Buy to Let & Landlords Insurance
A standard home insurance policy will not cover a buy to let property. Once you let out your property to a tenant, you need to consider Buy To Let Buildings Insurance, also if your property is furnished you will need Buy To Let Contents Insurance.
You also need to make sure that your buy to let property has its fixtures and fittings insured, imagine if the tenant floods your property and water damages the fixtures and fittings or even blows up your boiler! Take all these things into consideration when choosing the correct Buy To Let Insurance policy for your rental properties.
Property Owners & Landlord's Liability Insurance enables you to meet any costs and damages awarded to a member of the public or your tenant if they suffer an injury following an accident on, or linked to, your premises.
This protection is generally included in a Landlord's Buildings Insurance policy. Where you only insure your Landlord's Contents, and a freeholder insures the premises, make sure that property owners' liability is included in the building’s policy.