Landlord building insurance
In case disaster hits and your property gets damaged.
What’s typically covered by buildings insurance for landlords?
damage to your property caused by incidents like fire, lightning, explosion, malicious damage and escape of water
For example:
a frozen pipe thaws and bursts causing water to leak and damage the inside of your property
a fire causes extensive damage to your property
What you’ll need additional cover for
accidental damage to the property caused by your tenants – you’ll need to add our specific accidental damage cover for this
Read more about buildings insurance for landlords
Landlords contents insurance
In case disaster hits and your contents get damaged.
What's typically covered by landlords contents insurance?
damage to your contents caused by incidents like fire, lightning, explosion, malicious damage and escape of water
contents include things like your appliances, furniture and household goods
For example:
your tenant (or their guests) cause deliberate damage to a sofa that belongs to you
a burst pipe causes water to leak and damage your kitchen appliances
What you’ll need additional cover for
accidental damage to the property caused by your tenants – you’ll need to add our specific accidental damage cover for this
Read more about landlords contents insurance
Accidental damage insurance
In case your tenant or their guests accidentally damage your property.
What's typically covered by accidental damage insurance?
Claims against your business for:
unexpected physical damage to your property or contents, caused by your tenants or their visitors
For example:
during a party, someone spills red wine on the sofa you’ve bought for the property
your tenant’s child throws a toy, breaking a light fitting and damaging the TV you’ve installed
Read more about accidental damage insurance
Tenant default insurance
In case your tenants don’t keep up their rental payments.
What's typically covered by tenant default insurance?
up to £50,000 rental indemnity across a 12 month rental payment period, if you have to evict your tenants for not paying rent
For example:
your tenant falls behind in their rent and misses four months of payments. You’ve tried to negotiate part payment, but the tenant has stopped answering your calls, so you decide to serve notice
Read more about tenant default insurance
Property owners’ liability insurance
In case you’re legally responsible for injuries or property damage, as owner of the building.
What's typically covered by property owners’ liability insurance?
legal liability for injuries, accidental loss or damage, as the owner of the property
For example:
your tenant trips on a loosely fitted carpet, falling down the stairs and breaking their arm and ankle
Read more about landlord liability insurance
Landlord home emergency cover
In case the boiler fails, or there’s a plumbing or electrical emergency.
What's typically covered by landlord home emergency cover?
emergency boiler repairs and replacements, up to £500
plumbing, drainage and electrical emergencies
For example:
a burst pipe floods your kitchen, making it inaccessible for your tenants
the heating in your property fails, and your tenant is left without hot water
What you’ll need additional cover for
annual boiler servicing – you’ll need specific boiler cover for this
Read more about landlord home emergency cover
Landlord legal expenses insurance
In case you’re faced with legal costs as the property’s landlord.
What's typically covered by landlord legal expenses insurance?
repossession – covering your legal costs when trying to regain possession of the property, and appointing a solicitor for you
property damage – covering your legal costs if over £1,000 of damage is made to your property, and appointing a solicitor for you
tenant eviction – covering the legal costs of evicting your tenants (if you choose to add our specific tenant default insurance, this can pick up the rental payments they owe you)
rent recovery – covering your legal costs when recovering rent you’re owed, if it’s late by one calendar month
tax protection and contractual disputes – representing and negotiating for you, if a full enquiry is made into your personal tax affairs, or during a contractual dispute over goods and services
For example:
following late payments and damage, you need to repossess your property. They’re refusing to leave, so you seek legal advice
you’ve inspected your property and found considerable damage – doors have been removed or damaged and kitchen units broken beyond repair. You’d like your tenant to leave the property and pay for the damage, but they argue they’d reported the damage and still have six months left on their contract
Read more about landlord legal expenses insurance
Commercial landlords’ contents insurance
In case your contents are vandalised, or damaged in an emergency, like a fire.
What's typically covered by commercial landlords’ contents insurance?
damage to your contents caused by incidents like fire, lightning, explosion, escape of water or malicious damage
contents include things like the appliances, furniture and equipment you’ve supplied to your tenant
For example:
a burst pipe in the kitchen at your property causes damage to some furniture and appliances you’ve provided
a fire in your customer’s shop destroys the appliances and furniture you’ve supplied
What you’ll need additional cover for
accidental damage to the property caused by your tenants – you’ll need to add our specific accidental damage cover for this
Read more about landlords contents insurance
Commercial landlords’ improvements insurance
In case you make structural changes to your property.
What's typically covered by commercial landlords’ improvements insurance?
changes to the structure of your property, like partition walls or wooden flooring (things you’d leave behind if you sold the property)
For example:
a flood damages wooden flooring you’ve just installed, and you need to repair or replace it
Rental income protection insurance
In case damage to the property stops your tenants trading, and paying rent.
What's typically covered by rental income protection insurance?
damage to the property which prevents your tenants from trading, and being able to pay the rent
For example:
a fire damages the kitchen on your commercial property, closing your tenant’s business and stopping them from paying rent
What you’ll need additional cover for
your tenants defaulting on the rent for any other reason – you’ll need to add our specific tenant default cover for this
Read more about rental income protection
