Landlords Building Insurance
If you own and rent out a property, this will cover the cost of repairing or rebuilding it should it get damaged.
Landlords Contents Insurance
If you own and rent out a property (either furnished or semi-furnished) this will cover items within it if they get damaged by tenants.
What you need to know
Your mortgage provider will insist that you have Landlords Buildings Insurance and it is recommended that you take out Landlords Contents Insurance too. There is also optional cover which you have to pay extra for, but can be very useful. These include:
- Tenant Default – to cover you if your tenants don’t pay their rent
- Loss of Rent – to cover if your property becomes uninhabitable
- Emergency Assistance – to cover the cost of getting tradespeople out to fix burst pipes or broken boilers
- Legal Expenses – if you have to take your tenants to court
Cheap Insurance isn’t always the best insurance
Your property is an investment and while it may be tempting to opt for comparison websites offering the cheapest insurance, you may find you’re not always covered for what you expect. This can be hard to know especially when dealing with small print and terminology.
Why do I need Landlords Insurance?
- Standard home insurance doesn’t usually cover property that is rented out
- Landlords face many different risks such as the building potentially being unoccupied
- Specialist landlords insurance may also cover unexpected risks such malicious damage by tenants
Broadbench offers a simple solution to help you get the best Landlords Contents and Buildings Insurance quotes:
- We’ll understand what you need to be covered for and how much you can afford a month
- We’ll find a policy to suit your budget and your needs
- We’ll look at all the small print to ensure you’re covered for what you want
- If you’re happy, we’ll do all the paperwork for you
Why choose Broadbench for Landlords Buildings and Contents?
- We offer a free impartial service tailored to your needs
- We have access to a wide range of mainstream and specialist providers
- We’ll review your policy if your circumstances change to ensure you’re correctly covered
Ok, how does it work?
Speak to an expert for free professional advice:
01202 677555
