Landlord Insurance

Landlord Insurance

Of course, insuring your property is vital and no doubt you have already made sure that adequate cover is in place to protect you from any loss from the risks of fire, flood etc.  However, when a property is to be let, this protection should be reviewed to make sure it is adequate and appropriate in the new circumstances.

Some insurers are not as keen to insure rental properties as those which are owner occupied and, even when cover is provided during a tenancy period, sometimes this is restricted  and can also be at a higher premium cost. 

In addition, it is well worth considering additional insurance to protect you in the event that the tenancy does not proceed entirely satisfactorily.  Situations can arise in which rent is not paid or, at worst, there is a major dispute with the tenant, which requires legal action to resolve.  Both can result in significant financial loss to the landlord.

West Country Property Services Limited is an Appointed Representative of Letsure Limited, which is authorised and regulated by the Finacial Services Authority and whose registration number is 313817.   Through this arrangement we provide specialist insurance policies at very competitive premiums. 

The Rentsure Gold and Silver schemes are designed to cover landlords against loss of rent and the cost of legal expenses in the event of a dispute (court fees and solicitors’ bills etc).  The Letsure Gold Household policy is very similar to a normal buildings/contents insurance policy but with additional features which are included to cover specific points applicable when the property is let.

Details are on the following pages.