Our Verdict
- It's good for peace of mind. If your tenant stops paying rent or leaves without giving you notice, NRMA will cover you for lost rent for up to $5,000.
- It automatically covers flood, rainwater run-off and storm surge — not many other insurers do that.
- It's good for rewarding loyalty — the longer you stay, the bigger the discount you get.
- It doesn't do sign up offers or discounts like other brands.
Review by our insurance and innovations editor Gary Ross Hunter