Insurance for Landlords :: Calculators
SHARE

Share this calculator!

Insurance for Landlords Landlords Insurance Calculator

Estimate your landlords insurance needs with our Landlords Insurance Calculator. Calculate the right levels of cover to protect your property and secure your financial livelihood.

'Calculator results are estimates only and not quotes. Actual quotes will be provided by licensed brokers after you submit an enquiry.'

Landlords Insurance – Sum Insured Calculator

Work through the steps to add up replacement values for building components and landlord contents so you don’t underinsure. This is a planning tool only – not a quote or personal advice.

Step 1 of 7

1) Property profile

A few basics for record-keeping and GST display mode.

If strata, confirm what the Owners Corporation insures vs what the landlord must insure.
You can still enter each line item incl. GST or ex-GST and we’ll align it to your chosen display.

2) Building – replacement items

Structure, fixed fixtures and external improvements. If strata, building may be insured by the Owners Corporation – check first.

Add your major building components (replacement cost, not market value).

3) Landlord contents (non-structural)

Carpets, curtains/blinds, light fittings, freestanding appliances (if provided), furniture (for furnished lets), window A/C, outdoor settings.

Only include items you provide as the landlord.

4) Appliances & fixed inclusions

Built-in oven/cooktop, rangehood, dishwasher, ducted A/C units, hot water system, smoke alarms, solar, security systems.

Often treated as part of the building sum insured.

5) External structures & site improvements

Garage/carport, sheds, pergolas/decks, fences/gates, paths/driveways, retaining walls.

Include any structures you’d need to rebuild after an insured event.

6) Optional limits (planning aids)

These do not change the building/contents sum insured, but help you think about limits such as loss of rent.

Used to suggest a loss-of-rent limit.
Policies vary by insurer and product – this is just a planning estimate.

7) Results

Calculate your recommended sums insured based on the values you entered.

When you’re ready, calculate. Your live summary updates automatically as you type.

Heads-up: Liability, rent default/tenant damage sub-limits, flood cover, and strata vs. landlord responsibilities vary by policy. This tool totals user-entered replacement values and isn’t a quote or advice.

Calculator outputs are estimates only and do not constitute quotes. Actual quotes will be provided by a licensed broker after you submit an enquiry.

Calculator outputs are estimates only and do not constitute quotes. Actual quotes will be provided by a licensed broker after you submit an enquiry.

How to use our Landlords Insurance Calculator

Our Landlords Insurance Calculator helps Australian property investors estimate an appropriate landlords insurance sum insured. Getting the sum insured right matters because underinsurance can leave you out of pocket after a major event, while overinsurance can mean paying for cover you do not need. This calculator is designed to guide your planning for building replacement, landlord contents, and optional limits such as loss of rent, so you can approach quotes with clearer numbers.

How to complete the calculator for the best result

1. Choose your dwelling type

Select the option that most closely matches your rental (for example house, townhouse, unit, or other). This helps you think about which parts you are responsible for insuring, especially if the property is strata titled.

2. Enter property details (optional fields)

Add the property address and financier details if relevant. These fields can help you keep records consistent when you later request a quote, but they do not change the arithmetic of your totals.

3. Select construction and year built

Choose the construction type and approximate year built. Use this as a prompt to consider higher rebuilding costs for older materials, heritage features, or non standard finishes.

4. Choose GST treatment

Select whether to display amounts including GST or excluding GST. For most residential landlords, including GST is more practical when estimating replacement costs from retail pricing.

5. Add replacement items in each section

Work through Building items first, then Landlord contents, then Appliances and fixed inclusions, then External structures. Add items at realistic replacement values, not original purchase prices. Include labour, delivery, installation, and removal of debris where applicable.

6. Set optional limits for loss of rent

Enter weekly rent, then select a loss of rent duration scenario that matches your risk tolerance and likely repair timeframe.

How to interpret the results

1. Recommended totals indicate your estimated sums insured by category based on what you entered.

2. Use the summary as a checklist when comparing landlords insurance policies, noting that cover definitions and sub limits vary by insurer.

