Landlord’s Buildings (and contents) Insurance

Landlord’s Buildings (and contents) Insurance

Your investment property is likely to be your most valuable financial assets. It is therefore important to protect it against incidents that can potentially destroy or severely damage them.

Contact Hambleton Financial Services for details of the Landlord’s buildings and contents policies available from a limited number of insurers and which offer:

Up to 5 years no claims bonus
Immediate on-line cover if required
Competitive premiums
Legal Expenses Cover optional
Home Emergency Cover optional

1. The Policy

This policy can be used to provide household insurance where you are a private individual and the property that you own is rented out under a tenancy agreement directly between the Landlord and each tenant.

The property can be insured where it is occupied by a single family, or no more than 6 individual tenants. Tenants are accepted who are students or those who fund their rent through the Benefits agency (the type of tenants will be taken into account in calculating the premium).

2. The type of cover available

The following cover is available to you:

  • Combined Buildings and Furnished Contents insurance cover
  • Combined Buildings and Unfurnished Contents insurance cover
  •  Buildings only cover

Accidental Damage cover is also available.

3. How the policy works

  •  Buildings insurance reinstates your property. Contents insurance repairs or replaces your property as new.
  •  Your premium is calculated dependent on how old you are, where the property is situated (the postcode), the age and type of property, the type of tenants in the property and the number of bedrooms in the property.
  • Optional Accidental Damage is available for buildings and furnished contents for an unexpected event.

4. Buildings cover

The following insured events are covered if you have selected Buildings cover:

  •  Fire, smoke, explosion, lightning or earthquake
  •  Riots, civil commotion, labour and political disturbances or strikes
  • Malicious damage or vandalism
  • Theft or attempted theft
  • Storm or flood
  • Impact or collision
  • Subsidence or heave
  • Escape of water or oil

Also covered:

  •  Property Owners liability
  • Loss of rents receivable or payable
  • Alternative accommodation for your tenant
  • Temporary storage of furniture incurred by you
  • Loss of metered water
  • Damage caused by attending Emergency Services
  • Unauthorised use of services
  • Accidental damage to locks or theft of keys
  • Cost of removing/lopping trees
  • Optional Accidental damage cover for Buildings cover is available at an additional cost.

5. Contents cover

The following insured events are covered if you have selected Furnished Contents or Unfurnished Contents cover:

  •  Fire, smoke, explosion, lightning or earthquake
  •  Riots, civil commotion, labour and political disturbances or strikes
  • Malicious damage or vandalism
  • Theft or attempted theft
  • Storm or flood
  • Impact or collision
  • Subsidence or heave
  • Escape of water or oil
  • Cover for Landlord’s communal contents
  • Optional Accidental Damage for Furnished Contents cover is available

GET IN TOUCH

If you have an enquiry please get in touch with us.