Landlord insurance

Landlords and ladies - compare quotes for your rental property with Simply Business[1]

Coronavirus and landlord insurance

The government has passed a bill that stops landlords from starting eviction proceedings over the next three months. Both you and your tenants have a right to a payment holiday to help ease the situation. Contact your mortgage lender if you’re struggling to meet repayments. They can help you.

If you have rental arrears cover you won’t be able to claim. That’s because your tenants need to have been evicted before most insurers will pay out.

Find more information about your insurance, looking after your tenants, and managing your bills

Do I need landlord insurance?

Legally, it's not a must. But landlord insurance is an ace you'll want to have up your sleeve if disaster strikes.

It can help protect your property from all sorts of risks that come along with being a landlord, from careless tenants to flood damage.

Don't rely on an ordinary home insurance policy as generally you won't be covered if you rent out your house or flat.

It also won't cover you for things like unpaid rent or malicious damage caused by a tenant - all things that can be added to a landlord insurance policy.

Tailor your landlord insurance

The cover you want to build into your policy will depend on the type of property you're letting out, and what level of security blanket you want.

The more options you add, the more expensive your cover will get, so it's important to understand your options and requirements:

Buildings insurance

Can help cover the cost of repairs in the event of damage to your property e.g. from fire or floods.

Find out more

Contents insurance

Covers the items you own, such as furniture and appliances.

Find out more

Alternative accommodation

To rehome your tenants temporarily if they're uprooted by something like a fire or flood.

Unoccupied property insurance

Unoccupied property insurance can protect your property while you have no tenants, provided you keep an eye on the premises.

Find out more

Fixtures ad fittings

Usually covered by your buildings insurance, unless you're renting out a flat and the building is covered by a separate insurance policy with the freeholder.  It'll cover things that are fixed down but aren't actually a structural part of the building - think skirting boards, doors or kitchen units.

Accidental damage

Can be a real godsend, protecting you from household mishaps such as DIY blunders.

Find out more

Landlord home emergency insurance

This can safeguard your property with 24-hour support and assistance - check whether you're better off buying home emergency cover as a separate policy though.

Find out more

Loss of rent

If your policy includes a rent guarantee clause, you'll still receive income if your tenants refuse to pay or have to be rehoused due to property damage.

Property owner's liability insurance

If a tenant is injured at your property, property owner's liability insurance can cover the expenses that could arise if they take legal action against you.

Find out more

Legal expenses

Legal battles over things like non-paying tenants or claims against you for negligence can be horribly expensive, so landlord legal cover can help cover the cost.

Find out more
Just over 10% of tenancies ended 2018 in rent arrears - rent guarantee insurance could protect your income
Your Move - England & Wales Rental Tracker. Published January 2019.

How to get cheaper landlord insurance

  1. Cover it all with one insurer

    Insuring all your properties with one provider could bag you a discount

  2. Get the rebuild cost right

    You could pay too much if you overestimate

  3. Increase voluntary excess

    But make sure you have enough money to pay it if you need to

  4. Cut the contents insurance

    If your property's unfurnished, what are you paying extra for?

  5. Tighten up your security

    Alarms and locks could help drive your premium down

  6. Turn pets away

    Your policy might not cover pet damage, or you might have to pay extra for cover if your tenants have a dog or cat

  7. Don't leave your property unoccupied

    You might need extra cover if you leave it empty for a long period

There are a few things we need to know to find you some landlord insurance quotes:

  1. Details about your rental property

    What type of property it is, your postcode and how long you've owned it

  2. Information about your tenants

    Their employment status and whether the property will be occupied when the policy starts

  3. Extra cover you need

    Would you like insurance for rent arrears? For accidental damage by tenants? Don't forget to add it

Frequently asked questions

  • Do I need contents insurance as a landlord?

    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 legal cover is worth considering:

    • Property protection
    • Repossession
    • Tenant default
    • Contract disputes
    • Debt recovery
    • Tax protectioni
    • Injury
  • Is landlord insurance tax deductible?

    Yes, it is - find out more at[†]

  • Do I need landlord insurance if I live in the property?

    You'll technically be known as a resident landlord and you'll need to speak to a specialist insurer to see if you need landlord insurance.

    Even if your standard home insurance policy can cover you, premiums may go up because you're sharing your residence. Read more at[†]

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[1] introduces customers to Simply Business who are authorised and regulated by the Financial Conduct Authority.'s relationship with Simply Business is limited to that of a business partnership, no common ownership or control rights exist between us. Please note, we cannot be held responsible for the content of external websites and by using the links stated to access these separate websites you will be subject to the terms of use applying to those sites

[†]Please note, we cannot be held responsible for the content of external websites and by using the links stated to access these separate websites you will be subject to the terms of use applying to those sites

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