Landlord Insurance for Flats
If you are trying to find the best landlord insurance for flats you might find it useful to use using our comparison table below - you could save time and money you can see a selection of links that will be able to provide you with quotes on different kinds of landlord insurance:
|Provider||Rental Protection||Multi Property Quotes||Public and Property Liability Cover||Special Features||Get Quotes|
Landlord Insurance Quotes »
|Yes||Get Quotes||PRICE GUARANTEE - beat any renewal quote on like for like cover.* Find cheap landlord insurance - Fast online quotes - multi property insurance - loss of rent cover - all tenant types covered||Get Quotes >|
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|Yes||Get Quotes||Save up to 35% on your Landlord insurance** - Cover for Professionals, Student Lets, DSS and many more - One property or portfolio our partners can help||Get Quotes >|
Direct Line Landlord Insurance Quotes »
|Yes||Standard Cover Up to £2m||Direct Line Landlord Insurance with prices from £115 a year 10% of customers paid this or less. Based on policies sold 1st November 17 - 30 April 18. Excludes add ons. Underwritten by U K Insurance Limited.||Get Quotes >|
Smart Landlord Insurance Quotes »
|Yes||Get Quotes||Compare the best prices and policies for landlords. Quick quotes with all risks and multi properties covered by our UK insurance providers.||Get Quotes >|
QuoteZone Landlord Insurance Quotes »
|Yes||Get Quotes||Fill in one form to compare landlord insurance deals from a range of providers and find the right one for you.||Get Quotes >|
|Yes||Cover Up to £2m||We cater for all types of Landlords Building Insurance. Multi-Quote's available, buy online now.||Get Quotes >|
Lloyds Bank Landlord Insurance Quotes »
|Yes||Get Quotes||Get quotes instantly and find the cover you need at a price that suits you. Immediate cover available. Arranged by Arthur J. Gallagher Insurance Brokers Limited who source products from a panel of insurers, ensuring you get the right cover at a competitive price.||Get Quotes >|
*New customers only. Minimum premiums apply. Proof of alternative quote may be required. Based on the same level of cover.
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Landlord insurance for flats
As a rental property owner, finding the best possible insurance cover is of utmost important in order to ensure that a viable source of income is maintained at all times. Typically, a landlord insurance policy will be able to provide cover for flats, houses and other residential buildings, but this will of course vary by insurer so it is worth shopping around to find the plan that fits your requirements best.
Insuring a flat for buildings cover can in some instances be difficult with some insurers, if they feel it is more appropriate for the freeholder to insure all the properties within a block so handling claims is easier. Therefore some providers may only be able to offer you building cover in addition if you are obliged to by the terms of your lease. In Scotland it is more common for each leaseholder to insure their own property.
Many insurance policies for flats and other types of property will also contain a number of other provisions that are designed to cover the cost of some other, more unlikely problems that can arise as a result of renting property.
Other types of cover you may find on a policy or as an optional extra include:
Landlord contents insurance:
Contents cover will insure the furniture and other items you provide in a flat or other property that you let as fully or partially furnished. You may be given the choice between indemnity and new for old cover
- Indemnity cover - This policy means that in the event of you making a claim for an item the insurer what they perceive the item to be worth factoring in any depreciation of value the item would have incurred since you purchased it. So if an item was purchased 5 years ago you may be paid considerably less than what you originally paid for it.
- New for old – This cover type will replace the item with a brand new version regardless of when you purchased it; as a result this type of policy may have higher premiums.
Landlord liability cover:
If a visitor or a tenant to your property was injured and made a personal injury claim this type of coverage could help pay for your legal costs, and if you were found to be at fault could cover the claimant’s compensation award.
Before committing to a particular landlord insurance policy, it is strongly recommended to carefully consider not only the type of tenancy agreement that will be taking place, but also the variety of different policies that are offered by different insurers. It is always worth shopping around as much as possible in order to find the best landlord insurance for flats that meets your needs.