These are some of the best landlord insurance for you to compare when renting out your your property.
- Home Protect – Landlord Insurance
- Simple Landlords – Landlord Insurance
- AXA – Landlord Insurance
- Premierline – Residential and Commercial Landlord Insurance
Home Protect is a company that specialises in landlord insurance. Their landlord cover includes legal cover for disputes with tenants. They provide cover for flood risk areas.
There is also a £7 500 of content cover included up to £5 million cover for public liability insurance.
Get a quote, here: Home Protect
Get a quick quote online or by telephone by ringing Simple Landlords. They explain in simple and plain English to help you understand your insurance cover. You can ask them to explain all the options available to you so you get the correct cover that you need.
You can get up to £2 million for building cover for you to do any structural repair.
Get a quote, here: Simple Landlords
AXA offers you owner’s liability cover (up to £10 million) as well as building insurance to repair your property. They offer you cover for up to 10 properties for a single policy.
If you choose to pay by monthly instalments they will not charge you any interest.
Get a quote, here: AXA Landlord Insurance
Premierline offers commercial or residential insurance. When giving you a quote they will compare quotes from a number of insurance providers.
You will not have to pay it all together as they provide monthly payment plans.
Get a quote, here: Premierline Landlord Insurance
How we selected the companies
We needed a way for us to best select the companies on our list.
This list was selected by looking at reviews from independent market research companies.
- Simple Landlords: Feefo – 4.2 Stars / 5 Stars
- Home Protect: Defaqto – 5 Stars / 5 Starts
- AXA: Defaqto – 5 Stars / 5 Stars
- Premierline: Feeto – 4.6 Stars / 5 Star
Do you need a landlord insurance?
Regular home insurance do not cover rented properties, so you should get a landlord insurance to get proper protection. This is not legal a requirement but it could be worthwhile if you are renting out the whole property.
A typical landlord insurance cover
- Content cover (fridge, cooker, furniture).
- Repairs or rebuilding (if property get damaged).
- Money to replace locks or change keys.
What it might not cover, could include:
- Damage caused by floods or storms.
- Natural depreciation of building and property.
- Damage caused by repair, decorating or alteration of property.
- Look at your individual policy to see all the exclusions to your cover.
You might be able to get discount for insuring multiple properties.
Will the landlord insurance cover tenant’s contents
Typically the Landlord insurance will not cover any tenants’ valuables or personal items. You might need to get this added onto your insurance plan.
If you would like more information about insurance regulations, go to: Association of British Insurers.