If your tenant holds cover for accidental damage to landlord’s contents and has a claim, it can be made when the incident occurs; there is
no need to wait until the end of the tenancy. Cover is provided on a new for old basis, with no contribution required from the landlord
as required by the deposit schemes. Your tenant will pay their policy excess, and is left with their deposit intact at the end of the tenancy. This means you
will have a happy landlord, a happy tenant and less paperwork for you, their agent!
Benefits to your landlords and tenants:
Landlords need to protect their assets and rental income. We can help with a range of insurances for the buy-to-let investor:
- Landlord buildings and contents insurance
- Rent protection and legal expenses (nil excess)
- Landlord home emergency – vital for tenant find only landlords
Rent protection insurance can be extended to include Tax & VAT investigation cover and vacant possession cover (provides 50% of the rent for
up to 3 months following a claim for possession of the property where possession has been obtained).
Tenants have various insurance requirements that include:
- Liability to their landlord – they need cover for accidental damage to landlords contents, fixtures and fitting
- Their own contents – they need protection against fire, theft, water damage and other losses
- Income protection – are they able to cover the cost of their rent and household bills if they become ill or have an accident?