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Thursday, May 24, 2012

Insurance cover for owners

By Giles Dawson


The best folk to get in contact with regarding insurance cover for landlords are internet agents who are experts in the field of insurance and what's on offer. Landlords insurance is rather different from standard house insurance so be sure, if you have properties which you let out to renters, that you purchase the right policy. Brokers can beat like for like quotations from other insurers and offer contents cover at cheap prices.

There are often low excesses and a large range of tenant types covered for instance:-

Professional employees

Scholars

Housing Organisation

DSS

Asylum seekers

A claims service that is unparalleled is available to take advantage of should your property be damaged or its contents stolen or vandalized. Options may also be added to a landlords insurance policy like lease guarantee and lease recovery if the renters default on payments or leave the property without giving you notice.

If you are unable to contact a broker request a callback where an advisor will call you back at a time convenient to you. You will be given lots of useful information regarding an insurance policy that covers each eventuality together with the simple way to retrieve your quote. Make sure you read your policy documents once you have received them to see exactly what's covered under a landlords insurance package.

Holiday houses, unoccupied property and any property that's being renovated can all be protected under landlords insurance, if you require landlord legal costs cover this can also be prepared at the time of purchase. This is exceedingly important to have if a renter sues you for negligence, maybe after having an accident in your leased accommodation and blame you for the situation. Do your prep prior to making that final decision about landlords insurance with the help of experienced online brokers who are waiting to assist.




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