Landlord insurance is a specialist policy that provides cover for landlords. If you’re taking out a buy-to-let mortgage your lender might require you to have landlord insurance to qualify for the loan. You need to make sure you have a landlord’s policy and not home insurance.
As well as covering General Risks such as storm and fire damage to the buildings landlords may consider to add on cover for:-
Loss of rent – The tenants are unable to pay their rent.
Malicious Damage – If the tenants intentionally damage your property.
Unoccupied property cover - If you don’t have tenants for a period of time and are not getting rental income.
Property owner’s liability – if you are deemed liable for damage or injury suffered by third parties arising from your ownership of the property.
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