Landlord Insurance Terms & Conditions

Updated on: 14 September 2021

You agree to the following terms and conditions in purchasing Landlord Insurance through :Different.

For Landlord Contents Insurance, you agree to pay the current annual policy cost of $349.50 (incl GST, fees, brokerage and commissions). You agree that the annual policy cost may change upon renewal.

For Landlord Building Insurance, if you asked us to provide you a quote, you agree and authorise us to obtain and provide you with an annual quote specific to your property.

You agree that should you, or we, terminate your management after we receive instructions to purchase the policy on your behalf, that you are responsible for the full payment of any policy cost or cancellation of the policy.

You agree that should you, or we, terminate your management after the policy start date, that the full management of the policy transfers to you from the management termination date. You agree that any policy changes, amendments, claims, or refunds are your responsibility.

You agree that your policy and renewals (where relevant) may take up to 5 business days to issue. You agree that the issuance (start) date of your landlord insurance policy will be from your management start date with us, as determined by us.

You agree that on the annual expiry date of any policy, you authorise us to renew on your behalf and paid for by you, the same or a reasonably equivalent policy at the prevailing market price for that policy, plus any fees, brokerage and commissions. Should you not require us to renew your policy, you must notify us in writing (via email to hello@different.com.au) at least 30 days before the expiry date of your policy.

You confirm that you have read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) Statement and understand and accept the relevant inclusions and exclusions related to the policy.

Different Technologies Pty Ltd ABN 58 615 060 118 (Different) has been appointed as a distributor of Insurance Australia Limited trading as ShareCover Enterprises ABN 11 000 016 722, AFSL 227681 (ShareCover). If you take out a Buildings insurance product through Different, ShareCover will pay Different a commission of 10% to 17.5% of the premium (exclusive of government charges). The commission will also be paid on Buildings and Contents insurance renewals. The commissions paid to ShareCover are included as part of your premium. If you have a complaint about your insurance product ShareCover has an internal dispute resolution process. For any complaints please contact ShareCover at www.sharecover.com and 2/201 Sussex St, SYDNEY NSW 2000. When making decisions about insurance, consider the Product Disclosure Statement and Target Market Determination at Proactive Property Management For A Transparent Fixed Fee | :Different.

You agree that Different Technologies Pty Ltd will not be held responsible for any loss or damage, financial or otherwise, if the insurer denies issuance of a policy for you or your property, or a claim in relation to your insured property, or we are unable to acquire a policy on your behalf for any reason.

You agree that you (the Owner of the property being insured), at no time in the past 5 years:

  • Had home building or contents insurance declined, refused to be renewed, cancelled or had an insurance claim refused;
  • Been convicted of a criminal offence involving fraud or dishonesty; theft or robbery; arson; damage or threatened property damage; injury or threatened injury to any person; or drugs;
  • Had 3 or more claims under a landlord or home and contents insurance policy?

You confirm that your property is not located in any of the exclusion postcodes below. Any property located in these postcodes are not available for insurance through our insurance policy:

NSW/ACT: 2390, 2406, 2440, 2462, 2463, 2465, 2471, 2472, 2484, 2490, 2706, 2731, 2756, 2775, 2805, 2806

VIC: 3277, 3341, 3441, 3621, 3629, 3778, 3785, 3788, 3789, 3832, 3833

QLD: 4106, 4388, 4407, 4411, 4470, 4474, 4488, 4489, 4700, 4704, 4719, 4740, 4750, 4805, 4810, 4818, 4819, 4858, 4859, 4860, 4878, 4879

WA: 6182, 6528, 6707, 6710, 6712, 6713, 6714, 6716, 6718, 6720, 6721, 6722, 6725, 6726, 6758

SA: 5320, 5346, 5357

TAS: 7012

NT: 0854