Landlord Insurance FAQ
Please see below for a list of common questions about our policies. If you have a question that is not answered below, please Contact Us.
Who can apply for this type of policy?
Property owners who intend to rent out their property for residential purposes.
What are the advantages of the Landlord Insurance Policy?
- One single policy to cater for the needs of a landlord.
- Competitive premium.
- A policy which is easy to read and understand.
- Protection of Rental Income (including rent default)
How do I establish the Sums to be insured under the Landlord Insurance Policy?
Buildings The Sum Insured should represent a calculation of the full rebuilding cost (not market value) which does not include the value of the land upon which the property is built, but includes fixtures and fittings, boundary walls, gates and fences. Landlord’s Contents The Sum Insured should represent the full value of all household contents, belonging to you including fitted kitchen and built – in appliances. Rent Guarantee The Sum Insured should represent the maximum monthly rent income as noted on your contract if lease.
Is my liability towards third parties covered under the Landlord Insurance policy?
Yes it is. As the Landlord of the property rented out you have certain responsibilities at law. The Public Liability section will protect your liability at law in the event that a tenant is injured on your premises. This section also covers your liability for loss or damage to your neighbouring premises as a result of an incident that is caused through negligence or omission on your part.