Property Owners Insurance

Property Owners/Property Letting/Property Management

If you own or manage property which you let out, it is your responsibility to ensure you have the correct insurance in place. This protects both the building and your tenants in the event that something happens, such as a flood or fire.

Specialist Property Owners Insurance will cover you whether you own or manage a single building or have multiple properties, up to a maximum of 25 premises. It doesn't matter whether the properties are residential, such as houses or blocks of flats, or commercial buildings, such as offices, shops or industrial units. It's also possible for the policy to cover a mixed portfolio including both residential and commercial premises.

Our Property Owners Insurance covers your buildings and any contents as standard. It also includes Public Liability insurance so that if a tenant or third party hurts themselves while on premises you own, you are protected against any compensation claims.

What cover does our Property Owners Insurance provide?

• Buildings insurance of £5 million (up to £10 million maximum)
• Landlords contents of £250,000 (up to £500,000 maximum)
• Public Liability insurance of £2 million (up to £10 million maximum)
• Unlimited cover for glass and sanitary ware
• Increased unoccupancy cover from 30 to 90 days
• Theft and Malicious Damage by tenant covered automatically up to £10,000 per claim
• No claims discount available at renewal
• Minimum premiums from £100 +IPT for Buildings only and £70 + IPT for Contents only cover
• Standard excess of £200 for Landlords Contents and Buildings with £100 or £500 options available
• Multiple premises discounts
• Engineering Breakdown cover, including up to £250,000 for Computer Equipment, a maximum of £15,000 for Frozen or Chilled Foods and up to £5,000 for other Perishable Goods
• Option to add accidental damage to Buildings and Landlords Contents
• Floor Coverings up to £5,000 as standard, this can be increased
• Loss of or Duplication of Keys up to £15,000 if Buildings insured
• Damage to gardens caused by emergency services up to £50,000 for any one claim
• Free 24 hour advice lines for health and medical assistance, emergency assistance, glazing, legal advice and stress counselling
• Damage caused by illegal cultivation of drugs
• Legionellosis liability cover up to £100,000
• Environmental statutory clean up costs up to £100,000

Optional covers include:

• Rent receivable of £1 million (up to a maximum of £1,500,000)
• Employers Liability insurance of £10 million
• Personal Accident insurance of £50,000
• Commercial Legal Expenses of £250,000, with repossession cover as standard
• Terrorism

For more details, contact us to discuss your requirements.