Buy to let insurance for landlords
Landlord buy to let insurance is suitable to protect a residential property that is tenanted. If you are considering renting your home or an existing buy to let property it's most important to understand the differences between 'home insurance' and 'landlord buy to let insurance'.
Buy to Let Insurance
Buy to Let Insurance will protect any material risks such as your property and may be extended to protect a landlord's contents. However, cover is typically much more wide-ranging than this.
Some buy to let insurance policies will also provide for the loss of your rental income which often follows a material disaster such as a fire or flood. Property owner's liability cover is usually included as part of a landlord buildings insurance policy and an increasing proportion of landlords will request landlord legal expenses insurance covering legal defence costs and other legal costs which may arise from renting a property.
Of course the levels & extent of cover can differ greatly from policy to policy so it's important to establish some knowledge of what to look out for when purchasing a buy to let insurance policy. We offer a range of buy to let insurance policies which can be accessed either online or by contacting us for a landlord buy to let insurance quote.
We can guarantee to beat your landlord insurance renewal by 10%
If you've owned a let property and been claim free for 3 years or more then we most probably can beat your buy to let insurance renewal by 10%. Check out our latest price promise!
At the Landlord Insurer we provide some of the best landlord insurance premiums available for residentially tenanted properties. We cover a wide range of tenants from retired or working tenants through to local authority, council sourced, students , DSS & asylum seekers.
Calculating the rebuilding value of a buy to let property
We all have a reasonably clear idea of the market value of our properties. Landlords should ensure that they know the rebuilding value of their buy to let property. The rebuilding cost of the building is typically much less then the market value & it is the rebuilding valuation that is presnted for landlord building insurance quotations. The calculation of Landlord Building Insurance is heavily influenced by the re-building cost. It is vitally important to not be under-insured. However the higher the sum declared the higher the premium will be. If you want to get the balnce just right then you should seek the services of a suitably qualified landlord building insurance property valuer.
Will Home Insurance be suitable?
Domestic home insurance does not offer appropriate cover for buy to let property that is rented to a tenant. Buy to let property requires a buy to let insurance policy so if your property is to become tenanted then home insurance isn't likely to provide indemnity should you need to make a claim.
Cover is available for Landlord buildings insurance, landlord contents insurance, loss of rent insurance, malicious damage caused by tenants cover, landlord legal cover, HMRC tax investigation Insurance and Landlord Home Emergency Assistance cover.
Online buy to let insurance quotations for up to 10 let properties
The landlord Insurer access a panel of quality underwriters and we have negotiated some of the most competitive and exciting rates available in the UK for buy to let insurance. We are able to provide free accidental damage cover for landlord buildings insurance, landlords contents cover, loss of rent insurance plus Free malicious damage caused by tenants cover. Landlord legal expenses, tax investigation cover and 24 hour Landlord Emergency Assistance are all available too.
If you have multiple tenanted properties or a perhaps need a property portfolio quotation then please do get in touch. We provide a team of buy to let insurance experts to negotiate only the most attractive rates and terms from a panel of carefully selected quality insurance providers on your behalf.
Other perils that can be covered by our range of residential buy to let insurance policies
- Properties of multiple occupation (HMOs)
- Full range of tenants including Local Authority Tenants & Council Tenants
- Properties with up to 100% Flat Roof
- Free accidental damage cover for buildings
- Malicious damage caused by tenants cover
- Theft caused by tenants cover
- Loss of rent insurance
- Alternative Accommodation Cover
- Landlord Legal Expenses Cover
- Landlord Emergency Cover
We can also cover let properties housing DSS Tenants, Council tenants, Local Authority tenants, Students right through to retired or private tenants.