Statistics unveil top ten landlord insurance questions

If you are a landlord wondering what landlord insurance covers then you are not alone.

New findings from Confused.com reveal more than 8,000 people searched for “what does landlord insurance cover”.

The findings also reveal more than 9,000 people searched for how much landlord insurance costs.

How much is landlord insurance

Confused.com’s home insurance reveals the top ten home insurance FAQs for rented properties:

Prices of landlord insurance can vary

Matthew Harwood, home and lifestyle expert at Confused.com home insurance, says the price of landlord insurance can differ depending on the property’s conditions.

He says: “The price of landlord insurance in the UK varies. It can depend on your property’s value and how much protection you want. It can also depend on where your property is, the kind of tenants you have, and if you choose extra cover.

“Costs can range from a few hundred to several thousand pounds a year. It’s worth comparing a few quotes to find the best price for your needs.”

Contents insurance

Mr Harwood explains landlord insurance tends to cover the cost of repair to your building if it’s damaged by fire, flood, or other serious risks.

He adds: “It can also cover you if someone gets hurt on your property and sues you. Plus, it might cover lost rent if something happens to the insured property.”

Mr Harwood says it’s important for tenants to have contents insurance.

He said: “If you’re renting, you don’t need building insurance – that’s your landlord’s responsibility.

“But it’s wise to have contents insurance to protect your personal belongings. Buildings insurance is for the actual structure of the building. Contents insurance is for your items inside the property.”

Here at Property118, we have teamed up with The Home Insurer which helps provide a top-class service and could help save you money on landlord insurance. Please fill out the form below and one of the team will get back to you or better still you can call the team on 01832 770965.

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