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Holiday Rental Insurance

Covers you for tenant-related risks including loss of rental income, and loss or damage by tenants to your holiday rental building and contents.

Holiday Rental Insurance for $1.50 or less per day^

Is your property a residential tenancy? View our insurance options here >

Combine with Building and Save+.Find out more >
Buy online and SAVE 5% on your first year's premium+

What's Covered

Loss of rental income

Protects you from loss of rental income as a result of scenarios such as those listed below.

Provides cover for:

  • Death of a tenant
  • Untenantable property
  • Prevention of access
  • Failure to Vacate

Contents

Protects those furnishings you forget, like curtains, carpets, blinds and light fittings. What contents are covered?

Provides cover for:

  • Tenant Damage
  • Flood
  • Storm or rainwater
  • Escape of liquid
  • Fire (including bushfire) or explosion
  • Show more
  • We do not insure you for bushfire, storm, flood or tsunami in the first 72 hours of your policy. Very limited exceptions apply. Read the PDS for more detail.

Building

Protects your building against: loss or damage caused by tenants, their family or their invited guests. What does building include?

Provides cover for:

  • Tenant Damage
  • Pet damage
  • Scorching

Additional benefits

  • Legal expenses up to $5,000
  • Legal liability cover up to $20 million
  • Emergency Service damage up to $1,000

This content applies to policies commenced or renewed on or after 10 August 2024.

For full details of our policies we recommend you read the relevant Product Disclosure Statement.
The Target Market Determination is also available.

Details of what's covered

If your property is managed by a property manager the Terri Scheer Short Stay Policy covers short stay tenancies and includes cover for:

Loss of Rental Income

Hide Detail
Insured Events
Sub-limit
Untenantable (Building)
52 weeks loss of rent per incident, but no more than $50,000 in any one period of insurance
Untenantable (murder/suicide)
52 weeks loss of rent per incident, but no more than $50,000 in any one period of insurance
Untenantable (death of tenant)
26 weeks loss of rent per incident, but no more than $25,000 in any one period of insurance
Untenantable (contents)
6 weeks loss of rent per incident, but no more than $6,000 in any one period of insurance
Prevention of access
52 weeks loss of rent
Failure to vacate
26 weeks of rent per incident, but no more than $25,000 in any one period of insurance
Death of tenant
12 weeks loss of rent per incident, but no more than $12,000 in any one period of insurance

Contents

Show Detail
Insured Events
Sub-limit
Break-in vandalism or theft
Earthquake or tsunami
Electric motor burnout
Reasonable costs for motors less than 7 years old
Escape of liquid
Fire (including bushfire) or explosion
Flood
Glass breakage
Impact
Lightning
Oil leakage from any heater
Pet damage
Up to $5,000 per period of insurance (Combined with Building damage)
Riot, civil commotion or public disturbance
Scorching
Up to $1,000 per period of insurance (Combined with Building damage)
Storm or rainwater
Tenant Damage

Building

Show Detail
Insured Events
Sub-limit
Pet damage
Up to $5,000 per period of insurance (Combined with Contents damage)
Scorching
Up to $1,000 per period of insurance (Combined with Contents damage)
Tenant Damage

Other

Show Detail
Insured Events
Limit
Legal expenses
Up to $5,000 per claim
Legal Liability
Up to $20million in legal liability
Emergency Service damage
Up to $1,000 per claim

The Landlord Preferred Self Managed Policy covers landlords who manage the property themselves.

It includes:

Loss of Rental Income

Hide Detail
Insured Events
Sub-limit
Absconding tenant
Up to 20 weeks loss of rent
Defaulting tenant (by court order)
Up to 20 weeks loss of rent
Defaulting tenant (by termination notice)
Up to 20 weeks loss of rent
Failure to give vacant possession
Up to 15 weeks loss of rent
Death of tenant
Up to 15 weeks loss of rent
Hardship
Up to 4 weeks loss of rent
Untenantable property (due to tenant damage to building)
Up to 52 weeks loss of rent
Untenantable property (due to contents damage)
Up to 6 weeks loss of rent
Prevention of access
Up to 52 weeks loss of rent
Rent reduction
Up to 6 weeks reduction of rent under ‘Section 2: Contents’
Up to 52 weeks reduction of rent under ‘Section 3: Building (tenant damage)’

Contents

Show Detail

Cover anywhere between $30,000 and $100,000.

Insured Events
Sub-limit
Tenant Damage
Flood
Storm or rainwater
Escape of liquid
Fire (including bushfire) or explosion
Break-in vandalism or theft
Pet damage
Up to $5,000 per period of insurance (Combined with Building damage)
Scorching
Up to $1,000 per year (combined with Building damage)
Impact
Earthquake or tsunami
Glass breakage
Lightning
Oil leakage from any heater
Electric motor burnout
Reasonable costs for motors less than 7 years old
Riot, civil commotion or public disturbance

Building

Show Detail

Up to $60,000 cover included per period of insurance

Insured Events
Sub-limit
Tenant Damage
Pet damage
Up to $5,000 per period of insurance (Combined with Contents damage)
Scorching
Up to $1,000 per period of insurance (Combined with Contents damage)

Other

Show Detail
Insured Events
Limit
Legal Liability
Up to $20million in legal liability

This content applies to policies commenced or renewed on or after 10 August 2024.

For full details of our policies we recommend you read the relevant Product Disclosure Statement.
The Target Market Determination is also available.

