The importance of landlords insurance
As a landlord, a simple home insurance policy will not offer the level of coverage you need. Your investment will need specialist cover to protect both the structure and the rental income you will earn from being a landlord.
moneysupermarket.com has teamed up with a number of landlords insurance providers to help protect your investment from the unexpected. With additional extras such as public liability insurance and legal expenses cover available, you will never have to worry about the pitfalls of being a landlord.
Main features of a landlord insurance policy
A cheap landlord insurance policy is within reach for many, however simply opting for the cheapest policy can sometimes prove to be a false economy. You need to pick a policy that is right for you and your investment.
A simple landlords insurance policy will cover only the basics. With additional extras you can protect so much more. Public liability insurance, rent guarantee insurance, legal expenses cover and more are available at an addition cost.
The advantages of landlord insurance
As with any insurance, it is there to protect you from the unexpected. There are many pitfalls that are associated with being a landlord such as tenants refusing to pay rent, taking tenants to court, structural or contents damage and many more.
With the right landlord insurance policy at your side, your life in the buy to let market will be made much easier and you will have the piece of mind knowing that your investment and your income from the property is in safe hands.
Guide to landlord insurance
Finding a cheap landlord insurance policy is one thing, however finding the right policy for your properties and your own individual needs can be a little more difficult. Take a look at our landlord insurance guide to make sure your policy covers all the bases.
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Decision for making an investment for a long-term housing scheme to stay in it.
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