Landlords Insurance

We’ve all seen how quickly fires, floods, and water leaks can damage properties. It’s rare, however, that we consider how long it might take to repair a building. This can be a costly process, especially if a third-party vehicle is involved or if a neighbour’s tree has fallen and damaged your property.

Sometimes, it’s not the obvious accidents that damage a property, and the cause may not be as immediate as lightning strikes or storm damage. Events like subsidence impact many properties and can, unfortunately, lead to a complete rebuild.

Building insurance is there to help you financially with the repair or replacement of your property. With so many events outside of your control building insurance is here to give you some control over your financial investment.

Contents insurance for landlords is an optonal but valuable addition to a landlord insurance policy. It protects items owned by the landlord inside a rental property, such as furniture, appliances, carpets and other furnishings provided for tenants. Unlike building insurance, which covers the structure itself, contents insurance ensures that landlords are financially protected against damage or theft of the items they own within the property.

Accidental damage coverage, which can protect against incidents like a tenant accidentally staining a carpet or breaking a piece of furniture is not normally included. If you feel this cover is essential to you then please add this onto the policy or speak to our experts to get the correct cover.

This protects you if someone makes a claim against you for injury or property damage that happens because of your property. It covers your legal liability as the property owner.

When could this happen? Trees that are not maintained, can cause branches to fall and damage cars, harm passers-by, or impact neighbouring properties. Uneven flooring, loose carpets, poor lighting on stairs or paths can lead to injury of tenants or visitors. Finally, faulty gas appliances or poor ventilation can lead to gas leaks or carbon monoxide poisoning, which can harm anyone on the property.

Loss of rent cover in the UK compensates property owners if rental income is lost due to an insured event, such as fire, flood, or severe damage, rendering the property uninhabitable.

You may be financially supported to cover the loss of rent or costs of having to arrange altenative accommadation for your tennants. This support can be essential for landlords relying on rental income to meet mortgage payments and other expenses, offering peace of mind and financial stability during unexpected disruptions.