Insurance every landlord should have
The cover that protects your investment and your income.
Beyond a standard house policy
A standard homeowner policy isn’t built for renting out a property. Landlord insurance is designed for the risks of tenancy, and it’s the cornerstone of protecting your investment. Relying on the wrong cover can leave dangerous gaps that only surface at the worst possible moment, after a loss has already happened.
What landlord cover adds
A good landlord policy can include loss of rent if the property becomes uninhabitable, cover for malicious or intentional damage by tenants, and liability protection. These are exactly the scenarios a basic policy may exclude, so the extra cover is what turns insurance from a box-ticking exercise into genuine financial protection for your income and your asset.
Check the detail
Confirm your sum insured reflects the full rebuild cost, not the market value, and understand the excesses, exclusions and any conditions, such as inspection requirements. Underinsurance is one of the most common and costly mistakes owners make; a quick annual review keeps your cover aligned with rebuild costs and your circumstances.
Encourage tenant cover too
Your policy protects the building, not your tenants’ belongings, so it’s worth reminding tenants that contents insurance is their responsibility. Some landlords make this clear at the start of a tenancy. The right combination, your landlord policy plus the tenant’s contents cover, means everyone’s interests are properly protected.