Insurance for Landlords

Landlords insurance is a policy to cover a property owner from financial losses connected with their property which they let out. Mainly a landlord insurance policy will cover the building itself with the option of including the contents left within.

Rent Guarantee

Rent guarantee is a form of insurance where for a relatively small annual fee, landlords can protect a lot of rent. Normally Landlord Rent Guarantee Insurance is combined with Legal Assistance Insurance whereby the landlord's legal costs of recovering rent and/or evicting a non-paying tenant are covered.

Generally the insurance pay out only kicks in after one month. It is usually a condition of such policies that the landlord ensures that their tenants are professionally credit checked before handing over the keys.

It is a very useful form of insurance, particularly where landlords let their property without a letting agent, as the necessary checks involved actually tend to deter rogue tenants who would otherwise gravitate towards properties being let privately.

All companies actually underwriting such policies must be registered by the Financial Services Authority (FSA).

To find a flat or house to rent in London contact the Black Katz City office. Black Katz have flats and houses to rent across London. If you are a landlord wishing to rent out your property contact Black Katz.

Landlords Insurance

Landlords insurance is a policy to cover a property owner from financial losses connected with their property which they let out. Mainly a landlord insurance policy will cover the building itself with the option of including the contents left within.

The policy will normally cover standard perils such as fire, lightning, explosion, earthquake, storm, flood, escape of water/oil, subsidence, theft and malicious damage. Each insurance policy is different and may or may not include all these items. Most companies will provide the option to have extra cover on top of what is considered the standard cover. This may be something like accidental damage, legal protection or rent guarantee cover.

Common differences in use of the phrase landlords insurance is buy to let insurance, let property insurance, rented property insurance, or property owners insurance.

To find a flat or house to rent in London contact the Black Katz City office. Black Katz have flats and houses to rent across London. If you are a landlord wishing to rent out your property contact Black Katz.