The Different Types of Landlord Insurance


Some landlords believe that all landlord insurance policies are pretty much the same – they protect their properties from damages caused by tenants and help if there are any legal issues. However, this is not the case. At Just Landlords, we offer a wide range of landlord insurance policies to suit our customers’ needs.

If you have ever talked to other landlords, you will probably find there are some issues you have both dealt with in the past, but, as each landlord’s property portfolio is different, many have to deal with situations that you’ve never been in. For example, most student landlords have to spend a large amount of time ensuring their properties are compliant with House in Multiple Occupation (HMO) legislation, and without adequate cover, this could become difficult.

At Just Landlords, our standard Landlord Insurance cover is extremely comprehensive, however, we also offer extras in order to protect our customers’ businesses no matter what happens. In this resource article, we look into the different types of cover available and how they can benefit your business, so read on to find the right type of cover for you.

Types of Landlord Insurance

Just Landlords has worked with hundreds of landlords over the years and, because of this, we are now experts in the ways in which certain types of cover can benefit our customers. The main types of cover we offer are:

Standard Landlord Insurance

For those that want to quickly and easily protect their properties and their businesses, Just Landlords offers Landlord Insurance that contains a number of benefits as standard. All of our customers receive up to £5,000,000 worth of cover for rental Property Owners’ Liability, which is essential in this day and age, where we constantly hear of compensation cases paying out substantial amounts of money. Once buildings cover is taken, our Landlord Insurance also provides £5,000 worth of contents cover free for carpets, curtains, blinds and white goods.

Rent Guarantee Insurance

Over the past few months, a number of landlords have become increasingly concerned over their tenants falling into rent arrears. This is due to the fact that living costs are currently extremely high, which means it’s more likely for one of your tenants to miss a rent payment. If this does happen, you could be put in an awkward position, especially if you rely on that money to pay towards the property’s mortgage. This is where Rent Guarantee Insurance can help and for as little as £125.00 per year.

Unoccupied Property Insurance

It’s often surprising the amount of landlords that have not considered what will happen if one of their properties goes through a void period. Whether you are struggling to find a tenant or your property is going through essential renovation work, you will ultimately make a loss on your property. Our Unoccupied Property Insurance protects your property while it is unoccupied and therefore more vulnerable to theft or damages. To make things even better, if a tenant does move in, you can easily amend your policy to our Landlord Insurance cover.

Overseas Property Insurance

If you have been a landlord for a number of years, you may start thinking about branching out and letting properties overseas. However, letting a property in a country different to your own comes with its own difficulties, such as not being able to perform regular inspections or be there should something go wrong. Here at Just Landlords, we can help with these issues, as our sister company Insure My Villa specialises solely in protecting properties based overseas. Your UK home insurance cover can even be added to the same policy, meaning less paperwork for you.

Find Out More

This article has looked at some of the most popular types of landlord insurance that Just Landlords provides, however, we also offer a number of other cover options to our clients, such as UK Holiday Home Insurance. If you would like to find out more, why not contact our customer helpline or get in touch via Facebook or Twitter.

Disclaimer: This article is for information only and is not official guidance, FCA approved, or legally precise. Just Landlords has used all reasonable care in compiling the information but make no warranty as to its accuracy. If you require information on landlord legislation or best practices, please contact your legal representative. For details see our conditions.

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