Landlords, you will know that owning a buy to let isn’t as simple as just letting your property to a third party.  There are contracts, referencing, liabilities and maintenance but most of all the uncertainty of having somebody you do not know live in your property.  This is why you need to be fully protected in all areas of your investment.

You wouldn’t insure half of your car so why insure your property without protecting it as best you can, leaving the premises and yourself vulnerable to large non-recoverable costs.

Properties can be let in various ways to various tenants.  All insurance companies have their preferred and excluded types, however choosing the correct insurer, who provides necessary and proper cover, can prove tricky.

The rise of rent-to-rent, serviced accommodation and the HMO boom are regular declines from insurers so it wise to speak to an expert.  Here at Insurance-Desk we are property brokers run by a staff of property owners.  We can place your property needs from large HMO’s, Rent-to-Rent, Council and Vulnerable tenants, unoccupied/undergoing development, standard residential/commercial let and much more.  We analyse your needs and make sure we offer the necessary protection but at market leading rates with expert advice.

Below are a few areas of cover, to highlight: (which many insurers don’t provide necessary cover)


Malicious Damage by Tenant

A lot of insurers will limit their liability in this area, if cover provided at all, to £5,000 or £10,000 to protect themselves from a major incident.  This has the potential to leave you heavily out of pocket because we have seen malicious damage claims rise to £20,000+.  If the tenant/s decided to completely destroy the property, leave it in a mess or even set fire to the premises, the claim will quickly rise above the insurer limit.  To lower your risk, you should have a policy that has no limit and protects malicious damage by tenant claims up to the sum insured.

Contents Cover

Many landlords let their properties unfurnished so feel contents cover is not required.  Carpets, floor coverings, blinds/curtains and white goods are all classified as contents so damage to these would not be covered.  New carpets can be costly so with the above in mind, contents cover should be sought after.  Look for insurers who offer cover for this as standard, so you do not need to pay any premium for the cover, usually a £10,000 limit is sufficient.

Un-occupancy Length

Tenants may vacate your premises for several different reasons.  This can be unexpectant or at the end of their AST.  It may even be because the end of the tenancy agreement is the perfect time for you to carry out renovation on the property (You may still need to refer renovation works to be accepted).  Whatever the reason maybe, it will leave your property unoccupied in the interim.  This is another area where your cover may fall short because there is only a 30 day unoccupancy allowance.  After this time, the insurer will look to reduce cover to minimum perils (Fire, Lightening, Earthquake, Explosion & Aircraft) and may even charge an unoccupied rate.  Look for insurers offering extended un-occupancy periods such as 60 days or even 90 days.  This provides flexibility and allows you to proceed with your plans without the rush.


Legal Expenses

Let’s face it, not many of us are experts in contract law and legal issues.  Having an AST or other tenancy contract is legally binding so what happens when things go wrong.  Say a tenant refuses to leave your property at the end of an agreement or refuses to pay rent and you want your property back?  Defence costs, legal representation and fees can be very expensive let alone stressful.

This cover will provide you with legal assistance to repossess your property, evict squatters, disputes over property damage, rent recovery and other legal representation.

Rent Guarantee

At the end of the day the reason we let a property is for the income, so why not protect it???  Maybe because its provided as a separate policy at an extra cost.  With portfolio landlords the extra rent cover costs may outweigh the potential risk of a tenancy dispute arising.  Fear not, we have access to a product that includes this with your cover at NO EXTRA COST.  It even provides cover for multiple tenancy in a HMO and student lets etc.  We can also provide this as a standalone cover if necessary.

The legal expenses, as mentioned above, element of a policy may include cover to recover any rental arrears, however this repayment is not guaranteed.  Having a rent guarantee extension means that any missed rental payments from your tenants can be claimed from your insurance.  This allows you to keep up with any potential mortgage payments and protects your rental income.  Without this cover, a lengthy legal claim could cost your thousands in lost rent, let alone the legal costs.

