Compare cheap tenants insurance and protect the belongings in your rented home.
Home contents insurance for tenants is very similar to regular contents insurance for a homeowner, covering your personal possessions within the home.
It provides protection against theft of your belongings, as well as any damage to them caused by fire, water damage, subsidence and in some cases accidental damage.
When renting a property from a landlord, you need tenants insurance so your posessions are fully covered - whatever insurance the landlord has won’t cover your belongings for damage, loss or theft.
The letting agency or landlord probably won’t ask you to buy a policy before you move in because it’s not a legal requirement, but it’s a good idea to have one.
A tenants insurance policy will support you if your possessions need repairs or to be replaced. Likewise, some policies include cover if you accidentally damage the landlord’s furnishings too.
To find the right policy for you, get to grips with what’s covered and what isn’t. Typically, gadgets, clothes and appliances are covered in a basic policy, however there might be some restrictions.
Basic level of accidental cover - covers things like damage to your tv, games console or PC
Full accidental damage cover - also covers you for accidents like spilling wine or paint
Each policy will differ when it comes to what they’ll cover as standard, but usually it will include items like furniture, TVs, soft furnishings, gadgets, appliances, bicycles, clothes and jewellery.
Main things to look out for:
Fires in houses and flats account for a significant number of the insurance claims made every year.
Sensible prevention measures will help protect your possessions and could lower your insurance premiums.
If you live in a flood risk area, your tenants insurance could be more expensive than for your landlocked friends.
However, it’s still possible to find affordable cover for your contents.
Crime in your neighbourhood isn’t just a safety concern, it also affects the cost of your insurance. You can help lower your premium by making your rental home as secure as possible.
Keep the risk of burglary down by identifying your home’s security weaknesses and addressing them.
Accidental damage cover is for loss or damage of an accidental nature, such as knocking a tin of paint over a carpet, smashing a valuable vase, or escape of water from a leaking, hidden pipe.
This can be vital to a tenants insurance claim, but it’s not included on all policies as standard.
Usual exclusions for tenants contents insurance include:
Any decent policy will include tenants liability cover but it’s always worth checking.
Tenants liability insurance covers the occupier for accidental damage to third-party items in addition to their own, so you won’t need to tear your hair out if you spill a glass of red on your landlord’s suede sofa.
However, it’s worth remembering that not all policies include the same features, so be sure to read the policy docs carefully before signing on the dotted line.
No, that’s your landlord’s responsibility. They must make sure that they have cover for the building as well as the fittings and fixtures. If they have furnished the property, they should get contents insurance as well.
Your name, address and date of birth
What type of property are you renting and how many rooms are there?
Give details of your locks and alarms, as well as whether you live near water
Tell us a bit about you and any past claims, convictions or declarations
Take your time on this part so you get the right cover details
Tenants insurance is not a legal requirement, but it can be a good idea if you want to make sure your personal possessions are covered.
Yes, you can. Be aware that your policy will have conditions, like being able to lock the door to your room and not leaving your belongings in communal areas.
You can choose to pay a voluntary excess on your tenants insurance. This will reduce your premiums but make sure you’d be able to afford it if you need to make a claim.
It depends on the policy you take out, but many companies will allow you to take your tenants insurance policy with you or cancel it if you’re moving.
Tenant content cover policies provide cover for students, however they tend to be considered higher risk and might have less choice of policies and higher premiums. There is specialised student home insurance which could be the best option.