In 2026, compare policies for building cover, landlord-owned contents, loss of rent, tenant-related damage and legal liability, rather than focusing only on the premium. Check the Product Disclosure Statement for limits, excesses and exclusions, including requirements for tenant screening, inspections, smoke alarms and property maintenance. If the property is in a strata scheme, confirm what the owners corporation’s policy covers and where your own responsibility begins. Cover, pricing and claim outcomes depend on the insurer and your circumstances, so consider getting advice from a licensed insurance professional before choosing a policy.