What does Residential Landlord Insurance cover?
As the property owner, your main concern will be insuring the buildings themselves. The cover can vary from basic ‘perils’ such as fire, lighting, explosion and impact from vehicles, all the way up to ‘All Risks’ cover, with extensions for things such as public liability insurance, tenants’ contents and even loss of rent. The size of the portfolio and the level of cover you choose will of course influence the premium you pay.
What level of cover do I need for Residential Landlord Insurance?
The sums insured under the policy should be based on what the property would cost to rebuild, rather than its market value. So, you should ensure that these sums are adequate.
Who pays for Residential Landlord Insurance?
Some landlords prefer to pay one premium for all of their properties with a common renewal date. Others prefer separate schedules for each property, so that they can make tenants responsible for insurance for the premises they occupy. Whatever your preference, we can find a policy that meets the needs of your property portfolio.
Why should you deal with JM Glendinning for your Residential Landlord Insurance?
We have strong relationships in place with established property insurers. That enables us to find competitive property cover for just about any portfolio. On many of our commercial landlord insurance schemes, we can offer a quotation and cover on the same day, with instant electronic documentation. In short, we make it easy for you to manage and even add to your property portfolio.
Established in 1972, we have always looked to offer personalised, local service, especially when you need it most – in the event of a claim. Our dedicated claims team pride themselves on their technical knowledge of the policy wording, and will negotiate with insurers for you, to get a full prompt settlement of your claim.