Home and contents insurance policies generally don’t protect investors from loss caused by their tenants, including:
- malicious damage
- deliberate or intentional damage
The good news is these types of losses are covered under all good Landlords Residential Property
Insurance policies, which is specifically designed to meet the needs of residential property investors.
Under a landlord’s policy, you can also take out optional cover such us loss of rent, rent default and
theft by a tenant, liability, domestic workers’ compensation ("DWC") and strata title mortgagee
protection. It is important that you check that DWC is required and available in your state.