About Us

REAL Landlord Insurance NZ Ltd

New Zealand's ever-growing property management industry now has access to one of the leading landlord insurance products currently on the market.

New Zealand's first specialist Landlord Insurance Policy provider REAL Landlord Insurance NZ Ltd (formerly known as Terri Scheer Insurance Limited) opened its doors in Auckland in February, 2004.

Founded by Terri Scheer, Managing Director of Terri Scheer Insurance Brokers in Australia, the company has continued to flourish and moved to Whangarei in 2005 when Diane Nelson became the New Zealand Manager.

Diane acquired the company and ownership of the the landlord preferred policy in October 2006. This has bought about the change of name to reflect the New Zealand ownership and the move away from the Terri Scheer Brokerage.

The Landlord Preferred Policy is so comprehensive, and the reputation of the company so favourable, that for 5 years the Real Estate Institute of NZ listed REAL Landlord Insurance NZ Ltd as a preferred supplier to their members. Changes to the Real Estate legislation in New Zealand has meant a change for whom may offer the product. Be assured that at all times REAL Landlord Insurance NZ Ltd continues to strive to work with professional property managers only. 

This insurance product is tailored to meet the specific needs of New Zealand professional property managers and their investor clients.

In an increasingly volatile society it's important that property managers and landlords have all their bases covered. There are many issues landlords face – from choosing suitable tenants, through to covering any losses should a tenant damage their property.

Then there is the issue of Occupational Safety and Health where landlords must comply with all legal requirements associated with buildings, health and safety.

Even though New Zealand's Residential Tenancies Act 1986 allows for a four week bond collection, it is rare for the Landlord to exercise their full rights and the common practice is to collect only two weeks. Landlords could then easily find themselves out of pocket if they weren't adequately insured against loss of rent or damage.

With increases in mortgage rates already making it tough for investment property owners, landlords don't want to be caught out with a property that's not providing a return because the tenant has skipped out on their tenancy or the property has been damaged.