Renting out your property? Safeguard your investment with coverage against vandalism, fire, theft, and more.
✓ Loss of rent during repairs: If your building or contents are covered and your rental property is unliveable after a covered event, CGU will pay up to 12 months of lost rent.1
✓ Furniture & furnishings: Cover for loss or damage to furniture, furnishings and carpet in your property2.
✓ Theft & vandalism: Cover for stolen items and damage to your items from robbery and vandalism, including stolen keys3.
✓ Flood, storm & storm surge: Cover for loss or damage to your home and items caused by flood, rainwater run-off, storm, storm surge and tsunami.4
✓ Damage from leaks: Cover for loss or damage to your property caused by liquid leaks5 like from a burst pipe or broken heater.
|
Cover |
Building |
Contents |
| Cover for loss or damage to Your Rental Property and Contents | ||
| Accidental breakage of glass | ✓ | ✓ |
| Animal damage | ✓ | ✓ |
| Damage by occupant | ✓ | ✓ |
| Deliberate or intentional act | ✓ | ✓ |
| Earthquake | ✓ | ✓ |
| Electrical motor burnout | ✓ | ✓ |
| Escape of water or liquid | ✓ | ✓ |
| Explosion | ✓ | ✓ |
| Fire | ✓ | ✓ |
| Flood or Rainwater Run-off | ✓ | ✓ |
| Impact | ✓ | ✓ |
| Lightning | ✓ | ✓ |
| Riot or civil commotion | ✓ | ✓ |
| Storm | ✓ | ✓ |
| Storm Surge or tsunami | ✓ | ✓ |
| Theft by Tenant | ✓ | ✓ |
| Theft or attempted theft | ✓ | ✓ |
| Cover for liability | ✓ | ✓ |
| Additional benefits | ||
| Abandoned possessions | ✓ | ✓ |
| Contents in the open air | ✕ | ✓ |
| Landlord furniture and furnishings – non-Strata scheme | ✓ | ✕ |
| Landlord fixtures – Strata scheme | ✕ | ✓ |
| Landscaping | ✓ | ✕ |
| Locating the cause of damage | ✓ | ✕ |
| Loss of rent | ✓ | ✓ |
| Meeting building regulations | ✓ | ✕ |
| Mortgage discharge costs | ✓ | ✕ |
| Professional and rebuilding fees | ✓ | ✕ |
| Removal of debris | ✓ | ✓ |
| Replacement of keys and locks | ✓ | ✕ |
| Storage costs | ✕ | ✓ |
| Optional benefits | ||
| Rent default | Optional | Optional |
| Safety net | Optional | ✕ |
Our partner CGU is here for you anytime, any day. Call CGU's claims team 24 hours a day, 7 days a week on 13 24 80 to make a claim.
For more information on the claims process, visit CGU's claims website.
What you need to know:
1 CGU cover either the weekly rent listed on your Certificate of Insurance, or the weekly rent in your rental agreement, whichever is less. A valid rental agreement is required.
2 Under a Landlord ‘Contents’ policy, your furniture and furnishings are covered up to the contents insured amount. Under a Landlord ‘Building’ policy, if your property isn’t under a strata or similar scheme your furniture and furnishings are covered to up to 10% of the buildings insured amount.
3 If theft or vandalism by tenant, CGU will deduct from your claim four times the weekly rent amount shown on your rental agreement, in addition to the standard excess. A valid rental agreement is required. No excess is payable for a claim made only under the ‘Replacement of keys and locks’ additional benefit.
4 CGU don’t cover actions of the sea, such as tides and waves.
5 CGU doesn’t cover damage caused by water leaking or escaping from a shower recess or shower base. CGU doesn't cover loss from erosion or other earth movements. CGU doesn't cover the costs to repair or replace the item that the liquid leaked or escaped from.
Excesses may apply. Refer to your Certificate of Insurance. For detailed terms, conditions, limitations, and exclusions, please read the Product Disclosure Statement.
The information on this website is general advice only and does not take into account your individual objectives, financial situation or needs (your personal circumstances). Before using this advice to decide whether to purchase a product, you should consider your personal circumstances and the relevant the Product Disclosure Statement , Target Market Determination and Premium Excess and Discounts Guide.
QPCU Limited T/A QBANK ABN 79 087 651 036, AFSL 241413 acts under its own AFSL and under an agreement with the issuer Insurance Australia Limited ABN 11 000 016 722, AFSL 227681 under the CGU brand. Any advice provided is general advice only and does not take into account your individual objectives, financial situation or needs (your personal circumstances). Before using this advice to decide whether to purchase a product, you should consider your personal circumstances and the relevant the Product Disclosure Statement , Target Market Determination and Premium Excess and Discounts Guide.
