Australia’s Rent.com.au Partners with Chubb to Offer Rent Contents Insurance

Australia's Rent.com.au Partners with Chubb to Offer Rent Contents InsuranceUp-and-coming real estate website Rent.com.au has signed an agreement with global insurer Chubb to bring home contents insurance to renters.

Source: Source: Finance News Network | Published on February 7, 2018

a young couple unpack their belongings as they settle into their new loft apartment . The young man in the foreground is unpacking books whilst his female partner is in the background unpacking kitchen items. The loft apartment is open plan .All around them are moving boxes and furniture still to unpack .

The product, called Renter Cover, will be available in first-quarter 2018.

The company's CEO Greg Bader says its own research discovered that while 30 per cent of Australians rent, only 45% of renters have their contents insured.

He added that in the younger rental market aged 18-39, only 73 per cent have home contents insurance.

The company's CEO Greg Bader says that Renter Cover combine's the website's knowledge of the rental market with Chubb's insurance expertise.