Safeguard your investment with cover that fits Tasmanian landlord needs.
Safeguard your investment with cover that fits Tasmanian landlord needs.
Trusted by thousands of property investors Australia wide
Why Landlord Insurance matters in TAS
Owning a rental property in Hobart or regional Tasmania comes with unique risks. Landlord insurance helps protect your investment and income.
- Tenant damage
Accidental or malicious damage caused by tenants or their guests.
- Natural disasters
Bushfires, floods and severe storms.
- Rental income loss
Loss of rent if the property becomes uninhabitable or a tenant defaults.
- Liability
Cover if a tenant or visitor is injured on your property.
What is Landlord Insurance?
Landlord insurance in Tasmania is a type of cover that protects property owners who rent out their homes or investment properties. It can provide protection for loss of rental income, tenant-related damage, insured events such as fire, storm, or flood, and liability if someone is injured on the property. With Tasmania’s rental laws and exposure to weather-related risks, this cover helps landlords reduce financial stress and safeguard their investment when leasing to tenants.
Is Landlord Insurance mandatory in TAS?
No, landlord insurance is not legally required in Tasmania. It is highly recommended to safeguard your investment from unexpected financial losses.
What does Landlord Insurance
commonly cover in TAS?
Contents cover
Landlord items such as carpets, curtains and appliances.
Damage and theft by tenant cover
Accidental or malicious damage by tenants or guests.
Loss of rent
If the property becomes uninhabitable due to an insured event.
Tenant default
Cover if a tenant fails to pay rent or ends the lease early.
Public liability
Protection if someone is injured on the property.
How TAS rental laws affect landlords
Tasmanian rental laws outline landlord and tenant responsibilities:
- Rent increases
Limited to once every 12 months and must be reasonable.
- Notice periods
Specific minimum notice must be given to end a tenancy.
- Minimum standards
Properties must be clean, safe and in good repair.
- Bond and rent in advance
Rules apply to how much can be requested and how bonds are lodged.
- Tenant rights
Tenants have clear protections around privacy and entry.
Disclaimer: Rental laws are subject to change. Always consult the latest legislation or seek legal advice.
Factors that determine Landlord
Insurance premiums in TAS
Property location
Risk of bushfire, storm or flood in the area.
Property type
House, unit, townhouse or strata property.
Building age and condition
Materials, age and general upkeep.
Coverage level
Building, contents or both.
Sum insured
The value you choose to insure.
Claim history
Past claims can influence premiums.
Security features
Locks, alarms and security systems.
Tenant type
Short-term, long-term, students or pet owners.
Excess amount
Higher excess usually lowers premiums.
Policy add-ons
Extras such as rent default cover.
Taxes and charges
tate duties and insurer loadings.
Benefits of choosing Duo Insurance
Insurance should be clear, reliable and built to protect your investment. Duo Insurance delivers through:
- Clients claim advocation
- Expert advice
- Efficient claims process
How it works
Obtain a quick quote
Get an estimated premium by providing essential property details online.
01Finalise your application
Complete all necessary information, review policy terms, and submit your application.
02Protect your property
Once approved and payment is made, your policy is active, safeguarding your investment.
03Frequently Asked Questions
What isn’t covered under landlord insurance in TAS?
Policies generally exclude wear and tear, poor maintenance, pests, mould, tenants’ belongings and issues not listed as insured.
Do I need landlord insurance if I already have building insurance?
Yes. Building insurance covers the structure only. Landlord insurance adds protection for tenant damage, rent loss and liability.
Are landlord insurance premiums tax deductible?
Yes. Premiums are usually tax deductible as an investment property expense. Confirm with your tax advise.
Does landlord insurance in TAS covers tenants’ belongings?
No. It only covers landlord-supplied items. Tenants must take out their own contents insurance.
Ready to get insured?
Ready to protect your Tasmania rental property?
Talk to our insurance specialists today and get expert guidance tailored to your needs.