Compare Landlord Insurance Online and Save
As a property owner you are faced with many challenges when it comes to letting your property or properties. From finding the right tenants (or letting agency) to dealing with tenants queries and a multitude of other issues your time is often at a premium.
Specialist buy to let insurance insurance providers have identified a real need for low cost and affordable Landlords Insurance. And as a result of this they have secured facilities with some of the UK's leading insurers to provide:
- Extremely competitive insurance cover for property owners and landlords from the UK's leading insurers.
- Cover tailored to your exact needs so you only pay for the cover you need
- A fast, friendly and reliable service. Why not speak to providers who will talk to you in a language you understand with no jargon and no wasting your precious time.
- Providing you with protection and peace of mind. If you've worked hard over the years the last thing you'll want is to risk not having the right cover.
Whether you have residential or commercial properties or a mix of both they will search to find you the right policy. For all your property owners insurance and landlord insurance needs.
Landlord insurance covers they are able to arrange include:
- Property Owners Liability
- Employers Liability
- Landlord Building Insurance
- Landlord Contents Insurance
- Loss of rent
- Liability Property Insurance
- Tenant's Insurance
- Properties under construction
- Legal Expenses cover
- Buy to let insurance
- Landlord House Insurance
- Landlord Home Insurance
- Holiday lets
- Student lets
- Unoccupied properties
- Council lets
- Housing association lets
If you you're a landlord and you are looking for affordable landlord insurance or buy to let insurance for your properties then click on the link below for an online quotation and see how much you can save.
A Guide to Landlord Insurance
For first time landlords or those who have been in the property business for many years it is extremely important to have landlord insurance. This covers many eventualities that includes:-
- Protection against fire and theft
- Malicious or accidental damage by tenants
Many landlords rely heavily on the revenue from their let properties however it’s important to be aware that traditional home insurance simply doesn’t provide the necessary cover when you are earning an income from a property. Purchasing landlord insurance from experienced brokers can help protect your income should a tenant leave unexpectedly or refuse to pay the rent for one reason or another. Insurance is available for a single landlord property owner to landlords who have large property portfolios, it will only take you a matter of minutes to compare online quotes and to benefit from instant cover.
The main landlord insurance policy key features usually includes buildings insurance. This provides protection against damage to your let property for instance, a fire could damage your building forcing tenants to temporarily move out while you carry out repairs. You can buy cover for up to 30% of the value of the property against loss of rent due to damages. Why not choose to buy public liability landlord insurance too? This can protect you and your property against claims made due to injuries to a third party for example, if a tile was to fall off the roof and fall on a passer-by.
It’s possible to buy contents insurance too as additional landlord insurance cover, this can protect against damage sustained to your contents, such as sofas, white goods, beds, home entertainment equipment and soft furnishings. It is worth noting that contents insurance won’t cover your tenant’s possessions, you should advise them that they need to take out a policy of their own. If you own a large portfolio of buy-to-let properties, hiring staff to maintain and run them for you, you must have employer’s liability insurance which is a legal requirement in the UK. This will cover you against compensation claims by employees or former employees who may have been injured while in your employment.
Experienced brokers will assess the risk to your property which will help them provide a realistic premium. Some of the main factors concerning risk assessments are:-
- The location of your property including postcode
- The type of tenants in the property
- The buildings sum insured
- The type of property for example flat, detached, terraced, apartment
- The age of the property
- Claims history
You can request a free landlord insurance guide online from experienced brokers, this will provide you with plenty of information all about landlord insurance and what type of policy you should be looking for. Whether you’re a first time buy-to-let investor or an experienced landlord, landlord insurance guides are worth reading. They can indicate the levels of cover available and exactly what your property will be covered for.
As a landlord you have probably invested quite a considerable amount of money in your property to ensure it is an attractive proposition to any potential tenants. It would be foolhardy then not to have the necessary insurance in place to protect your investment. There are three main features to landlord insurance which are:-
- Landlord’s building insurance
- Landlord’s contents insurance
- Landlord’s liability insurance
As with other insurance products landlord insurance does come with an excess payment, brokers can advise you about this and ways to save money by paying additional premiums to reduce excess in case you need to make a claim. If you do need to make a claim rest assured brokers always act swiftly to ensure that your policy commitments are met in full. Brokers have a reputation for a hassle-free claims system as well as good customer service whether it’s for making a claim, purchasing landlord insurance or needing to make an alteration to a policy.
Imagine how costly it would be if a tenant suffered an injury as a result of a fall in your property and you didn’t have sufficient landlord insurance. You could be found liable and have to pay your tenant a considerable amount of compensation which may hit you hard financially. There’s no need to worry about such scenarios especially when established brokers can provide landlord insurance at competitive prices. You should consider specialist landlord insurance before entering into any letting agreement, it makes good business practice to plan ahead where insurance is concerned.
There is a significant difference between landlord insurance and home insurance, put simply, conventional home insurance is not designed to protect rental properties. Some landlords wrongly presume that their home insurance can also cover their rental properties, however this is certainly not the case. As a landlord you should consider taking out landlord insurance with recommended online brokers to protect your rentable property. Brokers can provide adequate landlord insurance that doesn’t just cover buildings cover, it can also offer:-
- public and property owner’s liability cover
- cover for alternative accommodation costs
- glass and locks replacement
- contents insurance
- cover for loss of rent
- cover for unoccupied properties
Reputable brokers can offer competitive quotes in a matter of minutes once you have completed an online application form, check out their in-depth online policy documents too. All key features are listed along with information regarding how to retrieve saved quotes, changing or renewing policies, proof of policies for tenants as well as saving money on landlord insurance by recommending a friend.
There are plenty of guides on landlord insurance along with how to obtain substantial discounts. Discounts can be offered by brokers to new customers, customers who renew their policies including clients who wish to buy multiple landlord insurance packages. There is no call centre queuing when contacting brokers online, they have knowledgeable UK based staff who are waiting for your call. Brokers also offer various payment options for instance, paying by direct debit on a monthly basis and a whole range of landlord insurance policies that are suitable for landlords.