Why Landlord Insurance is important

Landlord Insurance covers you for tenant-related losses. Things like loss of rent due to a tenant breaking their lease or being evicted, or damage caused to your contents by tenants, like drink spills on carpets. Other insurance may not cover these events, and very often, the bond won’t be enough to cover the associated costs.

Combine
and save

If you own a freestanding building, combine one of our Landlord Insurance products with our Residential Building Insurance and receive a 10% discount+ on your Residential Building Insurance policy.

Find out more
Holiday Rental Insurance is rated 4.8 out of 5 by 188.
Rated 5 out of 5 by from easy to use and great cover purchased insurance from website and easy to use and competitive rates on offer
Date published: 2024-10-22
Rated 3 out of 5 by from Landlord Insurance Cover Easy to signup. As its my 1st sign-up with TS, I'll reserve my comments for another day down the track. Currently nothing to comment other then to say it seems reasonable.
Date published: 2024-10-21
Rated 5 out of 5 by from Good product Needed insurance for short term rental this was the best product
Date published: 2024-10-15
Rated 5 out of 5 by from excellent product excellent service, easy web site to navigate, smooth business.
Date published: 2024-10-07
Rated 5 out of 5 by from Easy to understand, well laid out website. Great to deal with, no being stuck on hold for ages when wanting to talk to someone, website explained the policy well and the user experience was very positive when buying the policy online.
Date published: 2024-09-13
Rated 5 out of 5 by from Value for money policy Very happy with the level of cover provided. Thank you
Date published: 2024-09-13
Rated 5 out of 5 by from Professional service, fully supported Have purchased for the second time, very confident in service and support.
Date published: 2024-09-10
Rated 5 out of 5 by from New policy Looks to be covering rental property for short term renters
Date published: 2024-08-30
Rated 5 out of 5 by from Great Service Easy, fast and convinient. All the process to arrange the landlord insurance was simple and easy.
Date published: 2024-08-12
Rated 4 out of 5 by from Easy sign up process. Just purchase. Really painless sign up process. Hopefully it is just as painless if I need to claim.
Date published: 2024-08-08
Rated 5 out of 5 by from Great insurance product Just bought today, good coverage, ease to purchase
Date published: 2024-07-23
Rated 5 out of 5 by from Great insurance product Covers everything I need for my holiday rental property
Date published: 2024-07-22
Rated 5 out of 5 by from Holiday Rental Insurance Limited options in the market, Terri Sheer policy setup was easy straight forward and no hasselss
Date published: 2024-07-20
Rated 5 out of 5 by from New Insurance beginnings Our apartment insurance came up for renewal with another provider. An acquaintance suggested we try Terry Scheer. The quote was much cheaper and we received more benefits than with our current provider. We discussed any matters of interest / concern with the Phone consultant who was amazing. So we have changed over.
Date published: 2024-07-05
Rated 5 out of 5 by from Perfect fit Coverage for all aspects of landlord concerns including legal liability. Online quote is simple and easy to complete.
Date published: 2024-07-03
Rated 5 out of 5 by from Easy to Purchase Online I found this landlord policy perfect for our needs, and it was at a very competitive rate
Date published: 2024-06-28
Rated 5 out of 5 by from Very fast and convenient I have brought insurance with these guys before it’s always simple.
Date published: 2024-06-27
Rated 5 out of 5 by from Great product Easy to buy, great product, will definitely recommend
Date published: 2024-06-25
Rated 5 out of 5 by from Easy & Good Value I have had previous experience with Terri Scheer on other investment properties. Although I have never had the need to claim, the process to take out the insurance is very easy. Their coverage is good and I've never had an issue with them.
Date published: 2024-06-21
Rated 5 out of 5 by from Easy insurance A very efficient and timely online insuring process
Date published: 2024-06-19
Rated 5 out of 5 by from great product great product and easy to process on web site. would recomend to all
Date published: 2024-06-18
Rated 5 out of 5 by from Product was suitable for our requirements Pleased with the simplicity in obtainig a quote and purchasing policy on-line. Policy covers our specific requirements for short term rental of our 1 Bedroom apartment in Manly
Date published: 2024-06-14
Rated 5 out of 5 by from Phone assistance An extremely helpful and patient representative navigated me through completion of the application
Date published: 2024-06-14
Rated 5 out of 5 by from Easy on-line landlord surance The on-line quote and purchase of landlord experience was very easy and simple to complete - price was good and process very quick.
Date published: 2024-06-09
Rated 5 out of 5 by from Quick, Easy and Good Price Easy to Quote. Clear in what policy covers and when I phoned to ask any questions the person who asisted was very helpful. Price also very good.
Date published: 2024-06-07
Rated 5 out of 5 by from Landlord Great product great value, easy to navigate online
Date published: 2024-06-05
Rated 5 out of 5 by from Good insurance group Just brought this policy and will definitely see how it goes. Hope that I never need it
Date published: 2024-05-19
Rated 5 out of 5 by from Accepted Online Quote - Affordable and Great Value So easy to apply and affordable policy. Great features and benefits.
Date published: 2024-05-01
Rated 5 out of 5 by from Terrific landlord insurance product I have multiple landlord insurance products with Terri Scheer. I am completely satisfied with their product.
Date published: 2024-04-16
Rated 5 out of 5 by from Great cover Great value for the price, very easy to get cover online, great customer service on the phone also.
Date published: 2024-04-15
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