When you’re a landlord, times can be tough when things go wrong with your let properties. Insurance can be that solution to that problem and you should never avoid it.
It is important to know that your landlords insurance comes in a variety of different levels of cover, offering additional options that many people do not take full advantage of. If you take on full protection that insurers just about every problem a landlord can run into, trust us, you’ll sleep better at night.
If you are using your properties as a business for income and you have mortgage payments on them, it may be a good idea to have loss of rent protection on your landlord insurance policy. Another option, which you could choose, is landlord contents and buildings insurance or even boiler repair protection.
Adding this kind of protection to your policy will assure you have many night of blissful sleep.
Just remember there is landlord insurance that is designated specifically for certain types of landlords. Landlords operate in several different ways because their businesses work differently and so does their landlord insurance.
If you need clarity, please ask you chosen insurance company to run over your policy with you, they do their best to help you if you ask the advisor.
No matter which type of landlord insurance you decide to purchase, just keep in mind that the more specific you are, the more protection you can take, just always compare deals with UKLI Compare and you’ll be safe.
It is important to fully insure properties, as you well know by now, and if you can insure your properties and save some money, brilliant. That’s what you can do right now, fill in your details on the quote form and see the results you get through UKLI Compare.