Landlord Insurance
Renting your investment property? Cover your investment for storms, floods, fire, theft and more.
Storms, floods and bushfires
If you’re a BankSA Home or Car Insurance customer impacted by severe weather or bushfires and need help with a claim, call the specialist BankSA team at Allianz on 1300 656 345 or submit a claim online.
What is Landlord Insurance?
BankSA Landlord Insurance, provided by Allianz, covers your investment property’s structures, fixtures and built-in appliances like hot water systems and air-conditioners. You can even cover items that you have provided for your tenants like furniture, carpet, appliances – and the BBQ.
Why BankSA?
One less step
Sort out your insurance and banking together.
Flexible payment options
No extra cost to pay by the month to help with your budget.1
All in one place
See your insurance policies next to your bank accounts in the App.2
Comprehensive cover
Insure your investment property for storm damage, floods and bushfires.3
Award winning value
BankSA has been recognised with the 2025 Canstar Outstanding Value Landlord Insurance award.
Cover for the big and small events
- Flood
- Fire or smoke inc. bushfires
- Lightning
- Storm, cyclone, rainwater or run-off
- Impact damage
- Riot or civil commotion
- Earthquake or Tsunami
- Theft or burglary
- Water or liquid damage
- Explosion
- Vandalism or malicious damage
- Accidental breakage of glass or ceramic items
Benefits for you
Additional benefits
The additional benefits depend on the Landlord Insurance cover you choose, this may include covering rental costs after an insured event, debris removal, and professional fees if you need to rebuild.
Cover for rental default and theft
For an additional premium, you can choose to add cover for rent default and theft by a tenant.
Simple online quote
It’s easy to get a quote and find out how much you’ll pay each month.
Already started a quote? Retrieve your quote
Tools and calculators
Calculators are intended as a guide only.4
Help me choose
Use our cover selector to help you find the insurance that’s right for you.
Building calculator
Estimate the cost to rebuild your house.
Contents calculator
Estimate the cost to replace the contents you provide for your tenants in your investment property.
The details on what’s covered
Some of the key things you should know about your cover.
For full details, of the terms, conditions, limits and exclusions that apply please read the Product Disclosure Statement (PDS) (PDF 1MB) and the Landlord Building and Landlord Contents Key Fact Sheets (KFS) before making a decision to purchase the insurance.
Frequently asked questions
Are there any exclusions?
All insurance policies have exclusions, and these vary depending on the type of cover you choose. For a summary of the exclusions, conditions and limits that may apply to Landlord Insurance, read the Understand my cover section.
How can the condition of my investment property affect my cover?
It is important to keep on top of your property repairs to ensure little things don’t become a bigger issue down the track. For example, if a storm caused water damage to your ceiling, you may not be fully covered if the water entered because the roof was not properly maintained.
Do I need to tell Allianz if I’ve installed or removed an alarm system?
Yes. Altering the security on your investment property may change the conditions of your Landlord Insurance, which could affect your premium. You should call Allianz as soon as you remove or stop using any security devices that were specifically required under your policy. If you don’t, let them know, and you need to make a claim, your claim may be declined or reduced.
Do I need to let Allianz know about any renovations to my investment property?
Yes. You should let Allianz know before work commences if the building alterations, additions, demolition, repairs, or decorations are over $75,000. If you don’t, let them know, and you need to make a claim, your claim may be declined or reduced.
You should also consider increasing your sum insured to include the cost of any extensions or renovations to make sure you are adequately covered if you need to make a Landlord Insurance claim.
Important information
BankSA's Privacy Statement is available at banksa.com.au/privacy/privacy-statement or by calling 13 13 76. It covers:
- How you can access the personal information BankSA holds about you and ask for it to be corrected;
- How you can complain about a breach of the Privacy Act 1988 (Cth) or a registered Code by BankSA and how BankSA will deal with your complaint; and
- How BankSA collect, hold, use and disclose your personal information in more detail.