Landlord Insurance

Lettings insurance is a type of insurance policy that is specifically designed for landlords. It provides cover for the building, contents, and any legal liabilities that may arise during renting out your property.

Contents insurance is a type of insurance policy that provides cover for the contents of your property. This is particularly important if your property is part or fully furnished.

If you let a furnished property, your buildings insurance will not cover the contents you provide. Furniture, white goods, carpets, and curtains all need to be covered separately, and without the right policy in place you would need to replace them out of your own pocket if they were damaged, destroyed, or stolen.

Landlord contents insurance covers the items you supply against risks including fire, flood, theft, and accidental damage. It is worth noting that this is entirely separate from your tenants’ own contents insurance, which covers their personal belongings. Your tenants are responsible for arranging their own cover for anything they bring into the property.

The right level of cover depends on what you have in the property and its value. We will help you find a suitable policy and make sure it is kept up to date as tenancies change.

Landlord insurance protects you against the financial risks that come with renting out a property – risks your standard buildings insurance won’t cover.

A comprehensive policy typically includes buildings cover, loss of rent (if the property becomes uninhabitable following an insured event such as a flood or fire), and liability cover if a tenant or visitor is injured on your property and holds you responsible. You can also add contents cover for any furnishings you provide, legal expenses cover, and rent guarantee insurance in case a tenant stops paying.

Without the right cover in place, a single incident – a burst pipe, a disputed liability claim, or a tenant defaulting on rent – can quickly become a serious financial problem.

We’ll help you find a policy that fits your property and circumstances, and make sure it stays up to date as things change – whether that’s a new tenancy, a void period, or a change in how the property is used.

Rent Guarantee – Rent guarantee insurance pays your rental income if a tenant defaults on payments. It typically covers legal costs to pursue the tenant or carry out an eviction, and continues paying rent during any void period that follows.

Alternative Accommodation or loss of rent – If the property is made uninhabitable by an insured event, such as a flood or fire, this cover pays your lost rental income while repairs are carried out, and may also cover the cost of temporary alternative accommodation for your tenants.

Contents Insurance – If your property is furnished or part-furnished, contents insurance covers the items you supply – furniture, white goods, carpets, and curtains –  against damage, theft, or loss.