20 July 2017
Elders Insurance has been recognised for its market-leading landlord insurance product, after being awarded Canstar’s 2017 Outstanding Value - Landlord Insurance accolade at an official ceremony yesterday.
It was named the winner of the award based on competitive pricing and stand-out product features, after an intensive process that saw Canstar researchers rate the value of 46 landlord insurance policies from 41 providers across the country.
Elders Insurance General Manager, Andrew Corbett said the award was acknowledgment of the team’s customer focus and its landlord insurance product provided critical protection for Australian property investors.
“Our continual efforts to truly understand our customers and their needs translates into tangible value, and this award is testament to that approach.
“Approximately 2 million Australians own at least one investment property – so quality cover that delivers valuefor-money and provides the right level of protection for their assets is a necessity and we are proud to deliver that to our customers.
“We’re thrilled to receive recognition from a respected and independent body like Canstar and we’ll continue to work hard to bring our customers value and the best possible experience across all of our product lines.”
Canstar Group Manager Stephen Morfea, Banking and General Insurance, said competitive pricing was a key driver behind the win and Elders Insurance provided a notable feature offering to its customers.
“One of the main drivers behind Elders Insurance’s award-winning performance for landlord insurance was its competitive pricing; for each state and region considered, premiums were below the market average.”
“Elders Insurance also has a very strong feature offering for both units and houses in the states and regions considered.
“This comprises of a competitive array of policy inclusions and features, such as cover for storm with some exclusions, as well as cover for flash flooding as a result of heavy rain, theft caused by tenants and optional cover for rent default by tenants.
“Elders Insurance landlord insurance policy holders can also contact their local agent at any time in an emergency, have the ability to pay monthly at no extra cost and are also given a no claim bonus discount.
“These features and benefits offer outstanding value and peace of mind to consumers.”
Elders Insurance also took home the state based awards in Victoria, Queensland and Tasmania and was acknowledged for high performance in New South Wales, Western Australia, South Australia, and North Queensland.
About Elders Insurance:
Elders Insurance is operates in regional and rural Australia cross more than 150 communities. Its product range includes farm insurance, business insurance, home and motor insurance, as well as landlord insurance.
Elders Insurance (Underwriting Agency) Pty Limited ABN 56 138 879 026 AFS Licence 340965 is the issuer of insurance products. Elders Insurance is underwritten by QBE Insurance (Australia) Limited ABN 78 003 191035 AFSL 239545.
Canstar provides to consumers and businesses financial comparisons for almost 30,000 products from over 300 financial brands across more than 30 finance categories including banking, insurance and superannuation.
The Canstar Star Ratings draws on expert researchers to analyse a wide range of products to help consumers confidently find the right product for them.
For further information please contact:
External Communications Specialist - QBE Corporate Communications
Phone: 61 435 961 431
Head Office: Level 5, 2 Park St, Sydney NSW 2000 Australia
PO Box 82, GPO Sydney NSW 2001 Australia
telephone 61 2 9375 4444 facsimile 61 2 9231 6104