Protect your investment with Landlord Insurance VIC
Safeguard your investment with cover that fits VIC landlord needs.
Trusted by thousands of property investors Australia wide
Why Landlord Insurance matters in VIC
Owning a rental property in Melbourne or regional Victoria comes with unique risks. Landlord insurance helps you manage the unique challenges and keep your investment secure.
- Tenant-related damage
Accidental or malicious damage caused by tenants or their guests.
- Natural disasters
Bushfires, floods, storms and other severe weather events.
- Rental income loss
Loss of rent if the property becomes uninhabitable or a tenant defaults.
- Legal liabilities
Protection if a tenant or visitor is injured on your property.
What is Landlord Insurance?
Landlord insurance protects Victorian landlords from financial loss caused by tenants, accidents, or unexpected events. It goes beyond standard building cover.
Is Landlord Insurance mandatory in VIC?
No, it is not legally required but strongly recommended to protect your rental income and property.
What does Landlord Insurance
commonly cover in VIC?
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 VIC rental laws affect landlords
From November 2025, key rental law changes in Victoria include:
- End of no-fault evictions
Landlords must provide a valid reason to end a lease.
- Notice periods extended
90 days for rent increases and notices to vacate
- Ban on rent bidding and extra fees
No charging above advertised rent or extra costs.
- Minimum standards
Homes must meet safety and quality standards before being rented.
- Annual smoke alarm checks
Mandatory for all rental properties.
Disclaimer: Rental laws are subject to change. Always consult the latest legislation or seek legal advice.
Factors that determine Landlord
Insurance premiums in VIC
Property location
Risk profile of the area, including bushfire or flood zones.
Property type
House, unit, townhouse or strata property.
Building age and condition
Age, materials and overall state of the property.
Coverage level
Type of cover selected such as building, contents or both.
Sum insured
The insured value or amount of cover chosen.
Claim history
Previous insurance claims m ade on the property.
Security features
Locks, alarms, cameras and other protective measures
Tenant type
Short-term, long-term, students or tenants with pets.
Excess amount
Higher excess usually lowers the premium.
Policy add-ons
Optional extras such as rent default cover.
Taxes and charges
Stamp duty, state taxes and insurer loadings or discounts.
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 VIC?
Policies usually exclude wear and tear, poor maintenance, tenants’ belongings, deliberate illegal acts by tenants, structural defects, and events not listed as insured.
Do I need landlord insurance if I already have building insurance?
Yes. Building insurance covers the structure, but landlord insurance protects against rental-specific risks such as tenant damage, loss of rent, and legal liability.
Are landlord insurance premiums tax deductible?
Yes, premiums are generally deductible as an expense on investment properties. Always check with your tax adviser for your individual circumstances.
Does landlord insurance in VIC cover tenants’ belongings?
No. Landlord insurance does not cover tenants’ possessions. Tenants should arrange their own contents insurance.
Ready to get insured?
Ready to protect your VIC rental property?
Talk to our insurance specialists today and get expert guidance tailored to your needs.