Virgin Money landlord insurance review 

Virgin Money landlord insurance is competitively priced, but definitely isn't the most comprehensive policy on the market.

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Nicola Middlemiss

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Our verdict

Pros

  • Save 15% on your first year's premium when you buy online.
  • Cover is highly customisable, with lots of optional benefits.
  • Manage your policy online, 24/7 via the Virgin Insurance Hub.

Cons

  • There's no sum insured safeguard available despite many other brands offering it.
  • Loss of rent is only covered up to 10% of your sum insured, but QBE offers up to 20%.
  • You'll have to pay extra if you want to pay your premiums monthly.

Features

Virgin Money offers competitively-priced cover, but its policies are not as comprehensive as some other landlord insurance brands. However, landlords are able to opt in or out from many benefits, giving a greater level of customisation compared to many other brands.

Product AUFHO-LAN Tenant Default and Damage Loss of Rent Accidental Damage Sum Insured Safeguard Cooling-off Period Cheapest way to pay
Virgin Landlord Home and Contents Insurance
Virgin Landlord Insurance logo

Optional

10% of the sum insured amount of your property
21 days
Annually
Purchase a new eligible Virgin Home and Contents Insurance policy online and you'll also save 15% on your first year’s premium. T&C’s Apply.
View details
Qantas Landlord Home and Contents Insurance
Qantas Landlord Insurance logo

Optional

10% of the sum insured amount of your property
Optional
21 days
Annually
Earn up to 40,000 Qantas Points with every Qantas Landlord Insurance policy you take out by 29 January. T&Cs and exclusions apply.
Get a quoteView details
QBE Landlord Home & Contents Insurance
QBE Landlord Insurance logo
The lesser of: Up to 24 months of lost rent, or 20% of your sum insured amount
21 days
Annually
Get 10% off for buying a combined policy, plus an additional 10% in the first year for signing up online. T&Cs apply.
Get a quoteView details
Budget Direct Landlord Home & Contents Insurance
Budget Direct Landlord Insurance logo

Optional

10% of the sum insured amount of your property
Optional
21 days
Annually
Save 30% on your first year's premium when you buy a combined home and contents policy online. T&Cs apply.
Get a quoteView details
Youi Landlord Building and Contents Insurance
Youi Landlord Insurance logo

Optional

The reasonable rental amount for up to 12 months
20 days
Annually
Cover for investment property from fire, theft and numerous weather events.
Get a quoteView details
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Compare Virgin Money landlord insurance policies

Product AUFHO-LAN Tenant Default and Damage Loss of Rent Accidental Damage Sum Insured Safeguard Cooling-off Period Cheapest way to pay
Virgin Landlord Home and Contents Insurance
Virgin Landlord Insurance logo

Optional

10% of the sum insured amount of your property
21 days
Annually
Purchase a new eligible Virgin Home and Contents Insurance policy online and you'll also save 15% on your first year’s premium. T&C’s Apply.
View details
Virgin Landlord Home Insurance
Virgin Landlord Insurance logo

Optional

10% of your home sum insured
21 days
Annually
View details
Virgin Landlord Contents Insurance
Virgin Landlord Insurance logo

Optional

No
21 days
Annually
View details
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What additional cover options are available?

Virgin Money offers a broad range of add-on cover options, including:

  • Flood cover - Protection from financial loss or damage caused by flooding.
  • Tenant default - Receive payment until your building is re-tenanted or payments start again, up to 15 weeks
  • Theft and malicious damage - Cover for loss, damage or destruction caused by your tenant or their visitors.

FAQs

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Senior writer

Nicola Middlemiss is a contributing writer at Finder, with a special interest in personal finance and insurance. Formerly a business and finance journalist, Nicola has written thousands of articles helping Australians better understand insurance and grow their personal wealth. She has contributed to a wide range of publications, including Domain, the Educator, Financy, Fundraising and Philanthropy, Insurance Business, MoneyMag, Mortgage Professional, Yahoo Finance, Your Investment Property, and Wealth Professional. Nicola has a Tier 1 General Insurance (General Advice) certification and a Bachelor's degree from the University of Leeds. See full bio

Nicola's expertise
Nicola has written 239 Finder guides across topics including:
  • Personal finance
  • Personal insurance, including car, health, home, life, pet and travel insurance
  • Commercial business insurance
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