Compare Landlord Insurance Companies
Most landlord insurance companies will offer buildings and contents insurance as two separate or one combined policy. The combined policy may mean a drop in the price of premiums but could see you losing out on a potentially better deal elsewhere.
Buildings Insurance
The buildings cover offered by most landlord insurance companies will protect you from having to pay for damage caused to the walls, roof, and permanent fixtures of the property form damage caused by such circumstances as:
- Fires, explosions and smoke damage
- Floods, earthquakes and storms
- Theft, vandalism and intentional damage
- Subsidence
Contents insurance
Contents insurance is there to provide protection from having to pay the cost of repairing or fully replacing all of the things that are not included in buildings cover. The difference here is that contents are considered to be the things that you could take with you if you moved house. This includes items such:
- Carpets
- furniture
- TVs and stereos and electronic equipment
- Laptops and PCs
- Kitchen appliances and utensils
- Extras
Landlord insurance providers will have broadly similar policies, it is the extras offered that will make some landlord insurance polices more comprehensive than others. Some popular extras offered by companies are:
- Rent guarantee cover will protect you from damage done by unpaid rent
- Accidental damage cover extends you insurance to unintentional damage caused by accidents
It is worth obtaining a number of different landlord insurance quotes form a number of different landlord insurance companies to truly find a great deal.