3. Treat outputs as estimates only, not a quote or personal advice.

General information only. This guide does not consider your objectives, financial situation, or needs. Consider the relevant policy documentation and seek advice from a licensed insurance adviser or broker if you are unsure.

Share this calculator:


Insurance News

Global Insurance Rates Decline Despite Rising Catastrophe Losses
Global Insurance Rates Decline Despite Rising Catastrophe Losses
30 May 2026: Paige Estritori
The global insurance market is experiencing a paradoxical trend: despite a significant rise in catastrophe losses, insurance rates are declining, creating a favorable environment for buyers. In 2025, global insured catastrophe losses exceeded US$100 billion for the sixth consecutive year, yet the market has remained 'soft' into the first half of 2026. - read more
Victorian Bushfires Set to Drive Up Insurance Premiums in High-Risk Regions
Victorian Bushfires Set to Drive Up Insurance Premiums in High-Risk Regions
30 May 2026: Paige Estritori
Recent bushfires in Victoria have raised concerns about potential increases in insurance premiums, particularly in regions already grappling with affordability issues. The Insurance Council of Australia (ICA) has declared the fires a catastrophic event, with over 2,600 claims filed, nearly half of which pertain to commercial properties, including farms. - read more
Allianz Announces Further Reductions in Broker Commissions for Home and Landlord Insurance
Allianz Announces Further Reductions in Broker Commissions for Home and Landlord Insurance
30 May 2026: Paige Estritori
Allianz has announced a further reduction in broker commissions for its home and landlord insurance products, aiming to maintain the sustainability of its portfolio amidst increasing claims costs and heightened natural catastrophe activity. - read more
CHU Introduces Cyber Coverage in Strata Insurance Policies
CHU Introduces Cyber Coverage in Strata Insurance Policies
22 May 2026: Paige Estritori
In a significant move to address the evolving risks faced by strata communities, CHU Underwriting Agencies has incorporated cyber protection into its residential strata insurance policies. This enhancement provides coverage of up to $50,000 for losses resulting from social engineering fraud, a type of cybercrime where perpetrators impersonate trusted contacts to manipulate payment instructions. - read more
Landlords Insurance Articles

Creating an Effective Emergency Response Plan for Your Rental Property
Creating an Effective Emergency Response Plan for Your Rental Property
Owning a rental property comes with various responsibilities, and one of the most critical is ensuring the safety of your tenants and property. Having a well-thought-out emergency response plan can significantly contribute to managing unexpected situations effectively. Emergencies can be unpredictable, ranging from natural disasters to unexpected maintenance issues, making it essential for landlords to be prepared. - read more
Protect Your Investment: The Importance of Landlord Insurance
Protect Your Investment: The Importance of Landlord Insurance
In the ever-evolving Australian property market, landlords face a myriad of challenges and opportunities. Whether you're managing a bustling short-term rental in Sydney or a quiet long-term lease in Brisbane, protecting your investment is paramount. This is where landlord insurance steps in as a vital component of property management. But what exactly is landlord insurance? - read more
Understanding the Financial Implications of Short-Term vs Long-Term Rentals
Understanding the Financial Implications of Short-Term vs Long-Term Rentals
When considering property investments, Australian landlords often face the tough choice between short-term and long-term rentals. Understanding the financial implications of each can significantly affect the success of your investment. With the ever-changing property market in Australia, it's crucial to navigate these options wisely to maximize returns and ensure sustainable growth. - read more
Top Tips for Reducing Rental Property Maintenance Costs
Top Tips for Reducing Rental Property Maintenance Costs
Owning rental property can be both a rewarding and challenging endeavour. Many Australians venture into property investment with the goal of financial security and long-term growth. However, the reality of managing rental properties can often present unforeseen challenges, especially when it comes to maintenance. - read more

Knowledgebase
Trauma Insurance:
An insurance that pays a lump-sum amount on the diagnosis of one of several critical illnesses or events