The basic covers you will need include:
Buildings cover is essential for buy-to-let property with a mortgage, as most lenders will require it as a minimum. It can come to your aid should your property suffer structural damage as a result of fire or flood, or accidental or malicious damage by your tenants (depending on your insurance policy). You can also be covered for escape of water (through burst pipes, for example).
Contents cover can be particularly beneficial for landlords letting out furnished property, as it is designed to cover landlord’s contents such as furniture, floor coverings and electricals.
Public Liability insurance helps to provide cover should a tenant or member of the public make an injury claim against you while they are in your rental property. Your legal costs and damages can also be covered under this policy.
Yes. With Quoteline Direct’s optional rent guarantee and legal expenses insurance, you can recover lost rent when tenants have defaulted on payments, with different levels of cover available to suit your needs and budget.
Legal fees can be very costly when it comes to evicting tenants, for example. It’s easy to make mistakes without the correct support. That’s why it’s worth considering our legal expenses cover, to reduce the chances of issues and speed up the process when you need to take legal action against tenants.Get a Quote
There are a range of benefits when you take out landlord insurance with Quoteline Direct: