What does landlord building insurance cover?
Landlord building insurance is designed to cover rebuild or repair costs – we can cover up to £1 million – if your property is damaged during an event like a fire or storm, or if it’s vandalised. Our policies also provide £2 million or £5 million property owners’ liability insurance options, built to support you with claims for third-party injuries or property damage.
Fire
Malicious damage
Storm or flood
Subsidence
Accidental damage
Fire
What does this cover?
partial or complete rebuild of your property, up to £1 million
When would I need to make a claim?
for example, an electrical fault causes a fire in your property, damaging the floorboards, support beams, and roof
Malicious damage
You might claim for this if someone intentionally damages your building.
What is malicious damage?
A crime where someone intentionally causes damage to the property. This could be your tenants, their guests, or an outsider, and can include damage like graffiti, arson, and smashed windows.
For example:
a vandal spray paints your building and smashes three windows in the early hours of the morning
What isn’t covered?
malicious damage is covered as standard by some insurers, but others might not cover it at all, or only when you’ve selected accidental damage cover
properties which are unoccupied for long periods may not be covered by certain insurers
Always check your policy wording carefully before you buy, to make sure you have the right cover for your property.
Storm or flood
What does this cover?
water damage caused by a storm or flood
partial or complete rebuild of your property, up to £1 million
When would I need to make a claim?
for example, a violent storm with sustained high winds causes severe damage to your property
Subsidence
What does this cover?
damage caused by movement in your property, due to subsidence
partial or complete rebuild of your property, up to £1 million
When would I need to make a claim?
for example, your property begins sinking into the ground, after prolonged rainfall. This puts strain on the building, resulting in visible cracks across walls, ceilings, and floors which will worsen with time
Accidental damage
What does this cover?
unexpected physical damage, caused suddenly to the building
partial or complete rebuild of your property, up to £1 million
When would I need to make a claim?
one of your tenants is moving belongings into the loft, but damages the ceiling below by putting too much weight on the non-boarded floor
Theft
What does this cover?
loss or damage to the building caused by theft or attempted theft
forcible and violent entry (or exit)
partial or complete rebuild of your property, up to £1 million
When would I need to make a claim for theft?
for example, thieves break into your property and cause extensive damage to the back door and its frame
What isn’t covered?
loss or damage caused by people lawfully on the premises – this may be covered instead by malicious damage insurance – or when the property is unoccupied for long periods of time
This content has been created for general information purposes. Make sure you have the right level of landlord insurance by checking your policy documentation for details. Read our full Terms and Conditions
Buildings insurance for landlords – how much does it cost?
Find out how much you’ll pay by comparing prices from a range of trusted insurers. You choose what goes into your policy, so you only pay for what you need.
Prices start from £9.53 per month
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*How we work out example prices 10% of our customers paid up to £114.35 a year for a landlord buildings cover only policy between 1st April 2023 - 30th June 2023. Equivalent to £9.53 per month based on a monthly cost when paying for the policy in one annual payment. Paying monthly is usually more expensive as you'll pay interest. Most customers pay more than this but some pay less.
Example landlord building insurance quotes, real prices
£30.63 /month
£272.3 /year
Renting out a small 1 bedroom terraced house that will be unoccupied for the first 50 days of policy
- Residential
- Terraced / End terrace house
- 1 bedroom
- 1 bathroom
- Built between 1945 and 1979
- 2-3 years
- Unoccupied
- Based in Sheffield
Landlord buildings
£100,001 to £125,000
Property owners' liability
£2,000,000
Accidental Damage
Not included
£181.97 /month
£1,617.50 /year
Renting out an entire building with multiple flats, some of which won't be occcupied from the start of the policy
- Residential
- Entire building with multiple flats converted building or house
- Built between 1980 and 1989
- Over 5 years
- Occupied
- Based in Dundee
Landlord buildings
£750,001 to £1,000,000
Property owners' liability
£5,000,000
Accidental Damage
Included
How we work out example quotes These examples are real quotes from our online system (created 29/10/2021). They’re based on a range of factors, like employees and location. Your own quote will be based on what you tell us about your property. Prices may go up or down from day to day, so the prices you’re quoted may differ to the ones you see here.
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