Landlord Insurance in QLD

Hi all,

I'm buying an IP in Brisbane which is 25 years old and not in flood affected area.

But I'd like to get insurance cover for building + landlord (rent default/ theft / damage by tenants) + flood and other disasters.

Can any one please recommond good insurance based on claim procedure ( how easy and fast the insurer process the claims).

Thanks in advance

 

Terri Scheer and EBM are two of the favourites around these parts, for good reason.

 

Suncorp is good with flood insurance.

Not so much with rental defauot cover

 

THanks all for the replys.

 

EBM and Terri-Sheer would be considered the gold standard for specialists within the property insurance space. I have personally used EBM and found them great to deal with. However, their premiums have been creeping up each year. An alternative is Property Insurance plus (PIP) who is newer to the space and has been offering cheaper premiums for both building and landlord insurance.

One thing I have personally been considering is using a mainstream insurance company for building insurance and a specialist for landlord insurance. I have found the mainstream companies appear to offer similar building insurance at cheaper rates. While specialist landlord insurance covers a greater deal of tenancy-related issues while being the cheaper proportion of the insurance cost (building + landlord). This may provide a cheaper alternative for investors but still with sufficient cover.