Let property insurance

With an increasing number of landlords due to the buy to let phenomenon, let property insurance is now as common as standard homeowners insurance.

Insuring a let property is different from insuring your own home. Typically insurance companies have looked upon a let property as more of a risk than your home therefore requiring specific insurance.

As the landlord you are responsible for insuring the property. If you do not inform your insurance company that you have let the property and a subsequent claim occurs, insurers are within their rights not to settle the claim.

Types of cover available:

• Buildings cover
  - loss damage or destruction of your buildings plus insured items such as landlords' fixtures and fittings, walls, gates, fences plus an amount towards architects', surveyors' and consultants' fees and removal of debris.
• Property owners' liability
  - protection against claims made by the public, other businesses or employees for death, injury or damage to property brought about as a result of your negligence or that of your employees.
• Fixtures and fittings
  - protect any additional fixtures, equipment and property, excluding landlords' fixtures and fittings, against destruction or damage.
• Loss of rent
  - cover against loss of rent receivable should your premises become unoccupied following loss or damage to your property.

Let property insurance caters for residential and commercial let property, including DSS Lets, Student Lets, Holiday Homes, and Unoccupied Properties.