Professional Landlords Issues to Consider
Flats: If you live in a flat or in a leasehold property please check that the property is not already covered under a block insurance policy. If you are covered under a block policy we would suggest that you check the cover to be sure it covers all permanent fixtures & fittings.
Sum Insured: You must ensure you are not underinsured. If you are under insured in the event of a claim the amount paid will be reduced. There are a number of calculators available online to calculate what sum insured is required, alternatively if the property is mortgaged your lender would normally advise what sum insured they require. Some of our clients have used the BCIS sum insured calculator click here to visit the site
Accidental Damage: The majority of landlord's buildings insurance cover provides a certain amount of accidental damage cover. If you are unsure whether you need full accidental damage cover please speak to one of our advisors.
New for Old: The majority of landlord's contents insurance policies are restricted to indemnity cover (Replacement cost of the item). If you require new for old cover click here to get a quote and select the accidental damage
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