What is Landlord’s Insurance?

If you are a landlord there are many things that could go wrong with your property that you have the responsibility to pay for. It is important that you have the right financial protection in place and that is where Landlord’s Insurance comes into play. At Central Mortgages we can provide you with the perfect Landlord’s Insurance to suit your specific needs.

A thorough policy for Landlord’s Insurance will cover a whole host of potential problems, including accidental damage cover, protection against loss of rent, and buildings insurance. Although it is not compulsory to have Landlord’s Insurance, with such comprehensive cover it would be folly not to have it in some form.

Landlord’s Building Insurance – This protects the actual bricks and mortar of your property, covering the rebuilding costs in the event of a fire or flood, as well as potentially any outbuildings on the land.

Landlords’ Contents Insurance – If you rent out a property fully furnished or part-furnished this covers you from accidental damage, damage, or theft.

Landlords’ Liability Insurance – This can be added as an extra and covers against the potential threat of legal action brought against you by tenants due to injury or a fatality occurring at the property.

Loss of Rent Insurance – Every rental property will have periods where it is vacant and it is important that as a landlord you are fully prepared for those fallow periods. This cover is intended on helping you out should the property become uninhabitable for any period of time.

For more information about Landlord’s Insurance contact the Central Mortgages team on 01277 630 183 or office@centralmortgages.net.