Elders Insurance and Suncorp have won this year’s Canstar national award for outstanding-value landlord insurance.

Elders won state awards in Victoria, Queensland and Tasmania, and Suncorp was on top in NSW, WA and SA. Terri Scheer won in north Queensland.

The results follow Canstar’s review of 46 products from 41 insurers.

“One of the main drivers behind Elders Insurance’s award-winning performance for landlord insurance was its competitive pricing,” Canstar Group Manager Banking and General Insurance Stephen Morfea said.

“For each state and region considered, premiums were below the market average.”