Compare policies based on the cover provided, not just the premium. Check whether they cover the building, landlord contents, loss of rent, tenant-related damage, legal liability and temporary accommodation, and review each policy’s exclusions, limits and excesses. Conditions may apply, such as having a written tenancy agreement or carrying out regular inspections. Read the Product Disclosure Statement and confirm details with the insurer or a licensed insurance adviser, as the most suitable policy depends on your property and circumstances.