People in Australia rent out their houses either they are furnished or not and they get reasonable compensation for that. Though it is a fact that when people rent out their land or homes they have to be very careful when selecting or letting other use their house for a reasonable rent. Definitely, there should be a contract stating all the terms and conditions under which you give your house to the tenant.
In most cases when you as a landlord rent out your place to the tenant you may prepare certain terms and conditions so that the tenant would be obliged to follow them or pay for anything that gets damaged. But the fact is that you have to secure your belongings and your house for the sake of keeping your money safe.
In case if you don’t you are going to have to regret after getting something wrong from your tenant.
For those who rent out their homes, there is a proper landlord insurance that covers the assets you have given or in case if you are renting out a home that has many things inside and you are giving it as a furnished home you are going to have to purchase the home & contents insurance.
Such an insurance will not only protect your home but it will also include the content inside so that if anything goes wrong you will be compensated for the loss either it is for the home as a whole or if the content has been stolen or damaged in an accident.
This sort of cover assures you will be safe and your belongings will not be harmed and if they are you will get the right compensation depending on their worth at the time when they are being affected.
This is the best way to assure safety for your rented home or house with contents and the assets you have or if they get any harm you will not have an insufficient financial burden on your shoulders.