Aon Landlord Insurance
Landlord insurance caters to the needs of landlords, providing a home insurance product specifically designed to provide property owners with some protection against the financial loss that may result from owning a rental property.
Compare Aon landlord insurance
The table below displays a snapshot of Aon’s landlord insurance policies on Canstar’s database. Please note the products and Star Ratings displayed are based on a house in New South Wales.
Compare Landlord InsuranceWhat landlord insurance policies does Aon offer?
Aon offers two landlord insurance policies – Rental Protection Plus Advantage and Rental Protection Plus. The former has a fixed price and level of cover per state, whereas the latter is a tailored insurance policy which allows you to only pay for the cover you need.
Both policies cover several key risks to ensure peace of mind for both tenants and landlords, including:
- Cover for loss of rent – both for inhabitability after an insured event and if your tenant defaults on their payment.
- Cover for damage caused by from natural disasters or a malicious act.
- Accidental glass breakage
- Theft or malicious damage
- Legal liability – for damage to third parties occurring on your property.
- Contents including furniture and furnishings
- Keys and locks
Exclusions may apply when it comes to making a landlord insurance claim. Some common exclusions include:
- Gradual deterioration, neglect, lack of maintenance, structural failure or general wear and tear
- Pre-existing damage
- Any costs associated with the cleaning up or removal of asbestos
- Vermin or insects
- Invasion or war
- Erosion
- Any damage arising from repairs or alterations being carried out on the house by a tenant or someone acting on a tenant’s behalf
- Any damage arising from repairs, alterations, renovations, or additions to building which cost more than $50,000
For a detailed look at what may not be covered under an Aon landlord insurance policy, see Aon’s Product Disclosure Statement (PDS).