Speak directly to our team
01603 216399
Landlords – Do you need insurance?
Standard buildings and contents insurance is not sufficient for your buy-to-let property.
If you have tenants you will need landlord insurance which provides additional covers to protect you, your tenants and your assets.
Leah Mayes of Alan Boswell Group explains why leaving £200,000 of your own money with a complete stranger is not necessarily a good idea.
How our customers rate us
As ALWAYS one of the best companies I deal with as a Landlord.
Do you need insurance?
“There’s many reasons why a landlord needs insurance. I think the easiest way to put it across is…would you take £200,000 of your money, give it to a stranger (although on paper have passed references – are fabulous tenants) and ask them to look after that money? And in six months, to a years time, expect all of that money to still be there when you ask for it back?
That’s what you’re doing with your house. You’re lending it to a tenant for six months/a year and you’r trusting that person to look after that property.
Related Pages
Landlords Insurance
Flexible Landlords Insurance products from a market-leading broker. Compare quotes for your buildings, contents and liability insurance for commercial or residential properties.
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
Landlord Legal Expenses Insurance
Provides cover for your rental property, including repossession of property and other legal disputes.
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.
Tenant Referencing
Referencing of tenant(s) employment history, tenant history, identity and credit history and affordability.
Related news
Guide to the Non-Resident Landlord Scheme
The Non-Resident Landlord Scheme applies to landlords who own rented property in the UK but spend more than six months abroad. Read our guide to the scheme including what to do if it applies to you.
Is buy-to-let worth it?
Buy-to-let landlords: what are the risks and rewards of buying a rental property? If you are thinking of becoming a landlord, make sure you know what’s expected of you and how to make the most of your investment.
Landlords: A guide to DSS tenants
A DSS tenant is someone who pays their rent with housing benefit. The term DSS is still used even though the DSS no longer exists as an organisation.