BizCover launches Property Owners insurance to simplify cover for commercial landlords

• BizCover broadens offering with Property Owners insurance through Vero, AIG and QBE – with plans to expand in 2027.
• Eligible customers can include up to 10 properties, with up to 10 tenants at each location, under one policy.
• Through the BizCover platform, customers can provide details about their properties and tenants, compare available quotes from participating insurers and arrange their insurance all in one place.

BizCover, Australia’s number one online business insurance service, has expanded its offering with the launch of Property Owners insurance through Vero, AIG and QBE.

This product is designed for owners of commercial properties such as shops, offices and warehouses, helping them protect their investments against risks such as property damage, liability claims and loss of rental income.

BizCover CEO Michael Gottlieb said the launch represents another step in the company’s commitment to making business insurance simpler and more accessible for Australian SMEs.

“For commercial landlords, damage to a property can have consequences beyond the cost of repairs. If an insured event leaves a building unable to be rented out, the resulting loss of rental income can create additional financial pressure,” says Gottlieb.

“We listened to customer feedback, and one thing was clear: commercial property owners wanted an easier way to arrange insurance, particularly when managing multiple properties and tenants.”

One of the key features of the new offering is the ability to insure multiple commercial properties and tenants through a single policy. Eligible customers can include up to 10 properties, with up to 10 tenants at each location, simplifying the process for landlords with multiple properties.

Property owners can also select cover based on their individual needs, including

Building insurance up to your chosen sum insured, which is generally based on the property’s rebuild cost; Contents insurance for items owned by the landlord; and Loss of Rental Income cover for rental income lost following certain insured events under Business Interruption. Public Liability cover is also available with options for limits of $5 million, $10 million or $20 million, which can help protect property owners against claims arising from third-party injury or property damage associated with their premises.

Through BizCover’s online platform, customers can provide details about their properties and tenants, compare available quotes from participating insurers and arrange their insurance in one place.

Michael Gottlieb said the new offering was another example of BizCover’s commitment to simplifying insurance for Australian businesses.

“Whether you’re insuring your first commercial property or managing several buildings, we want to make it easier to find cover that suits your needs. By bringing multiple properties, tenants and insurance options together in one place, we’re helping landlords spend less time navigating insurance and more time focusing on their investments.”

Gottlieb also revealed that there were already plans to expand the offering in 2027. “This is just the beginning. We’re already looking at ways to expand the offering next year, giving more Australian businesses access to a simpler, more convenient way to arrange insurance.”

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About BizCover

BizCover is Australia’s no. 1 online business insurance service that simplifies comparing and buying cover, so small businesses can save time, money and get instant cover. In an industry dominated by big players, time-consuming processes, and poor service levels, BizCover disrupted the insurance market to level the playing field for small businesses. Today, more than 300,000 small businesses trust BizCover with their insurance.

AIG coverage in Australia is provided by AIG Australia Ltd (ABN 93 004 727 753/AFSL 381686).

QBE Insurance (Australia) Limited ABN 78 003 191 035, AFSL 239545. Read the Product Disclosure Statement before buying this insurance. Target Market Determination also available.

Vero Insurance is issued by AAI Limited ABN 48 005 297 807 trading as Vero Insurance. Read the Product Disclosure Statement before buying this insurance. Go to vero.com.au for a copy. Target Market Determination also available.