Landlord insurance

Property is an important investment, protect yours today

    • Repair or rebuild your property following a loss with buildings insurance
    • Protect up to 10 properties on one policy and one account space
    • Help to re-house your tenants if your property is unliveable due to damage and there is no other insurer involved
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What is landlord insurance?

Landlord insurance protects your property in case something happens to your property. This could be damage caused by your tenants, storm damage, theft and more. Proper checks on any prospective tenants can and precautions against the weather can help, but even then, things can still go wrong. That’s where landlord insurance comes in – to have your back when they do.

What does landlord insurance cover?

Landlord insurance will always include buildings insurance as standard to cover any potential damage to the structure of your property caused circumstances such as fire, flood, or storms. It will also help with the costs associated with repairs.

Property owners’ liability cover is also included as standard and protects you against third-party claims – for example, if someone injures themselves on your property.

Subsidence cover to cover land shifts under your property can cause considerable structural damage, but with this cover (which is a requirement of some mortgages).

You’ll also be covered for:

  • Cover to re-house your tenants in alternative accommodation - if your property can’t be accessed or lived in due to damage, and your tenants don’t already have this cover under their own insurance, we’ll look to re-house them in the event of a valid claim.
  • Cables and underground pipes cover - we’ll pay you for the costs incurred following damage to pipes or cables, including essential utilities such as electricity, gas, and water. Please note: you policy can be extended to include trace and access to find the fault.

Contents cover is another important part of any landlord insurance policy as this covers any fixtures and fittings that might be covered over the course of a tenancy.

What doesn’t landlord insurance cover?

There are certain things that landlord insurance doesn’t cover as standard. Here are a few of the most common.

Common wear and tear

Wear and tear happens to all things, so if the damage to your property is a result of the natural aging of the building or standard use of the property then you won’t be covered for those type of repairs.

Please note: It is the landlord’s responsibility to maintain the property and to cover the cost of any necessary repairs. Your insurance will only cover repairs following an insurance event such as an extreme weather event or a break in, for example.

Loss of rental income

If your property becomes uninhabitable, due to an event such as a fire or flood, then standard landlord insurance won’t cover you for the rental income you’ll lose.

This is an optional extra you can add to your policy. So, make sure you choose this cover when you’re going through your quote.

Please note: Loss of rental income and rent guarantee are not the same thing. We don’t currently cover rent guarantee.

Your tenant’s contents

Your landlord’s insurance will only cover your contents that are supplied to a tenant – such as furniture and appliances – but it doesn’t cover a tenant’s personal contents once they move into your property.

If a tenant requires cover for their own items, they will need to purchase renters and tenants insurance.

Unoccupied buildings (over 45 days)

Landlords must let us know if their property becomes unoccupied. Once your property becomes unoccupied you’ll have 45 days full cover, after which your cover will be reduced and an unoccupancy condition applied.