Whether you are looking for a quote, advice or cover contact us today – 01296 329610 or email us through

Choosing the right home insurance policy

  Home insurance can be a minefield of terms and jargon that can make the decision of which policy to invest in a real dilemma.  This needn’t be the case if you understand a few simple key tenets of what home insurance actually consists of; if you understand the concept in broad terms you can then decipher the minutiae of contents, gadgets or buildings insurance. Sites like Endsleighs are particularly handy when learning the ropes of home insurance.  They separate the two important categories – contents and buildings insurance – then subdivide accordingly. You may choose both contents and buildings insurance or you may choose specialised/tailored versions of one or the other.  Gone are the days when brokers would offer generic packages where the policy holder was never entirely sure what they were covered for. Contents insurance tends to be the most diverse of the policies and you’ll find that...
Rate this blog entry:
Continue reading
865 Hits

Buy-to-let buildings insurance: the basics

If youre a landlord, its crucial that you buy the right buildings insurance to protect your investment. Take a look at our guide to get the lowdown on this type of cover and how it works. What is buildings insurance? Buildings insurance offers financial protection for the structure of your property, as opposed to its contents. Its designed to pay out in the event of circumstances outside of the landlords or tenants control resulting in damage to the building. What does it cover? The terms of each product vary depending on each insurer, but a typical landlords building insurance policy will cover damage arising from: • Natural disasters such as storms, earthquakes and floods (although exceptions apply in flood-risk areas - see below) • Fire • Landslip or subsidence (again, there are exceptions to this) • Escape of water • Attempted or successful theft • Falling trees/branches What if the property is...
Rate this blog entry:
Continue reading
888 Hits

Home maintenance: could you be risking an unpaid insurance claim this winter?

  AXA has urged homeowners to carry out any essential home maintenance as the weather worsens, to avoid facing an unpaid insurance claim this winter. According to research from the insurer, every year it rejects one in 20 storm damage claims because the wear and tear has not actually been caused by the weather, but by a lack of home maintenance. Yet almost two thirds (59%) of policyholders would expect to successfully claim for any weather-related damage, no matter what the condition of their home. 23% of homeowners also think that a home insurance policy will cover the cost for any sort of structural damage caused by wear and tear. In recent years, the UK has seen winter weather get increasingly severe, from heavy snow to rainfall causing flooding. Indeed, around 25% of homeowners have had some kind of winter weather-related damage caused to their property in the past. Things...
Rate this blog entry:
Continue reading
552 Hits

Five Tips to Pay Less on Home Insurance

Buying home insurance can get to be fairly expensive if youre not careful about the shopping process. There are a few simple tricks that you can put to use in order to get a good deal on your home insurance. The biggest determining factor will be how much insurance you want, of course, but these five key points can get you a great deal if you know where to shop: 1. Improve Your Credit Even if you have a lot of bad loans and other problems to overcome, whatever little you can do to improve your credit will help. Even if you cant pay off every single debt you owe, you can still make a dent in your debt and that will generally have a positive effect on what you pay for your insurance. 2. The Neighbourhood Counts A great way to get home insurance is to move into a...
Rate this blog entry:
Continue reading
1516 Hits

Different kinds of Home Insurance policies

Your home is an important asset and worth protecting by taking out home insurance. There are two main types of home insurance; these are building insurance and home contents insurance. Building insurance is coverage for the structure of your home. Contents insurance is coverage for the items found within your home. When taking out home insurance you can get both types of coverage combined into one policy. Insurance companies also offer specialised home insurance policies which are designed for specific types of property. Building insurance protects the permanent structures that make up your home. This would include walls, roof, floors, windows and more. Not only does building insurance cover the dwelling itself but it also covers the land where the dwelling is located. Other features such as garages, patios, gates and fences may also be included. When taking out building coverage your mortgage company will probably require that you take...
Rate this blog entry:
Continue reading
1016 Hits