As a professional landlord, you may let a single studio flat, a block of flats, an individual house or a whole property portfolio of residential and commercial premises. Whatever the size, it is vital that you protect your investment against financial loss with a bespoke Landlords Property Insurance policy.
There are many risks associated with renting property out to tenants, as any building can be susceptible to damage from natural causes such as storm or fire damage. Property rental requires investment in time and money, which is why a Landlords Insurance policy will help to protect you.
Property Owners Liability, included as standard in most good policies, is essential for renting out properties. As a landlord, you have a legal responsibility for the safety of your tenants and those who visit the property.
If you are unable to rent your property due to a claim, for instance flood or fire damage, you will be able to claim for the subsequent loss of rent.
Suffice to say, standard home insurance won’t provide all the cover you need as a landlord. If you rent out your home to tenants, or you have at least one ‘buy to let’, make sure you’re protected against these additional risks.
Business tenants (for commercial property)
Sharers / House of Multiple Occupation (HMO’s)
Malicious Damage and Theft from tenants
Properties leased to Housing Association’s
We can offer you outstanding cover at great prices. For a full and free assessment of your Property Insurance requirements, call Townley Insurance Brokers today on (01823) 230249!