Cover Rental Property with Landlord Insurance

Also known as Buy-to-let Insurance, Landlord Insurance is similar to Home Insurance but specifically designed to cover properties that are rented out to tenants. If you are renting a property, a standard home insurance policy will not cover you for a number of things, so you really need to find a good Landlord policy to protect you, your rental income and your tenants.

What does Landlord / Buy-to-let Insurance cover?

Landlord Insurance in the UK is quite clever. It is a kind of business policy that brings together a number of types of insurance so that you are covered for the wide variety of risks and liabilities that any landlord could encounter. Landlord Insurance policies (sometimes described as Buy-to-let Insurance policies) vary so, as with all insurance, always check exactly what the policy you are considering will cover. However, from UK Insurers, you could expect a Landlord policy to include things like:

• Buildings Insurance for the property you are renting
• Contents Insurance for anything that you provide – carpets, curtains, sofas or beds for example
• Landlord Liability Insurance – covers any claims against you if someone is injured or hurt because of something in the property
• Unoccupied Property Insurance – covers your property for any times when you are between tenants and the house, flat or apartment is empty.

Are there extra benefits available with UK Landlord Insurance?

Very often, you can tailor your landlord / Buy-to-let insurance to include extra cover. For example, you may want to add an element of Rent Guarantee Insurance so that you have options available if a tenant is unable to pay their rent for a period of time.

All properties come with the risk of accidents or emergencies – fires, burst pipes and floods create extra problems for landlords as you not only have to deal with the damage to your property, you also have to consider the fact that your tenant may have to move out for a while, if the home has become uninhabitable as a result of what’s happened. In a situation like this, a UK Landlord Insurance policy that covers Alternative Accommodation and Loss of Rent would be a real advantage to you.

We hope that every tenant works out wonderfully for you, but should problems arise, then added cover options could be helpful. Legal Expenses Cover would offer you financial support should you need to take your tenant to court. Malicious Damage Insurance can compensate you for any deliberate damage caused by a tenant.

Protection & Peace of Mind

Insurance isn’t always a legal requirement for every situation, but it can so often provide reassurance and security for you, your business and your family. Explore more types of insurance below – and discover easy ways to compare great quotes from UK insurance companies, thanks to our partnership with Quotezone.co.uk