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Landlord Insurance for your investment property

Our Landlord Insurance can help keep your investment property covered, inside and out, and comes with optional Tenant Protection Cover and optional Complete Replacement Cover. Manage your investment expenses by only paying for the cover you need. You’ll also save up to $50 when you buy a new policy online, and the AAMI Lucky Club gives you access to discounts at a range of home and furniture retailers.​

On a shared block?

Landlord Insurance does not cover strata title buildings.

So if your rental property is on a shared block or shares walls with other properties, you may need Strata Insurance.

More about Strata Insurance

Work out the value of your contents using our calculator.

Contents Calculator

Customer rewards

AAMI Lucky Club

AAMI Lucky Club lets eligible customers enjoy special offers, access to event perks like priority entry, premium viewing or pre-sales, and everyday discounts on groceries, petrol and more. More about AAMI Lucky Club.

Lucky Club eligibility

Customers with the following AAMI policies are eligible for AAMI Lucky Club via My Account or the AAMI App:

  • Any Car and Vehicle policies
  • Home and/or Contents, including Landlord and Strata
  • Life
  • Income Protection
  • Health (only via My Account)
  • Travel (only via the AAMI App)


Helping you at every step

If you ever need to claim, your dedicated Client Manager can organise every detail from beginning to end.

  • All quotes and repairs
  • Sourcing of materials and replacement items
  • Requirements of your local council or authority
  • Regular communication with you throughout the process.

What's covered for Landlords

Your Building

In Building & Contents, and Building Only Insurance

Your Contents

In Building & Contents, and Contents Only Insurance

Optional Covers

Insured Events

These are the events that you can make a claim for, if they cause loss or damage to your home or contents (or both, of course, if you have a combined policy). There are limits, conditions and exclusions which apply, so check out the policy documents to make sure you’re up to speed.

Insured Events listed above apply to AAMI Home Insurance products, excluding Fire & Theft Contents Insurance which is limited to loss or damage by Fire, Theft or Burglary. We don't insure you for bushfire, storm, storm surge, flood or tsunami for the first 72 hours of your policy. Very limited exceptions apply. Read the PDS for more detail.​

Landlord Insurance

Frequently asked questions

AAMI Lucky Club® is made available by AAI Limited ABN 48 005 297 807 trading as AAMI ("AAMI") to customers of selected AAMI branded insurance policies.

Insurance is issued by AAI Limited ABN 48 005 297 807 trading as AAMI. Limits, conditions and exclusions apply. Any advice has been prepared without taking into account your particular objectives, financial situation or needs, so you should consider whether it is appropriate for you before acting on it. Read the Product Disclosure Statement before you make any decision regarding this product. The Target Market Determination is also available.

This content applies to new policies and renewal policies with a start date after 14 December 2020.

Malicious damage

By ‘malicious’ we mean something done deliberately to harm your property.

For example, if your tenant smashes holes in the wall after they’ve been given an eviction notice, that’s considered malicious and is covered.

We don’t mean accidents, reckless or negligent acts, which aren’t covered. Examples of these are:

  • Your tenant never empties the bins causing bad smells and infestation.
  • Your tenant accidentally spills a glass of wine and ruins the carpet.
  • The children of your tenant put a hole in the wall while playing indoors.

This is a just summary. For full details check the PDS (Product Disclosure Statement). It’s dry, we know, but it’s essential reading.

Currently unavailable

We are currently unable to offer Tenant Protection Optional Cover on new Landlord Insurance policies until further notice.

Home Building Calculator

This calculator has some questions included that you may not find in other calculators, which will impact the estimate that is calculated.

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