Landlord Insurance

Protecting your investment and income is easy with our Landlord insurance. Your rental property is covered for everything from accidental damage to loss of rent. And if you have more than one policy with us, you’ll also receive a great discount.

Get a quote

Retrieve a quote

Hurry to get a $50 Prezzy^®card with every new Home, Contents or Car policy you take out*.

Offer ends in:

days hours minutes seconds

Get this offer now

Use Promo Code: THUNDER

*Offer ends 31 July 2017. T&C’s apply.

Hurry to get a $50 Prezzy^®card with every new Home, Contents or Car policy you take out*.

Offer ends in:

days hours minutes seconds

Get this offer now

Use Promo Code: THUNDER

*Offer ends 31 July 2017. T&C’s apply.

Landlord Insurance Policy Benefits

Loss of rent

If your home is accidentally damaged and your tenants can’t live there, we’ll cover the rent up to $20,000 or six months, while we repair the damage to your home.

Cover for retaining walls

We cover retaining walls up to $50,000.

Optional contents cover for Landlords

If your tenanted property is fully or partially furnished, it makes sense you’d want to insure these items as well. So we can also cover your contents for Market Value, up to the value of the Sum Insured amount for your contents.

Optional Extended Cover

Our Extended Landlord Cover offers serious additional protection that’s tailored to properties that are already tenanted.

If your tenants leave without giving notice, we’ll cover up to eight weeks loss of rent. We’ll also pay loss of rent for up to eight weeks if you need to evict your tenants. We will cover up to $20,000 for malicious damage, vandalism or theft by the tenant or their guest. And we‘ll pay up to $30,000 for decontamination and repair as a result of the tenants using or manufacturing illegal drugs, including the costs of discovering the contamination.

Please be aware that this cover only applies if you have a current Tenancy Agreement in place at the time of the event.

Additional benefits for peace of mind:

They’ll look after you when you make a claim, ensure you’re fully informed, and make sure things stay on track and hassle-free.

Get a Multi Policy Discount when you take out any two, or more, policies together. Depending on when you take out your policies, your discount will be applied at the time you pay, or as a refund once your policies have been issued.

With our excess options on your home and contents you can choose a higher excess in return for lower premiums — and you’ll only have to pay that excess when you make a claim.

We are proud to be the winner of the Canstar Blue Most Satisfied Customer Awards for home and contents insurance in 2013, 2014, 2015 and 2016.

Ready to get started?

Getting a quote only takes 5-10 minutes.

Get a quote

This is only a summary of key benefits. For full details, exclusions and limitations please read your policy document.

Application for cover is subject to underwriting acceptance. Limits, excesses, terms, conditions and exclusions apply to the insurance cover referred to. For full policy and benefit terms and conditions please go to aainsurance.co.nz/terms.

Existing customers

Make a claim

Pay / renew your policy

We’ve updated this policy

We recently made some changes to our insurance policies.

Find out what’s changed

Request a copy of your policy document

Latest Policy Document

Want to know more about our Landlord insurance? Read the full policy document online.

Download PDF

Frequently asked questions

If you can't find the answer you're looking for, please email us or call on 0800 500 231

There are several ways to calculate the cost of rebuilding your home, including:

Using an online calculator such as the Cordell Online Calculator*. The Cordell Online Calculator provides estimated typical building replacement costs for standard residential homes.

Obtaining a valuation completed by a builder, architect, quantity surveyor or other building expert.

There are many details that need to be taken into account when assessing the rebuild cost of your home, and because no one knows your home better than you do it’s up to you to determine the rebuild value of your home and provide your Sum Insured. Each home is unique; made from a variety of different materials, to different qualities and sizes and it is important that the sum insured reflects this.

For a full description of what’s included as part of your home, please read the ‘Your home includes’ section of your AA Insurance Home Insurance policy document.

More FAQs around our Sum Insured Home Insurance policies can be found here — Sum Insured FAQs.

Replacement Cover will be applied to your policy automatically, when you purchase a new policy after 30 August 2016, or when your policy next renews after 26 September 2016.

In an event other than a natural disaster, we’ll use Replacement Cover to settle your claim, as long as you have taken 'reasonable steps' to give us an accurate size for your home and you have calculated an accurate Sum Insured.

Using a LIM report or some other council authorised document to calculate the accurate size of your home is considered reasonable steps. Guessing the size of the home or using a measuring tape to try and estimate it, are not considered reasonable steps.

Reasonable steps includes using tools we have provided such as the Cordell online Calculator or getting a qualified professional to calculate an accurate Sum Insured. Taking a guess or relying on your property’s CV/market value are not reasonable steps.

Yes, your home is covered by natural disaster top-up cover if your claim is first accepted by the Earthquake Commission (EQC). Your Home Insurance premium includes an amount for natural disaster insurance, which is provided by the Earthquake Commission and is called EQCover.

If the unexpected happens and your home is damaged by a natural event, we’ll top up the EQCover, to your Sum Insured limit, to ensure you can get your life back to normal as quickly as possible.

Five landlord tips for rentals

There are more than 550,000* rental properties scattered throughout New Zealand, so it makes sense that as the market grows landlords better understand their rights and responsibilities. With this in mind, AA Insurance has put together a few tips to help make the property investment journey a smoother one.

Time will tell – understanding gradual damage

We’re often asked why some things are covered by insurance while others aren’t, like the damage caused from a leaky tap. So we thought we’d explain it here with a few examples.

View all FAQs

Why choose AA Insurance?

NZ's most trusted insurer

Thanks for voting us New Zealand's Most Trusted General Insurance provider for seven years running. Earning your trust is one thing. But keeping it is everything.

Our awards

We put you first

We put our customers' needs first and pride ourselves on working with them to eliminate stress and uncertainty. Just one reason why we have NZ's most satisfied customers.

Easy, stress-free claims

One of our Customer Managers will guide you through the entire process. They'll keep you fully informed, making sure things stay on track and hassle-free.

Making a claim with us

Get a quote