Whatever type of property owner you are, your premises represent a considerable investment that should be sufficiently protected. It’s a simple matter of practical asset management and as a landlord you may have a legal obligation to your tenants to guarantee insurance cover is provided on any rented property you own.
This certainly applies to buildings cover but may also apply to the contents of the property if you are letting it out furnished. Items such as kitchens appliances, carpets, curtains and lighting all need to be taken into account when taking into consideration the replacement costs of any damage.
To obtain a quote or to seek guidance from one of our insurance advisers about property owners insurance or landlords insurance please complete the enquiry form and we’ll be delighted to assist you. An adviser will get in touch with you within a working day to discuss your requirements.
Make sure you get the right policy
A standard household insurance policy will not extend to cover rented property so it’s imperative to make sure that you are dealing with a broker who specialises within the property industry and offers comprehensive cover. This way you can relax knowing that should any damage occur you are protected against the financial consequences. This in turn allows you to concentrate on more important things such as the management of your property or expanding your existing portfolio.
Why do I need landlord insurance?
It is not a legal requirement, however, standard buildings and contents policies may not provide you with the correct level of cover you need for your property. If you are buying to let a property, then you will most probably need property & landlord insurance for the extra piece of mind that your property is safe and secure. In addition to this, most mortgage lenders require you to have this insurance if it is being used for a buy to let purpose.