Landlord Building & Contents Insurance Quote

Contact us now for a landlord insurance quote with a level of cover that suits you.

Orchard can provide landlord insurance quotes for landlords who wish ensure that their investment is adequately protected. Every landlord should protect their property with adequate insurance cover. From the landlord who lets a small studio or one bedroom flat, to the successive property investor who owns an extensive property portfolio. Whatever the landlords’ circumstances a considerable amount of capital is tied up in their property, landlord insurance will protect you against losing your capital investment, and can also help protect the income you receive from your tenants rent.

Landlord Buildings Insurance

Most insurers work out a rate to charge the landlord based on the location of the property and then apply it to the amount specified to rebuild the building (which is called the Buildings Sum Insured).

• Cover for houses, bungalows and flats
• Commercial and residential combined
• Loss of rent cover is 30% of the buildings sum insured
• Property owner's liability starting from £5,000,000
• 45 day unoccupancy clause
• Contents cover up to £40,000
• Insurance cover is 'new for old'
• Policy excess for professional lets: £100 for buildings and £50 for contents
• Policy excess for non-professional lets: £250 for buildings and £50 for contents.
  

Often many landlords will be tempted by under insuring their property to obtain lower premiums, it is important that your property is insured for the right amount. Some landlords find that they are already paying their buildings insurance in their service charge or managing agent charge in which case landlord buildings insurance cover wont be needed however contents and liability will still need to be taken out.

Landlord Contents Insurance

When an insurer discusses a landlord policy and refers to insuring contents they are not talking about the tenants contents. The tenant’s contents are their own responsibility and can be done through a standard contents insurance policy.
The contents that you can insure are items that you own in the property but which may become damaged such as carpets and if a furnished let this will include; sofas, tables, chairs and pictures etc also known as the land lord’s fixture and fittings.

Landlord Liability Insurance

A landlord has a duty of care and is therefore responsible for the safety and protection of the tenants that reside in their property. For instance if a tenant harms themselves due to something dangerous in the property they can make a claim against the landlord for damages. A tenant may electrocute themselves on a faulty electrical appliance and subsequently burn their hand as a result therefore landlord liability insurance cover will pay out for any damages that are awarded to the tenant as a result of the faulty appliance well as all legal costs.

Call Orchard Property Service now so we can search insurers for the most competitive quote.

0845 2 30 29 28

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