When comparing landlord insurance in Sydney, check whether the policy covers building damage, loss of rent, tenant-related damage, legal liability and contents you provide for tenants. If the property is a unit, confirm what the strata scheme’s building insurance covers and where your own responsibility begins. Read exclusions, excesses and claim conditions carefully, particularly for rent arrears, deliberate damage, building defects and periods when the property is unoccupied. Premiums and available cover depend on the property, location and policy details, so compare current product disclosure statements and ask the insurer or a licensed insurance adviser about any uncertain terms.