New Zealand’s ever-growing property management industry has had 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 Ltd) was established in New Zealand in 2003. The Landlord Preferred Policy was specifically designed by Terri Scheer, in Australia, to protect the interests of landlords and their investment properties.

Since 2006 Diane Nelson, ANZIIF (Assoc) CIP, and Property Management expert, has owned the company and the Landlord Policy, after managing the company for 18 months. Diane has built on the high integrity and commitment to the property management industry that Terri Scheer initiated and with her great team beside her, ensures that all their clients needs are met.

REAL upholds a strong client relationship with our Property Management clients.This combined with the fact that our team have enjoyed careers in both property management and Insurance, provides them with a unique insight into the insurance needs of this industry.

We are 100% New Zealand Owned and Operated


WE won the 2012 Westpac Business Excellence Award

Our service strengths include:

  • We understand the business that is Property Management for Residential Investors
  • Proficient phone inquiries service
  • Personal training
  • Nationwide network
  • We don’t insure cars, boats, bikes or anything similar, we specialise only in insurances we have specifically designed for residential investment properties and tenancies….and that’s why our clients love having our products.

REAL’s Landlord Policies are so comprehensive, and the reputation of the company so highly regarded, that REAL Landlord Insurance NZ Ltd has hundreds of Approved Property Management Companies referring the Landlord Policies to their clients today, and thousands of owners insuring against their income and property losses.

The company’s philosophy is to provide quality service, support and free training to property managers so that if they encounter any trouble they can contact us for help on behalf of their clients.

The Landlord Policies are available to landlords exclusively through professional property management companies who are Approved by REAL to refer their products.

Real Landlord Insurance have chosen Tower Insurance Limited as its business partner.

Tower has a financial strength rating issued by A. M. Best Company of A- (Excellent) effective 13 March 2020.

Rating Description
A++, A+   Superior
A, A- Excellent
B++, B+  Good
B, B-  Fair
C++, C+  Marginal
C, C-  Weak
E   Under regulatory supervision
In liquidation
Rating suspended

Tower is a member of the Insurance Council of NZ and adhere to the Fair Insurance Code, which provides you with assurance that they have high standards of service to their customers.