Private Sector Leasing Insurance

Private Sector Leasing Insurance

Designed for landlords renting to local authorities, offering protection against tenant-related risks and property damage.

  • Sub-letting is authorised
  • No tenant referencing required

The operation of a private sector leasing (PSL) scheme is an effective way to expand housing stock to cope with demand. Many local authorities and housing associations now run successful schemes and they are being supported by growing numbers of landlords who recognise the benefits.

A landlord joining such a scheme will have to confirm they have appropriate landlords insurance in place. However, in many instances, their existing insurance policy will not cover properties in a PSL arrangement.

The Alan Boswell Group Difference

Alan Boswell Group is one of the country’s leading suppliers of landlord building insurance. Having worked with landlords for more than 40 years, we understand the buy-to-let sector and the challenges landlords face. Our experience and credibility within the industry means that we have been able to develop unique propositions, harnessing our buying power and expertise. It’s from this standing that we are able to deliver first-class independent advice, tailoring insurance products to your individual circumstances.

Private sector leasing insurance expert from Alan Boswell Group

How our customers rate us

Excellent advice in understanding my requirements. I have no hesitation in recommending. Keep up the good work!

Mr & Mrs Slater - Specialist Property Insurance

Private sector leasing in detail

Notifying your insurer

Many insurance companies will refuse to cover a property that is part of a PSL scheme. Their underwriting is often based on an Assured Shorthold Tenancy (AST) being in force, all tenants being successfully referenced and strictly no sub-letting. When joining a scheme it is the landlord’s responsibility to declare this fact to their insurer, failure to do so can invalidate any claim.

About us

Alan Boswell Insurance Brokers has an enviable presence in the residential sector and was named “Insurance Broker of the Year” in the Finance Monthly Awards 2022 and 2023.  Our landlord’s team has also been awarded "Best Landlord Insurance Provider" in the LIS awards for six years.

We’ve arranged competitive insurance cover for UK landlords, landlord associations, and tenants for more than 40 years and look after £7.5 billion of assets in the commercial and residential property sector, currently arranging cover for more than 70,000 properties.

Alan Boswell Group is a respected Independent Chartered Insurance Broker and leading Independent Financial Planner employing over 400 professionals across seven UK locations.

Working with Alan Boswell Group

We fully understand that a local authority or housing association cannot be seen to support or promote Alan Boswell Group. We appreciate that you must be impartial and no individual product or service can be endorsed. Other organisations we work with will make reference to our insurance offering and provide a contact phone number while also suggesting there are other insurers/insurance brokers who may be able to help.

We are passionate about private sector leasing and are committed to ensuring that landlords have the correct insurance policy in force. Failure to take out the right type of policy would invalidate a claim and could tarnish the reputation of private sector leasing.

FAQs