This information relates to Virgin Home and Contents Insurance policies issued by Auto and General Insurance Company Ltd purchased before 2 October 2025.

What is landlord insurance?

Landlord insurance is a type of home insurance policy specifically for landlords with rental properties. It aims to protect property owners from financial losses that arise from their rental properties and contents supplied to the tenants.

What's covered?

What's covered with your landlord insurance?

Have peace of mind knowing your investment is protected. When we insure your home, you can also choose to extend that cover with our additional optional landlord cover.

Benefits

Cover limits
Repair or replacement of your investment property  
Insured events
Cover for 10 insured events
Legal liability
Up to $20 million
Mortgage discharge costs Up to $750
Rental property fixtures and fittings
(Due to insured event)
Up to 5% of sum insured
Replacement of locks and stolen keys Up to $1,000
Loss of rental income
(Due to insured event)
Up to 10% of sum insured, up to 12 months
Debris removal and extra rebuilding costs Up to 10% of sum insured

This is a brief summary only. Conditions apply. Full details are contained in the Product Disclosure Statement (PDS).

Optional Cover

Optional cover to go with your landlord insurance policy

Not every rental property is the same. You may need more cover to suit your situation, so we provide the following options that you can add to your landlord insurance policy for more personalised cover:

  • Flood Cover#
  • Motor Burnout Cover
  • Landlord Tenant Default
  • Landlord Theft and malicious damage

# The addition of Flood Cover to a policy is subject to our underwriting criteria.

For full details on Virgin Money’s landlord insurance,  please see the Product Disclosure Statement (PDS).

Need to make a claim on your landlord insurance?

No sweat! We’ve made the claims process simple and easy so you can rest easy knowing your investment is covered. 

Learn more about making a claim on your landlord insurance. 

FAQs

  • How much does landlord insurance cost?

    Landlord insurance costs will vary from individual to individual. In a similar way to other types of insurance, the cost is influenced by a number of different factors that are specific to you and your property.

  • Is landlord insurance tax deductible?

    Landlord insurance, among other expenses associated with renting your property out, are tax deductible.  Learn more about this in our ‘What is negative gearing?’ article.

  • What does landlord insurance cover?

    Landlord insurance can cover expenses related to losses or damages that can occur at your investment property. Virgin Money’s landlord insurance policy covers, legal liability, replacement of locks and keys, loss of rental income and more. 

  • What insurance do I need as a landlord?

    Landlords who are renting out their property to tenants are often not legally required to have home or landlord insurance. However, having insurance can protect you in the event that your investment property is impacted by insurable events.

    Landlord insurance can provide cover for a number of issues that may arise on the property and can include things like rental income and tenant damage if you so choose.

    Read Virgin Money’s Product Disclosure Statement for more information on what Landlord insurance can cover for your investment product.