When you’ve worked hard for your investment, it’s vital to protect it. You can depend on our Claims Team to be there 24/7 for you to lodge your claim, after damage or loss to your rental property.
Just like you, every claim is unique. This guide makes it easier to submit a Landlords Insurance claim, plus understand how our claim process works.
We assign a dedicated Client Manager from our Home Claims Team, to handle your claim from start to finish.
If required, we'll book a convenient time with you or your tenants, to inspect the damage or loss of your contents or property. We’ll look at any urgent repairs already made, or more repairs that you need.
Our Property Repair Team will then assess the damages, and engage with other experts if needed, to inspect your property and organise quotes. Or, we will consider someone you choose and if approved, we’ll make the arrangements.
We check your policy, property and damages and let you know if we can approve your claim or not, and why. An excess may be payable depending on your situation and cover. We will then work with you to either:
The appointed Property Repair Team will contact you about assessing the damage, plus provide you with a scope of works and schedule so you’re clear on the steps to follow.
If you need to pay an excess, it’s usually paid directly to the Property Repair Team after we advise you of the scope of work, but before they commence the work. We can also do a final inspection on your rental property, if you have any concerns.
We will pay the repair or rebuild cost (whichever is the lesser), for the item or part of the building that is damaged only. Or, if it’s decided not to repair or rebuild, we will discuss it with you.
Read the Home Insurance Product Disclosure Statement for more information.
The value that your rental home or individual contents are purchased and insured for, is listed on your Certificate of Insurance. Each year after your policy renews, these figures may adjust due to inflation and other factors.
For example, you should consider the sum insured for your rental home in your Landlords Insurance policy carefully, making sure you take into consideration any renovations made or new contents purchased, as these may increase the insured value of your Landlords Contents Insurance Policy.
You can check your insured values for your Landlords Insurance cover in My Insurance Portal. Call us if you would like to update these amounts accordingly, to ensure that you are not under-insured at the time of a claim.
If any damage or loss is due to an insured event and you’re covered for it, we will pay out your rental losses, provided all necessary documentations are supplied. Read the Home Insurance Product Disclosure Statement for more information, including policy limits.
If any damage or loss is your tenant’s fault and against their tenancy agreement, we will reduce the settlement by your tenant’s total bond, which you must legally claim first.
We will then calculate rent owing and legal expenses up to the values outlined in your Landlords Insurance policy.
Once your claim is finalised, we’ll take care of any settlements to other people or tenants involved.
We will contact anyone else or their insurance providers, so you don’t have to. If the other parties or their representatives contact you, please let us know.
That’s it. Then you can get back to your normal life as a landlord!