Often overlooked is the importance of Landlords contents insurance, especially in unfurnished properties.
Contents insurance covers more than just furniture, for example if there was a small flood from a washing machine which damaged carpets and decoration that claim would not be covered by buildings insurance as the fabric or structure of the property was not effected. Perhaps the most important and most overlooked part of contents insurance is the public liability aspect which forms part of most contents policies.
Should your Tenant have an accident within the property due to,
for example, a loose stair carpet they may decide to make a claim against
you. It is bad enough for any kind of accident to happen within your let
property but to then face a possible claim and have no insurance is something
no Landlord should have to endure.
Landlords
Insurance
with Howards Correct insurance is a vital part in protecting your investment and income.
Via specialist insurers we can offer the following:
- Landlords Contents Insurance
- Buildings Insurance
- Rent and Legal Expenses Insurance
The points listed below are important and you should check them all before allowing the property to be let:
- Have you gained approval to let the property from your insurers? Almost all policies are void if approval has not been given by the Insurance Company
- Be absolutely sure what your policy covers, such things as accidental damage, public liability, level of cover, excess payments etc.
- Read the terms and conditions of your policy, not exciting reading but you need to be aware of the terms of the cover otherwise any possible claim may be void if a certain clause has not been adhered to.
Here are a few useful websites:
Howards Estate Agents Norfolk and Suffolk East Anglia UK T: 0800 0237994
