Building & Landlord Insurance
If your property is not covered by an Owners Corporation (OC) or Strata, it needs its own Building policy. This applies to any standalone property.
The Duo Insurance Building policy provides coverage for the structure of the property, including built-in and plumbing fixtures, as well as protection against common perils such as fire, impact, and storm damage.
Standout Features Our Policy Covers
Temporary Repairs Coverage
Temporary repair costs are included in the event you are unable to repair your property straight away.
Tenant Default & Crisis Protection
Get up to 20 weeks coverage for tenant default and 26 weeks for death, murder, or suicide.
Drug-Related Damage Coverage
Obtain up to $60,000 coverage for controlled drug-related damages and cleanup.
"Duo Insurance exceeded what I had hoped for by providing expert counsel and a tailored policy for my investment real estate. The complete coverage and individualized recommendations delivered peace of mind. I highly recommend them."
Lost Rental Income Protection
Secure up to 52 weeks coverage for lost rental income from non-tenant damages.
Legal Expense Coverage
Gain up to $7,500 for legal expenses like court costs, bailiff fees, and representation.
Solar Panel Coverage
If your building needs to get replaced, gain up to an additional $2,000 to upgrade to solar panels.
List of Cover Inclusions
Cause of Loss
Up To:
Accidental Loss or Damage
Sum Insured
Production of Controlled drugs
Up to 10% Building sum insured
Legal Liability
Up to $20,000,000
Production of Controlled drugs
Up to $60,000
Removal of Debris
10% of Sum Insured
Temporary repairs
Reasonable Costs to prevent further loss or damage
Authority Fees
10% of Sum Insured
Exploratory Costs
Up to $5,000
Locks and Keys
Up to $1,000
Landscaping, Trees, Plants and Shrubs
Up to $2,000
Loss of Metered Water or Gas
Up to $500
Rainwater Tank
Up to $1,500
Solar Panels Up to $2,000
Up to $2,000
Mortgage Discharge Costs
Up to $5,000
Fumigation Costs
Up to $5,000
Legal Expenses
Up to $7,500
Tax Audit Fees
Up to $5,000
Electrical Motor Burnout
10 Years
Excess
Accidental Damage by a Third Party other than your Tenant
The greater of your standard excess and $250
Accidental Damage by Tenant including Damage by Pets
$250 up to a max of two excess’s
Theft by Tenant
$250
Cyclone, Earthquake, Volcano or Tsunami
$5,000
Flood
$500
Tenant Default and Tenants Damage (if owner managed)
1 week’s rent