Landlord and Short Stay Insurance
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Winner of RFI Global's Most Recommended General Insurer Award 2019-2024 -
Discounts and benefits for RAA members -
Cover can start immediately with 21 days to pay -
Our claims are handled in SA
Get a Landlord or Short Stay Insurance quote from SA locals
Cover your permanent rental or holiday rental for events like fire, flood and storm. Our insurance includes additional benefits like cover for damage by tenants, legal liability and loss of rent. Protect your hard-earned investment with insurance for your building, rental furnishings or both.
Getting a quote online is quick and easy.
We'll cover your property for these insured events |
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Fire, including bushfire¹ |
Flood² |
Storm and rainwater runoff¹ |
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Burglary, theft or attempted theft¹^ |
Bursting or leaking liquid |
Impact damage |
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Malicious damage and vandalism^ |
Lightning |
Earthquake or tsunami¹ |
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Explosion |
Damage by an animal³ |
Riot or civil commotion |
^By someone other than a tenant or guest. See additional benefits for what's covered for burglary, theft, attempted theft and malicious damage by a tenant or guest.
Cover with great additional benefits
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Accidental loss or damage caused by a tenant
Accidental loss or damage to your insured property caused by a tenant or guest of a tenant, excluding where the loss is as a result of their neglect or any domestic pet visiting or kept at the property.fa-checkfa-check -
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Malicious damage and intentional damage by a tenant
Loss or damage to insured property as a result of malicious damage and intentional damage caused by a tenant or a guest of a tenant. Cover for loss or damage is capped at 10% of the sum insured for all claims.fa-checkfa-check -
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Loss of rent (tenant default)
Your loss of rent if, after taking all steps legally available to you: your tenant leaves the rental property before the end of their rental term without the required notice; your tenant stops paying rent owed; your tenant is legally evicted from the rental property prior to the end of the term of lease; or, your tenant is the sole tenant and dies unexpectedly before the end of the lease term. Cover is capped at 20 weeks’ rent, or less if the property is re-let or the lease expires within that period.fa-checkfa-times -
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Loss of rent (tenant hardship)
Your loss of rent if your tenant is granted a release from their lease agreement by a residential tenancies tribunal or another relevant authority on the grounds of hardship. Cover is capped at 6 weeks’ rent, or less if the property is re-let or the lease expires within that period.fa-checkfa-times -
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Burglary or theft by tenant or guest
Loss or damage to insured property as a result of burglary, theft or attempted theft by a tenant or a guest of a tenant. Cover for loss or damage is capped at 10% of the sum insured for all claims. Limitations apply for the first 48 hours of your policy.fa-checkfa-check -
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Domestic pet damage
Loss or damage to your insured property caused by a domestic cat or dog owned by a tenant and shown on the Lease Agreement, capped at $3,000 for all claims (less any deposit or bond you are entitled to).fa-checkfa-check -
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Tribunal fees and representation costs
We’ll cover fees incurred as a result of evicting or recouping rent in a tribunal setting charged by your property manager under your property management agreement, or by the tribunal, up to $500 (less any deposit or bond you're entitled to).fa-checkfa-times -
Loss of rent (prevention of access)
Loss of up to 20 weeks' rent (which would have otherwise been payable) while your tenant's access is restricted to the rental property due to loss or damage at a neighbouring property not as a result of an insured event.fa-checkfa-check -
Replacement of locks and keys (Tenant default)
We’ll cover your out of pocket costs of up to $500 (less any deposit or bond you're entitled to) for re-barrelling and/or replacing house locks, keys or changing the house key codes, if we've agreed to pay your claim for loss of rent (tenant default), and the tenant hasn't returned their keys.fa-checkfa-times -
Un-tenantable rental property benefit
We’ll cover your loss of rent, that would've otherwise been payable, for a maximum of 52 weeks if the rental property becomes unfit to live in as a result of an insured event, and we've agreed to pay for that loss or damage, or if an insured event causes loss or damage to a neighbouring property and access to the rental property is prevented. The amount of rent is determined differently between Landlord (Permanent Rental) and Short Stay (Holiday) Rental.fa-checkfa-check
Cover with great additional benefits
Use the drop-down menus to compare options
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Accidental loss or damage caused by a tenant
Accidental loss or damage to your insured property caused by a tenant or guest of a tenant, excluding where the loss is as a result of their neglect or any domestic pet visiting or kept at the property.fa-checkfa-check -
1
Malicious damage and intentional damage by a tenant
Loss or damage to insured property as a result of malicious damage and intentional damage caused by a tenant or a guest of a tenant. Cover for loss or damage is capped at 10% of the sum insured for all claims.fa-checkfa-check -
1
Loss of rent (tenant default)
Your loss of rent if, after taking all steps legally available to you: your tenant leaves the rental property before the end of their rental term without the required notice; your tenant stops paying rent owed; your tenant is legally evicted from the rental property prior to the end of the term of lease; or, your tenant is the sole tenant and dies unexpectedly before the end of the lease term. Cover is capped at 20 weeks’ rent, or less if the property is re-let or the lease expires within that period.fa-checkfa-times -
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Loss of rent (tenant hardship)
