0208 847 8000
Our landlord insurance is a comprehensive insurance offered at extremely competitive rates. We can cover landlords buildings and contents both separately or in combination & our products are underwritten by leading UK insurers.
We provide the best available market rates and challenge you to find better rates elsewhere.
We provide quotes to the private rented sector for properties let to: professional people of independent means, students, DSS and unoccupied properties. In addition we provide comprehensive cover for UK holiday and second homes, as well as a wide selection of international distributors.
Our policy covers all the standard perils as well as providing the following cover for properties of all sizes throughout the UK.
Policy Documents by
BENEFITS OF LANDLORD INSURANCE
- Cover for houses, bungalows and flats.
- Commercial and residential combined.
- Loss of rent cover is 30% of the buildings sum insured.
- Employers Liability to £10 million.
- Property owner's liability £5,000,000.
- Contents cover up to £40,000.
- Insurance cover is 'new for old'.
- Replacement lock cover after a theft
- Standard policy excess: £250 for buildings and £100 for contents.
In addition to your Landlord Insurance, you can also include our Legal Expenses – Property Disputes insurance. This policy will cover you for:
- Legal expenses and land and property disputes.
- Advisor’s costs for evicting trespassers/squatters.
- Property boundary issues.
- Defence of prosecution relating to your let property for Gas and Safety, Furniture and Furnishings and Electrical Equipment Regulations and Identity Fraud.
This policy is available for 12 months, it will cost you £15.00 and is offered as part of your Buildings Insurance.
Discount Landlord provides comprehensive insurance at extremely competitive rates.
In order to make your the quote process as quick and as simple as possible you will need to have with you:
- The building and contents sum to be insured
- The type of property and tenants
- Any previous claims made by the insured
- The Postcode of the property you are looking to insure.
Why do I need Landlord Insurance?
If you own a property which is used for commercial reasons you will almost certainly require some form of Insurance. Any type of property is likely to be a significant capital investment and you should protect this investment with a good insurance policy which has been designed specifically for landlords. In fact, if you are looking to secure a Buy-to-Let mortgage to finance your portfolio you will find that many financial institutions will not lend to you without proof of insurance.
But why exactly do you need it? And why can you not just buy a standard home insurance policy? This is a question we find ourselves answering time after time and the answer is straight forward. A commercial property requires different cover than your own home because it faces different risks.
Landlord Building and Contents Insurance
A fire at the property, may require costly structural repairs. Look for a Landlord Building Insurance policy to cover the cost of these repairs and cover the loss of income whilst the property is uninhabitable.
The Contents Policy can be tailored to your individual requirements and will obviously be more expensive, but will provide more cover, if your property is let on a fully furnished basis. Remember, tenants may not look after your carpets, furniture and other furnishings as well as you would do and damage DOES happen. Make sure your Landlord Contents Insurance policy provides new-for-old cover so you are reimbursed financially at today’s prices.
Landlords Loss of Rental Income Insurance
Your rental property is a commercial business and should provide you with an income stream which covers all costs and clears a profit. But how would you cope financially if your property was uninhabitable for any period of time, as a result of damage caused by fire, flooding etc? Your tenants would be forced to move out and your rental income would fall to zero, having a detrimental effect on your cash flow and possibly leaving you unable to meet your monthly mortgage payments. To insure against this you should consider purchasing a good Loss of Rental Income policy, designed specifically for landlords.
Landlord Insurance Policies can be tailor made to fit your individual needs. You can organise a policy to cover your entire portfolio or draw up individual policies to cover each distinct property. No matter which policy it is that you require we can help you. Our team of trained insurance experts can help you find the policy that suits both your needs and your wallet. You can request a quote from us online, speak to us on the phone or arrange a call back at a time that suits you.
By Buildings Sum Insured we mean the Rebuild Value of the property which takes into account the costs involved in rebuilding the property including removal of debris, architects/surveyors fees & materials. This should not be confused with the Market Value of the property which is whatever a purchaser would be willing to pay for the property including the land on which it is situated at the time of sale & is in most cases higher than the rebuild value. It is important to make sure your rebuild value is sufficient as it is the most any insurer will pay in respect of loss or damage & claim payments may be reduced if a property is deemed to be underinsured whilst over insuring means you are paying too much for your policy as a lower rebuild value will generally be reflected by a lower premium.
We suggest you read carefully our policy wordings which can be found on our website to make sure you understand our terms and conditions.
Our simple online quote system consists of 4 stages:
1. Your contact details
2. Details of property to be insured
You will then receive your quote and can decide whether or not you wish to proceed.
3. Basic risk questions about you and your property
4. Details of a correspondence address
after this you can review your quote summary and buy your insurance policy- either paying monthly or annually.
Alternatively you can call our customer services team on 0208 847 8000 who will be more than happy to talk you through each step of your quote.
Multiple-property insurance is a unique type of landlord insurance specially designed for landlords who own more than one property. We can arrange multiple-property insurance at extremely competitive rates with special features and benefits as follows:
Amazing rates for multiple properties.
Multi Property Insurance allows mid-term adjustments or amendments on a pro-rata basis – add or remove properties as they are bought or sold throughout the year
One renewal date for all of your properties – making it easy for you to keep track of your policy.
One policy document for all of your properties – as a multiple property insurance policyholder you will receive a special schedule of insurance listing all of your properties and details of the insurance cover on them.
Flexible Covers includes:
- Multiple tenancy types including working professionals, DSS, students and even asylum seekers
- Unoccupied properties
- Blocks of flats, bed-sits and some guest-houses
- Residential and commercial combined properties – insure shops, offices and restaurants alongside your residential properties.
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