Compare landlord insurance quotes online
Whatever type of property you own, chances are you have a considerable amount of money tied up in that property. This is an investment you need to protect for a whole variety of reasons. What if there’s a fire for instance? Even if you think, “it won’t happen to me,” investing in a landlord insurance policy might save you from possibly the costliest expense of your life. Of course, there are many more benefits to buy-to-let landlord insurance. You can get cover for a comprehensive range of properties catering for all types of styles, sizes, ages, conditions and locations.
What is the difference between landlord insurance and home insurance?
Conventional home insurance is not designed to protect rental properties. Many landlords presume that their home insurance will also cover their rental activities, but this is generally not the case.
As a landlord, you should consider taking out dedicated landlord insurance to give you the protection you need. A good landlord policy doesn’t just include buildings cover. It can also offer public and property owners’ liability cover, cover for alternative accommodation costs, glass and locks replacement, and contents insurance. You may also consider taking out cover for loss of rent, that will pay out in the event that your property is unoccupied as a result of an insured event.
We are constantly exposed to television advertisement campaigns from legal claims firms, encouraging the public to make compensation claims. Compensation culture is often justified albeit highly dubious, but the fact it exists in such force is a strong argument for businessmen to take out public liability insurance.
Types of insurance for landlords
To get best value for money, you should compare the market and get a range of quotes from trusted insurers.
You can choose from these landlord covers:
Loss of rent or alternative accommodation
Find out how much you could save on insurance for your business by comparing policies.
Landlord insurance is different to normal home insurance
Normal home insurance isn’t designed for rental properties. Which means you could end up spending money putting things right if something goes wrong.
To ensure you are fully protected, it is recommended that you purchase landlord insurance.