A brief guide to landlords insurance

November 17, 2012

Landlords Insurance

Insurance typically offers a form of protection on which many enterprises rely – both to safeguard assets and to help protect the ongoing and smooth running of the venture. If you are running a buy to let business, therefore, you may find that adequate insurance has a vital, central role to play.

A closer examination of that role may be made by examining the components that typically go to make up landlords insurance.

Structure and fabric

At the very heart of any buy to let business, of course, is the property or properties let out to tenants. Investment in such property is likely to represent a very considerable sum. Whether it is a detached, semi-detached or terraced house, an apartment or an entire block of flats, however, there remains the risk of damage or even total loss of the premises as the result of fire, storms, impacts, flooding or vandalism.

To help safeguard the structure and fabric of your let premises against these kinds of risks, building insurance typically forms a key element in the insurance of buy to let property.


Landlords typically own a proportion of the contents of any let property – by very definition, of course, if a residential letting is furnished or semi-furnished. Not only might you want to arrange insurance for the contents, therefore, buy you may even buy such cover at a discount if it is combined with your building insurance.

Public liability

The owners of any property typically bear a duty of care towards those who visit it and towards members of the public. Public liability insurance, however, may be even more critical in the case of buy to let property, where landlords also have a similar duty of care towards their tenants.  Indemnity in the event of such claims may reach as much as £5 million.

The detail

Not all insurance policies for landlords are the same, of course, and choosing between them may involve a closer inspection of the detail and – possibly – consultation with a specialist provider, such as ourselves at CIA Insurance.

This might reveal, for example, that under the heading of building insurance some insurers, on some selected policies, include cover against subsidence whereas others do not.

You may also want to check whether the building and its contents are covered against accidental damage, since only certain selected packages are likely to include this as a standard feature.

With respect to keeping your business running in the event of an insured incident, you may also want to know whether you are going to be compensated for any loss of income and, if so, what limits might be applied.


If you are in the fortunate position of owning more than one buy to let residence you might care to investigate whether a multi property insurance plan effectively offers a discount on the premiums you are paying for each rental unit – this may involve checking how many properties you may need in your portfolio in order to qualify for such a facility.



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