Landlord Emergency Cover
26

by Jason McClean

3 years ago

Landlord Emergency Cover

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Landlord Emergency Cover

I’ve worked out that if I’d have had the Platinum version of Landlord Emergency Cover I’ve just taken out on two of my properties over the last 12 months it would have cost me £139.98 and saved me £1,100 and a whole load of stress.

The Housing Charity “Shelter” seem to believe that whenever a tenant reports a problem they will get evicted and have even managed to convince some politicians of this. Given that the Bill they proposed was defeated in the House of Commons recently, perhaps this cover is the way forward? I doubt it will be made compulsory but I can’t think of a single reason why any GOOD landlord would not wish to have this cover in place!

As many of you will know, off the back of the insurance company sponsorship of my superbike racing team I managed to negotiate a GUARANTEE to beat any ‘like for like’ landlords insurance quote for Property118 members. The take up has been phenomenal and both the insurance company and the Property118 members who have taken up the challenge are delighted. For details click HERE 

I think I may have pulled another rabbit out of the hat in terms of Landlord Emergency Cover. This is complimentary to your normal landlord insurance policy, it is not a replacement landlord buildings and/or contents policy, but I think you will like it.

The cover costs from just £4.00 – £5.80 per property per month depending on cover selected. The tenant gets the insurance company details in case of a claim so if a problem occurs the tenant reports it to the insurance company.

A good example is a boiler breakdown. The insurers deal with the matter so that the landlord doesn’t need to get involved. The payout per claim ranges from £250-£750 depending on cover and you can have unlimited claims per year. Cover also extends to blocked drains, water leaks, lost keys etc. etc. I took out the Platinum cover at £69.99 per year because the £750 maximum per claim with unlimited claims will sort most problems.

But remember, this is not landlord buildings or contents insurance – it is emergency cover for breakdowns and problems.  Details of the cover can be obtained by completing the form below. Check the details for yourself, the website that you will be linked through to makes it really easy to understand.

Landlord Emergency Cover - MORE DETAILS

Comments

Alan Loughlin

3 years ago

shelter is full of total tosspots, the stupid article they came out with yesterday just proves this, they said that 500,000 people cannot afford their rent, well if they paid the rent first, then the essential bills, and then bought the fags, take aways nights out etc with what was left there would be no problem, but no, they spend on luxuries first, and then guess what, have no money to pay the rent. If shelter were to help people learn to budget, to prioritise the outgoings then there would not be the level of evictions.

Alan Loughlin

3 years ago

just remember folks, when you see shelter with the begging bowl out just say no, and tell them when they stop landlord bashing then come back, till then not a penny.

Michael Barnes

3 years ago

What is the effect of a claim on future premiums?

Gary Nock

3 years ago

Reply to the comment left by "Alan Loughlin" at "04/12/2014 - 11:14":

And as I found out the other day Laterooms are donating £5 a booking to Shelter. So if you book a hotel room through Laterooms then you are helping them to fund Shelter to kick our butts.

Alan Loughlin

3 years ago

just deleted them from my favourites list, will be sending a snotty email to head office later.

Mark Reynolds

3 years ago

I already have access to this insurance via another provider and is slightly cheaper - i offer this to my landlords as part of the managed service my company offers and covers everything you have stated - But thanks for offering me the opportunity to compare :)

Mark Reynolds

3 years ago

And thanks for the info regarding Late Rooms!!

As both an agent and landlord I will definitely be boycotting them!!

Gary Nock

3 years ago

If enough of us do it then they will change their name to Loadsofrooms.com because they won't be selling any :)

Alan Loughlin

3 years ago

how about a concerted effort from us to highlight all the bigotry and bias shown by these and how it is actually harming the homeless situation.

Alan Loughlin

3 years ago

has anyone seen the article today about Shelter, last year they paid their CEO MORE than they paid out to help the homeless..now that is something worth passing around.

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