Do landlords need public liability insurance?
A good policy should include liability insurance - it protects landlords from potentially expensive legal costs and damages should a tenant make a claim for personal injury or property damage arising from incidents connected with the rented propertySean Davies, Gocompare.com
Who's responsible for safety?
The landlord is responsible for the gas and electrical safety of appliances provided under the tenancy, as well as the fire safety of furniture and furnishings. It's absolutely vital that an inventory is carried out thoroughly at the start of the tenancy, to ensure ownership of such items is legally documentedRachel England, journalist
Who's responsible for repairs?
There is the expectation of reasonable wear and tear on a property, which includes things like paint fading over time, or carpets in high-traffic areas becoming worn. However, if you smash a window with a frisbee or explode a microwave with tin foil, that's your responsibilityRachel England, journalist
Who's responsible for repairs?
The landlord is responsible for repairs to the structure and exterior of the property, heating and hot water systems and the electrics of the property. Breakdowns and damage to these items must be addressed in a timely fashionRachel England, journalist
Who's responsible for security?
Landlords have a legal obligation to ensure that the property is secure. If burglars enter a property through a shoddy window that has previously been pointed out to the landlord, for example, then there may be a case for negligenceRachel England, journalist
Why choose Gocompare.com's landlord insurance comparison service?
When you're letting, the tenants and the property itself will be your priority - we make searching for and buying the landlord insurance that suits your tenancy quick and easy, asking you the key questions and helping you understand the levels of cover. Gocompare.com has partnered with Simply Business to help you find the right policy at the right price.
Get the answers to all your questions on insurance for landlords by reading our guides
Should you choose to try their simple-to-use comparison service, you'll be asked to enter your basic details and whether you require buildings cover and/or landlords contents cover. In each case you'll be asked for the sum insured, and you'll see help text to assist you with any terms you don't understand. There's an option to include accidental damage cover, and to boost property owners' liability above the standard level of cover that's automatically included.
The final questions will ask you for the basic details of the property, its usage, and the tenancy arrangements governing its use. After completing this information you'll be taken through to the best-buy table where the levels of cover for each product will be clearly displayed. You'll have the chance to get more detail on your favoured option(s), and told how to proceed should you want to purchase.
You can find out more about the areas you need to consider in our landlord insurance guides, where you'll also find the answers to frequently asked questions. Our guide to being a landlord is there, plus information on tenancy deposit protection schemes and the pros and cons of letting a property.
If you'd like to read more, you can get information about the advantages and disadvantages of using a letting agency, and find out about obtaining mortgages to purchase rental properties.
Did you know...?
- All tenant deposits must be put into a tenancy deposit protection scheme (TDP)
- Landlords are legally allowed to visually inspect their property with 24 hours notice to tenants
- Weather accounts for the largest percentage of home insurance claims in the UK
- Fire is a common cause of home claims. Have you tested your smoke alarm recently?
- A leaking pipe can spill out over 2,000 gallons of water a day if left unnoticed - that's enough to fill 40 bath tubs