Landlord insurance covers a property owner from the financial losses connected with their property which they have let out.
Predominantly, the policy will cover the building itself with the option of including the contents left within. This is different from standard Home Buildings and contents Insurance.
Most standard Home Insurance policies do not cover many of the specific contingencies required of Landlords Insurance.
There are many particular insurance covers within a Property Owners Policy such as Property Owners Liability Insurance, this is cover for the Landlord or Property Owner. This protection will cover for injury to the general Public, as part of the Landlords buildings Insurance Policy. For instance, a common claim could be where an old roofing tile comes loose in a storm and hits either a person or a third party’s property.
In such a case as this it is then the Property Owners Liability Insurance, which is part of the cover that JustQuoteMe Landlords Insurance provides, comes into its own.
Covering any property that is let to tenants
Landlord insurance policies are designed to cover properties which are let to tenants.
Such policies cover landlord fixtures and fittings as well as loss of rent which are not part of most standard domestic home insurance policies. Various terms and conditions may apply.
Our Landlords Insurance can accommodate ‘Landlords contents Insurance’ too. This is just what you need if, for instance, you provide white goods or basic furniture which you would want repayment for in the event of a total loss.
You can easily therefore mitigate your risk as a property owner and this is another option that we can professionally incorporate into the policy for you.
Rent guarantees or Landlords legal expenses are another key area that we do not forget about, we can advise what the policy actually covers in detail for you.
JustQuoteMe offers all this and much more as standard, Rent Guarantee Insurance covers you, as the Landlord, for any loss of rent subject to the tenant not paying their rent in a timely manner.
An insured peril? Get peace of mind cover!
This cover is known as an insured peril!
Should you be in the fortunate position to have a large portfolio of property then it should be abundantly apparent that this type of cover can provide real peace of mind.
Landlords legal expenses cover will provide you with protection should you find yourself involved in any legal disputes with Tenants etc. and assist both parties in, hopefully, coming to an amicable agreement that suits all involved.
Just Quote Me Landlords insurance online quotations can also accommodate Commercial landlords who rent individual units, shops, factory units or office space through multi-site lets across the UK.