The Benefits of Landlords Insurance

If you are a landlord there are a number of problems that you face from your tenants, including any accidental damages to the property and interior, losing rental income at certain fallow periods of the year, legal liabilities through misuse of property or structural damage to the building caused by your tenants.

Landlords Insurance protects you in a number of ways, and here are the benefits to finding the right type of cover for your needs and properties.

Long-Term Protection of Your Property Investment b Your property is an investment for your future and it can be a worry to hand over responsibility of the building and its contents to strangers. Landlords Insurance cover can give you that peace of mind youbre looking for.

Guarantee Your Rent b If your tenants break their rental agreement and refuse to pay rent, or you are waiting for the property to be repaired, without insurance you would not be able to guarantee the money to cover the rent for those missing months. Insurance policies can guarantee loss of rent up to an agreed amount.

Fast Repairs and Maintenance Work b Sometimes there is a need for repairs to be made on contents or structural aspects of your property. Insurance cover can ensure you can get the work done quickly, keeping tenants happy, or being able to place it back on the rental market within a fast timeframe.

Central Mortgages has a range of insurance policies to help landlords protect the investment of a property they are renting out. Call us to find out more information.