Residential Real Estate

Whether you manage residential properties or run a real estate agency, having the right insurance is critical to protecting your business and reputation.

Austcover has been supporting property managers with their insurance needs for over 30 years. We understand the complexities of the market and the unique risks that come with managing residential properties or running a real estate business.

CONTACT

Glen Ryan LinkedIn

Head of Portfolio

Mobile: 0412 672 143

Contact Glen Ryan

Vanessa Jennings LinkedIn

Head of Portfolio

Mobile: 0411 312 832

Contact Vanessa Jennings

Understanding the risks in residential property management and real estate

The real estate industry faces diverse challenges that require specialised insurance coverage. Key risks include:

Professional Indemnity

Errors or omissions during property transactions or management can lead to costly legal claims.

Cyber threats

With an increase in cyber-attacks targeting sensitive client data, real estate businesses face growing exposures and an increased need to have a thorough cyber-attack response plan in place.

Public Liability

Property viewings, open homes, and office operations create exposure to third-party injury or property damage claims.

Property damage risks

Fire, theft, or malicious damage can significantly impact your operations or property management responsibilities.

Management Liability

Directors and officers may face personal and business risks from allegations of wrongful acts or regulatory breaches.

Tailored insurance solutions for residential property and real estate agents

Austcover help you find the right insurance program to address the specific risks faced by property managers and real estate professionals. Our solutions can include:

Professional Indemnity insurance

Essential for real estate agents, property managers, and agencies
Coverage for claims of professional negligence or errors during transactions
Defence costs and compensation

Cyber insurance

Protection against cyber-attacks, including identity theft and trust account fraud
Coverage for financial loss due to cybercrime

Public Liability insurance

Coverage for third-party injury or property damage claims
Essential for client interactions, property inspections, and open homes

Management Liability insurance

Protection for directors and officers against claims of wrongful acts
Coverage for employment practices liability, regulatory investigations, and more

Business insurance

Coverage for fire, theft, accidental damage, and malicious damage of office premises
Business Interruption insurance to safeguard revenue during recovery periods

Why use an insurance broker?

Insurance can be a complex process, navigating through the various products, covers available, exclusions and confusing terminology. Having an experienced insurance broker on your side means you have a qualified professional who acts on your behalf, not for the insurer, ensuring your specific needs are assessed and you get the insurance program that works for you.

Why partner with Austcover?

Trusted expertise

With a track record of success since 1987, we’ve earned the trust of real estate agents and property managers across Australia.

Tailored risk management and insurance

Every business has unique challenges, we work closely with you to create bespoke programs to meet your specific needs.

National reach

Our broking teams based in Brisbane, Melbourne and the Gold Coast support clients and businesses across Australia.

Proactive Approach

For us it’s not just about an insurance policy, we work with you to find ways to mitigate your risks, providing a safe and secure future for your business.