Many Australians have realized the great potential for creating additional income and saving up for a rainy day by owning a portfolio of investment properties. Like owning a home, it is important for any landlord to protect an investment property with landlord insurance cover.
Landlord insurance is different from standard home insurance cover. It offers protection on a rental property and is designed specifically for investment property owners who lease to tenants. This type of insurance cover offers protection for building and contents for defined occurrences such as fire, liquid damage, and earthquakes. It can also include optional cover for vandalism and other malicious acts, tenant theft, and loss of rent.
Landlords want to maximize their rental income and try to cut costs related to maintenance and insurance. While this is normal for any type of business, it is important to keep in mind that you can obtain cheap landlord insurance cover without compromising your protection. However, the small amount of change you save on insurance premiums can very well mean thousands of dollars spent on fixing damages and lost income when something goes terribly wrong.
Understand your landlord needs
When studying your options for landlord insurance, you must also understand your needs. The primary reason for getting insurance cover for your investment property is to ensure that no matter what happens you can count on your insurance policy to help in minimizing your losses.
How to get cheap landlord insurance cover
Take advantage of the best and most affordable landlord insurance quotes online. By using our easy online insurance quotes, you get instant access to the most trusted insurers in Australia today.
Whether you own one rental property or several properties for lease, you can benefit from comprehensive yet cost-effective landlord insurance solutions. Get optional cover for vandalism, theft, and rent loss to reduce the risks you face.
Don’t be bogged down with worrying about landlord insurance costs because you can get cheap landlord insurance cover suitable to your budget. Compare product features and prices and apply for the best landlord insurance online.
You don’t need to compromise quality of cover when you can treat landlord insurance premiums as tax deductible. Since you can charge it as a business expense, there is absolutely no reason to leave yourself exposed to huge financial risks where your investment property is concerned.
Get huge savings today when you obtain cheap landlord insurance cover online. For the best quotes and get started on securing your investment with Australia’s top landlord insurance providers. Call Landlord Insurance HQ on 1300 815 344 or request a quote online.