Are you a Landlord? Looking for the best insurance?

Landlord insurance provides cover for your property - both the building itself and
any furnishings you have provided. It can also protect your rental income and
cover your liabilities if your tenants are injured on your property and you are
deemed to be at fault.

Landlord insurance is a specialist policy that provides more cover than normal
home insurance. Indeed, standard home insurance might be invalidated if your
property is let to tenants. Additionally, if you are taking out a buy-to-let mortgage
your lender might require you to have landlord insurance in order to qualify for
the loan.

In addition to general risks such as fire and storm damage to the building, the best
landlord insurance policies offer extras that cover:

Accidental damage – if your tenants damage your property unintentionally.
Malicious damage – if your tenants intentionally damage your property.
Employer’s liability – if you employ people in your property who then become
injured because of your negligence.
Property owner’s liability – if you are deemed liable for damage or injury suffered
by third parties arising from your ownership of the property.
Unoccupied property cover – if you have no tenants for a period of time and
therefore aren’t getting rental income.
The cost of landlord insurance depends on several factors, some of which won’t
be under your control – such as your tenant’s employment status or the location
of your property.
If your property is in good repair this may reduce your likelihood of claiming, and
therefore could mean you pay lower premiums.