Your loss of rent if your tenant is granted a release from their lease agreement by a residential tenancies tribunal or another relevant authority on the grounds of hardship. Cover is capped at 6 weeks’ rent, or less if the property is re-let or the lease expires within that period.fa-checkfa-times -
1
Burglary or theft by tenant or guest
Loss or damage to insured property as a result of burglary, theft or attempted theft by a tenant or a guest of a tenant. Cover for loss or damage is capped at 10% of the sum insured for all claims. Limitations apply for the first 48 hours of your policy.fa-checkfa-check -
1
Domestic pet damage
Loss or damage to your insured property caused by a domestic cat or dog owned by a tenant and shown on the Lease Agreement, capped at $3,000 for all claims (less any deposit or bond you are entitled to).fa-checkfa-check -
1
Tribunal fees and representation costs
We’ll cover fees incurred as a result of evicting or recouping rent in a tribunal setting charged by your property manager under your property management agreement, or by the tribunal, up to $500 (less any deposit or bond you're entitled to).fa-checkfa-times -
Loss of rent (prevention of access)
Loss of up to 20 weeks' rent (which would have otherwise been payable) while your tenant's access is restricted to the rental property due to loss or damage at a neighbouring property not as a result of an insured event.fa-checkfa-check -
Replacement of locks and keys (Tenant default)
We’ll cover your out of pocket costs of up to $500 (less any deposit or bond you're entitled to) for re-barrelling and/or replacing house locks, keys or changing the house key codes, if we've agreed to pay your claim for loss of rent (tenant default), and the tenant hasn't returned their keys.fa-checkfa-times -
Un-tenantable rental property benefit
We’ll cover your loss of rent, that would've otherwise been payable, for a maximum of 52 weeks if the rental property becomes unfit to live in as a result of an insured event, and we've agreed to pay for that loss or damage, or if an insured event causes loss or damage to a neighbouring property and access to the rental property is prevented. The amount of rent is determined differently between Landlord (Permanent Rental) and Short Stay (Holiday) Rental.fa-checkfa-check
Why choose RAA?
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10% multi-policy discount
We give you a 10% discount on each policy when you hold three or more insurance policies with RAA (excluding Travel Insurance) in the same name.* -
Member benefits and savings
If you're not already an RAA member, taking out an RAA insurance policy will automatically make you a member, giving you access to some amazing benefits including RAA Rewards. -
15% Seniors Card holder discount
Seniors Card holders can get a 15% discount on their landlord insurance policy.*
*Discounts do not apply to optional covers or statutory charges. A minimum premium applies. Discounts to your existing insurance policies will be applied at the next renewal of each policy.
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Sum Insured Calculator
Not sure how much it would cost to rebuild the home? Our easy to use calculator can help you estimate the current cost.
Frequently asked questions
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How much should I insure my building and rental furnishings for?
When you get a quote with us, you can choose your own ‘sum insured’, which is an amount based on what it would cost to repair or replace your building and rental furnishings. It also includes the cost of demolishing and clearing, removing items and any associated storage costs.If the amount you insure your building and furnishings for (the sum insured) isn’t adequate, you may be out of pocket if there’s an insured event.
- For your building, our sum insured calculator is a handy starting point and could help you work out the cost of replacing your building in the case of a total loss. The calculator is not suitable for buildings covered by strata.
- For your rental furnishings, think about how much it would cost to completely repair or replace the things you own, as well as the cost of removing any damaged items and associated storage costs. Rental furnishings are things like carpets, floating floors, curtains, electrical items and whitegoods. See the relevant Product Disclosure Statement for a full list of what's covered.
The sum insured calculator is a guide only, does not constitute personal advice and won’t take into account individual circumstances or preferences. We recommend getting expert advice to determine an adequate replacement sum insured for your insured property.
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What’s the difference between a permanent rental and a short stay rental?
A permanent rental means the property is rented to the same tenant long term (continuously for 12 weeks or more).
A short stay rental means the property is rented on a short term basis (less than 12 continuous weeks). This could be an Airbnb or holiday house.Rental property benefits differ depending on the use. You’re only covered for the use that's listed on your Certificate of Insurance.
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What if my property use changes?
You’ll need to call us on 8202 4567 to update your property’s details if the way your property is used changes. You’re only covered for the use that's listed on your Certificate of Insurance.
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It's better to be a member
RAA members can receive discounts on shopping and entertainment with RAA Rewards, enter exclusive competitions and access member-only services.
Plus, we love to reward our loyal members with savings on select policies and products.
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Frequently asked questions
Visit our help centre for answers to FAQs, important documents and more
Things you should know
The information included in this website and in our brochures is a summary and is intended as a guide only. Each section should be read subject to the full terms, conditions and exclusions as set out in the relevant Product Disclosure Statements (PDS) and Target Market Determinations (TMD). RAA Insurance products are issued by RAA Insurance Limited, ABN 14 007 872 602, AFS Licence No. 232525.
Read the General Insurance Code of Practice and our complaint policy for further information about your rights.
For details on your rights and benefits as an RAA member, please refer to the Membership Terms and Conditions.
Find out how we support our vulnerable members.