Landlords insurance is insurance taken out on a property to protect the landlord from any financial properties. This type of insurance is for property let and managed by a landlord.

 

Typically a landlord insurance property will not cover the contents of a building but instead covers the building itself against disasters and damage from fires, floods, storms and earthquakes. Malicious damage to the property can also be included in some landlord insurance property.

 

If the property comes furnished, the landlord insurance policy can include coverage on the items that are left in the property for use by the tenants.

 

Landlord insurance policies are different and paying a higher premium will allow the landlord more coverage. Extra cover such as accidental damage, legal protection or rent guarantee cover will cost more and will be offered by only some insurance companies.

 

A landlord insurance policy can also cost more if the property is older, not properly looked after or if the building does not meet code. These problems will normally need to be fixed before an insurance company will grant coverage.

 

Landlord insurance policies are also referred to as: buy to let insurance, let property insurance, rented property insurance or property owners insurance.

 

could not open XML input