10:42 AM, 2nd March 2016, About 6 years ago 13
I have a landlord insurance query that I hope some may be able to advise me on.
I am looking to get landlord insurance on a buy-to-let flat (yet to exchange) within a house that’s been converted into 4 flats in total. I will have a share of the freehold of the flat, which is held within a company. The company has a block buildings insurance policy and I therefore only need public liability insurance (the flat is unfurnished so I don’t need contents insurance).
I have spoken with a landlord insurance company and they informed me that I could not purchase public liability insurance on its own and had to have a form of contents insurance or building insurance in order to get this – is this correct?
I’m a little confused as I don’t want to buy extra insurance unnecessarily and I only want the public liability bit to insure me against any accidents the tenants may have (and possible accidental damage by tenants and track and trace).
Before I knew about the block insurance, I got a quote online, which included public liability and buildings insurance and this was roughly similar to the price I will be paying for the block insurance policy. The quote I was given on the phone when I just asked for public liability however, was even higher than this, which seems strange if it doesn’t include the buildings insurance aspect.
I want to make sure I’m getting the correct cover and not getting cover twice, so any advice would be very much appreciated.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Advice and implementation provided by a practising Barrister-At-Law with £10,000,000 of Professional Indemnity InsuranceBook Now
Previous ArticleBeneficial Trust to wife now tax is going to bite?
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|