Landlord insurance may cover risks such as building damage, landlord-owned contents, tenant-related damage, legal liability and loss of rent, but the available cover varies between policies. Check the Product Disclosure Statement for exclusions, excesses, claim limits and conditions, including requirements for inspections, property management and unoccupied periods. Ordinary wear and tear, maintenance issues and some types of tenant damage may not be covered, while strata properties may have separate building insurance arrangements. Compare policies carefully and consider speaking with a licensed insurance broker or the insurer about how the cover applies to your circumstances.