CHU Landlord Insurance may provide cover for eligible casual lets, including properties rented to paying guests through short-term rental platforms (such as AirBNB or Stayz). 

However, not all short-term accommodation arrangements are eligible. CHU Landlord Insurance is not designed for properties that are used as hotels, motels, resorts, inns, commercially operated serviced apartments or similar accommodation. This means cover is not available where your unit or property is managed or used as part of a commercial accommodation arrangement. 

For eligible casual lets, loss of rent may apply where the rental property becomes unliveable due to an insured event and a claim has been accepted. Cover is subject to the policy terms, conditions, limits and exclusions. 

Rent Default by Tenant is not available for casual lets. 

If you’re a strata lot owner, you will not have to pay an excess under your CHU Landlord Insurance policy if the strata building owner, body corporate or owners corporation makes a claim on a CHU policy for loss or damage caused by the same incident. 

This means that where both claims relate to the same incident, only the excess under the strata building policy would be payable. 

Yes. You should tell CHU if your weekly rental income changes, particularly if you have selected the Rent Default by Tenant option or you want to make sure your level of cover remains appropriate. 

Landlord Insurance is designed for property investors who rent out strata units, apartments, or homes within a community association to tenants. It protects you and your investment property from any damage to contents from insured events such as fire, flood or storms. It covers items such as carpets, light fittings and fixtures as well as loss of rent if the property is unfit to be occupied. Additionally, it covers you and your investment property from malicious tenants who might vandalise your property or leave without paying the rent.

Lots are individual units, flats, apartments, townhouses, villas or duplexes on land that has been sub-divided into a strata title. Common Property is the shared spaces in the scheme such as common stairwells, driveways, visitor parking, roofs, gardens, lifts, gyms, pool etc. Strata living can provide a friendly community-style environment but differs from living in a freestanding house.

Yes, Community Association  insurance only provides for accidental loss or damage to community property, as well as protection against risks faced by the association including legal liability.  Landlord Insurance protects you for damage to your own home within a community association.

Yes, Residential Strata Insurance only provides general insurance cover for the building, common/shared property and common/shared contents. The cover provided by the Strata Building policy generally ends when you cross the threshold of your individual property. Landlord insurance protects you for tenant related loss/damage inside your property and to strata fixtures not covered by the Body Corporate.

Landlord insurance helps protect property owners who rent out residential investment properties, including strata properties and freestanding houses. 

Depending on the cover selected, CHU Landlord Insurance may cover loss or damage to the rental property, landlord contents, loss of rent, certain tenant-related damage and legal liability. 

Cover is subject to the policy terms, conditions, limits and exclusions. 

Legal liability refers to your responsibility for injury or damage to others or their property. Contents Insurance covers legal liability by providing financial protection if you are found liable for personal injury or damage caused by you or your belongings, covering legal costs and compensation.

Contents Insurance is typically not mandatory for renters, but it is highly recommended to protect your belongings in case of unforeseen events.

Always read our PDS to understand what contents items are covered. High-risk items may need to be specified to be adequately covered.

A strata scheme is a building or collection of buildings that has been divided into lots and common property. Lots are individual units, flats, apartments, townhouses, villas or duplexes. Common Property is the shared items in the scheme, such as common stairwells, driveways, visitor parking, roofs, gardens, lifts, gyms and pools. Strata living can provide a friendly community-style environment but differs from living in a freestanding house.