Westpac Landlord Insurance

Westpac New Zealand is a prominent business and employer, making a significant impact on the lives of over 1.5 million individuals, 5,000 employees, and communities nationwide.

Navigating the past and shaping the future

With a history dating back to 1861, when their first customer emerged from the Otago goldfields, Westpac has grown alongside the nation, earning the trust of more than 1.5 million Kiwis as their insurance partner. Their commitment lies in supporting financial security and fostering prosperity in the places they call home.

With decades of experience and expertise, they understand the unique challenges faced by landlords and property owners. They have a proven track record of providing reliable insurance solutions that offer financial protection and support.

As a responsible organisation, they strive to empower individuals to achieve financial security while actively engaging in sustainable business practices for the overall well-being of their customers.

Tailoring coverage options to meet your specific needs, whether residential or commercial properties, Westpac Landlord insurance stands as a trusted choice for securing your investments and providing peace of mind for the future.

Specifically crafted solutions for your unique insurance needs

Westpac Landlord Insurance offers all-inclusive coverage for property owners in New Zealand. With a focus on protecting your investment and providing you with reassurance, their insurance policies are designed to preserve your rental properties against a range of risks. Whether you own residential or commercial properties, their solutions are tailored to meet your specific needs.

Coverage highlights: wide range of options, including:

• Coverage for damage to your property caused by events such as fire, storms, vandalism, and more.
• Reimbursement for repair or replacement costs, up to the policy limits.
• Coverage for loss of rental income due to unforeseen circumstances, such as tenant default or property damage.
• Compensation for the rental income you would have received during the repair or rebuilding period.
• Legal liability: Protection against legal claims for injury or property damage that occur on your rental property.
• Coverage for legal defence costs and potential compensation to third parties.
• Additional benefits: Optional add-on coverages, such as landlord's contents insurance and rent default protection.
• Flexible policy options to customise coverage based on your specific requirements

Westpack provides a powerful suite of services that exceed expectations. Amplify your investment protection and shield yourself from potential liabilities. 

Fortress protection:

• Damage defender: Fortify your property against fire, storms, vandalism, and unexpected mishaps. They'll cover the repair or replacement costs to restore your property to its former glory.
• All-inclusive armour: Comprehensive coverage for your building structure and valuable contents within. Rest assured that both your property and the items you provide for your tenants are protected.
• Accidental protection: Shield your property from damage caused by tenants or unforeseen circumstances. Whether it's a broken window or accidental spillage.

Cash flow confidence:

• Rent shield: Robust coverage for rental income loss from tenant default or property damage. Reimbursement for the income you would have earned during repairs.
• Rental arrears: Unwavering protection against unpaid rent. Coverage for lost rental income if tenants fail to make payments.
• Temporary oasis: Safety net for alternative accommodation costs when property is uninhabitable. Assistance with temporary housing expenses during repairs.

Liability guardian:

• Legal stronghold: Preserve your rental property from legal claims regarding injury or property damage. Managing legal defence expenses and potential compensation to third parties.
• Damage controller: Protecting against tenant-inflicted damage that exceeds normal wear and tear or accidental harm to property, covering the costs of repairs.
• Landlord's blanket: Unyielding protection against claims arising from negligence or insufficient property maintenance. Assists you in managing legal claims associated with your role as a landlord. 

Claims superheroes:

• Accelerated claims: Their swift claims process guarantees timely assistance during critical moments. They prioritise making the claims procedure seamless and efficient.
• Prompt resolution: Minimising interruptions to your rental income. Recognising the significance of timely settlements, they strive to resolve claims promptly.
• Seasoned champions: Skilled experts offering guidance and support throughout the claims process. A dedicated team committed to assisting you at every stage.