Speak directly to our team
01603 216399
HMO Insurance
HMO insurance is very different from landlords insurance. The risks involved are significantly higher and it is essential to seek expert advice.
- Comprehensive insurance covering additional risks of an HMO
- Independent advice to help you understand your legal obligations for an HMO
- Specialist insurance cover
- Competitive premiums
The Alan Boswell Group Difference
Being specialists in the property sector we understand the differing risks and legal obligations landlords face. Owning and operating an HMO bring an altogether different set or requirements to a run of the mill buy to let property. With highly skilled individuals we will guide you through the assessment of your risks and exposures when renting out an HMO.
How our customers rate us
Good value and great during a crisis
HMO Insurance in detail
Our HMO insurance covers:
- All risks Some insurers will cover 'all risks' material loss or damage to buildings and/or contents.
- Students and Housing Benefit tenants The ability to include occupation by students and Housing Benefit tenants at no extra charge.
- Costs covered Cover for costs of rehousing a tenant(s) following insured damage to the property.
- Loss of rent Loss of rent cover following insured damage to the property.
- Property Owners' Liability Property Owners' Liability cover up to £5,000,000.
- Employers' Liability Employers' Liability cover up to £10,000,000 for cleaners, gardeners, caretakers, and persons doing minor maintenance and repairs.
- 90 days' full cover Up to 90 days' full cover between lets for unoccupied properties
FAQs
-
There are varying definitions of an HMO (house of multiple occupancies) , but generally speaking, the standard definition is if there are 3 or more tenants at the property forming more than one household and there are shared facilities (bathroom, kitchen etc). A large HMO is defined if the property is at least 3 storeys high and at least 5 tenants forming more than 1 household with shared facilities. Find out more in our article on What is HMO insurance
-
More and more HMOs are coming under license and each licensing authority will have their own rules, but the main legal requirements are as follows:
- Annual gas safety checks
- Electric checks every 5 years
- Proper safety measures in place
- Ensure property is not overcrowded
- Adequate cooking and cleaning facilities
- Property is in a good state of repair
-
Yes, in some instances we can provide cover for these circumstances.
-
Yes, we are able to cover these.
-
Yes, we can provide rent guarantee for HMOs.
Get in touch
Related products
Landlord Insurance
Flexible Landlord Insurance from a market-leading broker. Compare quotes for your buildings, contents and liability insurance for commercial or residential properties.
Landlord contents insurance
Our Landlord Contents Insurance is for the properties you have left fully or part furnished and provides cover for the furnishings, fixtures and fittings.
Buy-to-let Insurance
Flexible buy-to-let insurance from a market-leading broker. Compare quotes for your buildings, contents and liability insurance.
Landlord Building Insurance
Landlord building insurance is a vital cover for your rental properties we can search the market, compare quotes and arrange your insurance so you get the best insurance available
Tenant Referencing
Referencing of tenant(s) employment history, tenant history, identity and credit history and affordability.
Specialist landlord insurance
Block of flats insurance
A comprehensive flat insurance policy tailored to your requirements will give you peace of mind, talk to one of our specialists today or get a quote online
Serviced Accommodation Insurance
We provide essential insurance with competitive premiums for landlords and property owner that run serviced accommodation properties.
Commercial landlord insurance
Commercial buildings insurance for landlords from a market-leading broker. We’ll search the market and compare quotes quote so you can choose the best insurance
Optional extras
Rent Guarantee Insurance
Provides insurance for non payment of rent in the event of a tenant defaulting as well as any landlord legal expenses cover of up to £100,000
Landlord Legal Expenses Insurance
Provides cover for your rental property, including repossession of property and other legal disputes.
Landlord Home Emergency Cover
Home Emergency Cover for your own or rental property in the event of a domestic emergency e.g. boiler breakdown, failure in utilities etc
Excess Protection Insurance
Excess protection insurance provides cover for unexpected expenses from insurance excess charges. Available from only £20 a year.
Related news
Holiday-let insurance: which one is right for you?
For those with a property portfolio or second home, have you thought about what your insurance needs may be?
Commercial landlord responsibilities
If you own a commercial property for rent, you’ll know it comes with certain responsibilities. But there’s often confusion about who is responsible for what; landlord or tenant?
Landlords Insurance – Top 10 things to look out for
Comparing insurance quotes can be hard work. Steve Cox, Business Account Manager at Alan Boswell Group, provides his top 10 tips to help you find the right landlord insurance for your buy-to-let property.