How To Protect Yourself From Rental Risks
As a landlord, there are a lot of risks when it comes to renting out a property. There are a few ways you can help reduce these risks and ensure you can continue to rent and make the most of your property. One of these things is Landlord Insurance. So, read on to find out more about Landlord Insurance, what it includes and how it can help you.
Why Do You Need Landlord Insurance?
You may think that landlord insurance is something you can live without, but the statistics tell a different story. Around a third of UK landlords have had their properties damaged and it could just as easily happen to you. So if you are wondering, ‘do I need landlord insurance for a rental property?’, the answer is probably yes – no property is entirely safe from damage and rental properties are no different.
Some of the things that landlord insurance can protect you against include events that can’t be predicted such as natural hazards like fires or floods. In these events, landlord insurance can even cover the cost of rehousing the tenants and possibly your loss of rent. It can also be beneficial in terms of events like vandalism or issues that wouldn’t be covered by ordinary home insurance.
What Does Crowthorne Landlord Insurance Cover?
Here at Crowthorne, we offer a range of insurance choices to make sure you can find one that suits your needs. To help with your rental property, Crowthorne landlord insurance can offer specialised benefits for you. This policy covers your property for 60 days when empty, for example. You can also benefit from the fact that the policy can be altered at any time so that any changes in your needs can be accommodated.
If you are looking for insurance for a let property, Crowthorne can help you. Our professional and experienced team have practice in the area and can be sure to help you with your letting insurance. If this is something that you think could help you as a landlord, make sure to get in touch so that our team can answer any of your questions and make sure that you get the best option for your circumstances. Be sure to let us know of any specific requests you have, and we will do everything we can to help you get the insurance that you need.
