Landlord insurance is designed specifically for rental properties and covers circumstances not covered by normal household insurance. In addition to the usual perils that are covered by standard buildings and contents policies, specialist cover for buy to let properties includes protection from the sort of damage or losses that can arise if you are unfortunate enough to end up with problem tenants. If you own multiple properties you could save money using an insurer that will provide cover for all properties on a single policy.
Do I need landlord insurance?
If you own a residential property that you rent out to tenants you need landlord insurance to ensure that your investment/s are protected.
Our Landlord Buildings Insurance will cover you against all insurable risks.
Does landlord insurance differ from home insurance?
A landlord insurance policy does differ from normal household insurance. Landlord insurance is specifically created for residential investment property.
On top of buildings insurance, your landlord insurance policy will cater for aspects not found in normal home insurance such as Landlord Contents and Landlord Liability cover. As a landlord you have legal responsibilities to your tenants that are different to those of your home. By taking out landlord insurance you can be sure you are covered for these eventualities.
Does my landlord insurance cover my tenants contents?
No, you can only insure your own contents - your tenants will need to get their own contents insurance to cover their belongings. This is because the contents being insured must be directly owned by the person taking out the insurance policy.
Our insurance provider has more than 20 years experience of advising our customers on their buy to let insurance requirements and is committed to providing cover at competitive rates.
Rent Insurance is designed to cover the rent in the event of non-payment by tenants or void periods. It can provide peace of mind because it guarantees the monthly cash flow, reducing some of the risks normally associated with residential property investment.