Frequently asked questions on landlord insurance

Get the answers to FAQs on landlord insurance policies, then compare quotes to find the right deal for you.

What is landlord insurance?

Landlord insurance provides protection for your property, any tenants you have and rental activities that you carry out.

This can be regardless of whether you rent properties as a professional business or as a second-income generator.

Why do I need landlord insurance?

Landlord insuranceThere may be a higher number of risks to your property when you rent it out and these will not be covered under a standard home insurance policy.

What should my landlord policy include?

A good landlord insurance policy should include:

  • Public liability and property owner's liability cover
  • Alternative accommodation costs
  • Loss of rent cover
  • Glass and lock replacement
  • Contents insurance
If your property is furnished it's your responsibility to have contents insurance for the items you own, as well as any fixtures and fittings

What is public liability insurance?

Public liability insurance provides cover should a tenant, visitor or workman become injured or their belongings damaged as a result of a fault in your property.

What is loss of rent cover?

This provides cover should your property become uninhabitable due to damage, for example fire or flood. In the event of a claim, cover generally offers around 36 months of lost rent.

Am I responsible for contents insurance?

Tenants should have their own contents insurance for items they keep in the property. However, if your property is furnished, it's your responsibility to have landlord contents insurance for the items you own, as well as any fixtures and fittings.

Do I need legal expenses cover?

The following can run up some expensive legal fees for landlords, so insurance cover is an option worth considering:

  • Property protectionFor rent sign
  • Repossession
  • Tenant default
  • Contract disputes
  • Debt recovery
  • Tax protection
  • Injury

What is the tenancy deposit protection scheme?

The tenancy deposit protection scheme is to ensure that tenants will receive their deposit back at the end of their tenancy period. This is subject to the tenants meeting the terms of their rental agreement and leaving the property in a good condition.

By Sean Davies