Typically landlord insurance covers your property against risks such as:
Usually there are reduced levels of cover if your property or properties are:
It is also worth noting that if you have a claim you will be expected to pay the first amount of that claim - the excess. This may be £250 or more, but if your claim is for subsidence it might be as much as £1,000.
Also don't forget that when seeking a landlord quote that you look to insure for the cost of rebuilding, rather than the resale value of your property.
As with any insurance the cost of landlord cover varies according to a number of factors, such as the value of the property, its location etc. If you would like to know how much landlord's insurance would be for you, then please contact your local Coversure Office.
There are a number of things you may want to watch out for when getting and comparing landlord quotes such as:
There are a number of policy options available for landlord cover and these include:
Legal advice and representations in disputes with your tenants and, typically, a legal protection policy will also provide assistance with debt recovery.
This is just an introduction to landlord cover and is not intended to be representative of the covers or restrictions offered by any particular insurance or that all insurance provide the protection described. You can get a recommendation for a particular insurance to suit your own circumstances by talking to the skilled staff at your local Coversure office.
If you want our best price for your insurance or just want to make sure you have exactly the cover you need, it’s best to talk to your local Coversure office who will have access to our latest schemes and discounts.
Simply enter your postcode and find the contact details for your local office.