Landlords Insurance

Protecting your Buy to Let property in case of damage caused by unforeseen circumstances

Protecting Your Investment Property

Not only is buildings insurance for your buy to let investment likely to be a mandatory insurance required by your mortgage lender, it is an important policy that is used to protect your the building itself in the event of any unexpected circumstances, which might make it unsuitable for tenants to live in or could end up significantly impacting its value.

Landlords (Building) Insurance

What Type of Protection is Available?

Whilst the list is not exhaustive, some common situations that buildings insurance can provide protection in the event of include fire, flood, subsidence and vandalism. Damage to bath & kitchen fixtures is also usually included. Most insurers will allow you to enhance the cover through optional extras.

We have listed some of them below & will be happy to advise you on a policy that meets the mandatory requirements of your mortgage lender whilst giving you the peace mind that your house & its’ contents that you provided to the tenants are protected.

Structure

To cover loss or damage to your buildings caused by certain events such as fire,
storm, flood, theft, escape of water, malicious damage and vandalism.

Underground Infrastructure

To cover loss or damage
caused by accidental breakage of drains,
cables and underground pipes

Burst Water Pipe

To cover damage to the building caused by burst water pipe. Damage to batch & kitchen fixtures is usually also included.

Legal Costs & Liability

To cover sums you are legally liable to pay as the owner of your property.

Optional Extras

Enhance Your Cover. For a Greater Peace of Mind.

Here are some common add on’s that can be added to your landlords insurance to provide a more comprehensive cover.

Landlords Contents Cover

Provides protection in the event of theft or damage to furniture, fixings and appliances. This is particularly useful if you are letting the property on a furnished basis whereby you have provided items for the tenants to use for the duration of their tenancy.

Loss of Rental Income

If your property is inhabitable due to events such as flood or fire, this benefit will allow you to claim back some of the rent that is lost because of the property being unsuitable to reside in.

Legal Expenses Cover

In the event that you have a dispute with your tenant, whether it is in relation to protecting your property or the need to evict a problematic tenant, this benefit will provide financial support to enable you to pursue legal action against them.

House in Multiple Occupation (HMO) insurance

If your property is let out as an HMO then a standard landlords policy may not provide you with the cover that you require (as the risks of letting the property in this way could be higher) therefore it is important that the policy is HMO specific, otherwise, you could run the risk of the insurer not paying out in the event of a claim.

Home Emergency Cover

Covers parts and labour in the event of an unexpected breakdown of an essential service like heating, electrics, pest infestation or plumbing and drains.

Buildings Insurance & Your Mortgage

If you are purchasing a property, you will usually need to ensure that you have building cover in place at the point of exchange of contracts to provide to your mortgage lender.

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