
Get exclusive money-saving offers and guides
Straight to your inbox
Updated
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
EBM landlord insurance has been around since 1991 and these days provides cover to over 160,000 properties across Australia. It has offices in New South Wales, Victoria, Queensland and Western Australia. It offers three types of landlord and rental insurance: Householders Rental, RentCover ShortTerm and TenantCover.
RentCover
EBM offers two levels of this type of policy: RentCover Ultra and RentCover Platinum. The former is suited to landlords with apartments and units, the latter is tailored to standalone homes and townhouses. They can both cover you for tenant damage to contents and the building. RentCover Ultra doesn't cover you for damage to the building for other insured events though.
Householders Rental
This is an alternative to EBM RentCover that doesn't cover you for tenant-related damage and loss. It provides landlords with cover for legal liability and insured events including storms, fires and floods. It can cover contents (the belongings inside your rental property) and the building itself.
RentCover ShortTerm
RentCover ShortTerm is tailored to landlords who are renting out for less than six months at a time, for example if you have a holiday home you're renting out on Airbnb. RentCover ShortTerm can cover both the home and the contents inside it if a storm, fire, theft or other insured event damages or destroys your property and the items inside it.
TenantCover
TenantCover is designed for tenants who want to protect their belongings kept at the place they are renting. This can include furniture, electronics, kitchen utensils and more. If an insured event like a fire or theft occurs, you'll be covered for up to $25,000.
Want to know exactly what's included in an EBM landlord insurance policy? Check out the tables below. This one compares the different events a policy will cover.
Insured event | Householders Rental | RentCover ShortTerm | TenantCover |
---|---|---|---|
Fire or explosion | |||
Storm | |||
Flood | |||
Lightning or thunderbolt | |||
Earthquake | |||
Theft | |||
Malicious acts | |||
Riot or civil commotion | |||
Water damage | |||
Impact | |||
Glass breakage | |||
Electric motor burnout | |||
Power surge | |||
Erosion | |||
Damage caused by animals or birds | |||
Accidental damage | |||
Loss or damage by tenants arising from a deliberate act by the tenant or by guests |
While covering standard insured events, landlord insurance can also cover these specific events which are more directly related to owning a property.
More benefits | Householders Rental | RentCover ShortTerm | TenantCover |
---|---|---|---|
Damage by tenant's pet | |||
Rubbish removal and clean-up costs | $5,000 | ||
Fees | |||
Removal of debris | |||
Extra costs of reinstatement | |||
Contracting purchaser | |||
Waiver of excess if your property is a total loss | |||
Temporary accommodation | $10,000 or 20% of the sum insured | ||
Automatic reinstatement of sum insured | |||
Replacement of locks and keys | $500 | $1,000 | |
Inflation adjustment | |||
Legal costs | |||
Landscaping | $1,500 | $1,500 | |
Out-of-pocket expenses | $1,000 | ||
Temporary removal of your contents | 20% of the sum insured | ||
Works of art, pictures, tapestries, rugs, antique furniture | $5,000 per item and in total 20% of the sum insured for unspecified contents | $2,500 per item up to a total of $5,000 | $1,500 |
Jewellery | $1,500 | ||
Office furniture or equipment | $5,000 | ||
Floor coverings, blinds and curtains | |||
Accessories or spare parts of motor vehicles | $250 | $1,000 | |
Entertainment equipment | $2,500 | ||
Open air contents | $1,500 | $2,000 | |
Moving to a new house | |||
Loss of rent | |||
Legal liability | $30,000,000 | $20,000,000 | $10,000,000 |
Taxation audit | $2,000 | $2,000 |
Further to that, some landlord insurance companies provide options to add on to your policy for a bit of customisation.
Optional add-ons | Householders Rental | RentCover ShortTerm | TenantCover |
---|---|---|---|
Cover against malicious, accidental damage and theft by the tenant for non-fixed contents |
Like any insurance policy, an EBM landlord insurance policy comes with a few excesses you need to be aware of. An excess is the amount you need to contribute whenever you make a claim. The following excesses apply:
To make an EBM landlord insurance claim, follow these steps:
There's no EBM landlord insurance discount at the time of writing, but that doesn't mean you can't save with an EBM policy. Here are a few tips that could help you cut costs.
This depends on what you're looking for. You can find more about which landlord insurance is best for you here.
Yes. EBM landlord insurance is available in New South Wales.
Yes. EBM landlord insurance is available in Queensland.
EBM landlord insurance holds a binding authority from QBE.
Want to insure a Porsche 911? Here are things we think you should know.
It has dashing good looks and stands out from the crowd, but is the Peugeot 508 GT worth your money?
Find out about how to insure the luxury Mercedes-AMG G 63 4x4 SUV.
With bonus Qantas Points and a range of complimentary insurance covers, the Westpac Altitude Platinum - Qantas is worth considering if you want more frequent flyer points.
From the best overall face moisturiser for dry skin to the best body moisturiser, hand moisturiser and tinted moisturiser for dry skin, these are the best 7 moisturisers for dry skin you can buy in Australia right now.
From costs and finance options to what materials you’ll need, learn about bathroom renovations in this comprehensive guide.
Engines aren’t the only thing overheating on the roads this summer – our tempers are too, according to new research by Finder, Australia’s most visited comparison site.
Plan your epic road trip around WA with our guide to campervan hire in Broome.
Encounter wildlife, regional treats and sandy shores with your caravan hire on the Sunshine Coast.
Discover great destinations for campervan relocations for your adventure across Australia.