Various Advantages Present with Landlords Buildings Insurance

The landlord building as well as the contents insurance has been created particularly for those who let their property out. The landlord insurance differs from the usual household insurance in the context that it lets the paying tenants to stay unsupervised on the owner’s property, while still having proper cover for the property. www.uklandlordinsurance.com offers highly beneficial landlord insurance ranges that help property owners immensely.

What Do Property Owners Get?

The comprehensive landlord insurance cover provided includes the following conditions

Malicious damage including vandalism brought about by tenants as well as their guests.

Cover includes student lets too with a small percentage of discount

Non-occupancy insurance coverage for nearly 120 days in case the tenants are students, and till 60 days for tenants other than students. This ensures that the property is well-protected both outside the term arrangement and also the empty occupancy period that occurs between lets.

In case the property is rendered inhabitable, the tenants will be given alternate accommodation or the owner will be compensated for the rent loss to nearly 30% of the cost needed for reconstruction of the property.

Detection of leaks in pipelines, floor repairs and that of the ceiling and walls is also covered.

Insurance Cover Provided

The landlords insurance effectively covers theft, fire, lightening, vandalism, leak in oil or water, storm, smoke and subsidence, which excludes damage to the out buildings, fences, drives, patios, outdoor areas like swimming pools, terraces, gates and walls. The extra fittings like satellite dishes, broadband equipment as well as Wi-Fi come under the insurance cover too.

There are also added benefits like option to choose the cover for the building you want specifically, if you own more than one building, facility to add legal expenses for recovery of the arrears in rent and repossession, and the expenses needed for emergency repair of the property.