Buildings and Contents Insurance

[Catneedtosell]

Wondered if someone could just clear something up for me.

We currently rent, and have contents insurance with tenants liability. We know that our landlord has the buildings insurance, but someone has said that a landlord has to have contents insurance for items like carpets/kitchens/bathroom items ... is this true, I thought this is what the holding deposit was for (to replace)?

[Gazza]

Hi

It is not a requirement that the landlord has to have these items insured. However there are many insurance companies whose policy cover differentiate on what is and what is not covered.

Some landlord building policies would automatically include fitted kitchens and sanitary ware within the policy, some may even include carpets as part of fixtures and fittings. Should this not be the case the landlord does have the option to take out a small amount of contents cover should he wish to do so.

But as you are aware there is no legal obligation to insure either your (the landlord) buildings or contents be it either a let or private property but it is a risk that the majority of the country insure against.

I understand what you are saying with respect to the landlord retaining the deposit in the event of a claim against an uninsured item.

[paul_c]

Wondered if someone could just clear something up for me.

We currently rent, and have contents insurance with tenants liability. We know that our landlord has the buildings insurance, but someone has said that a landlord has to have contents insurance for items like carpets/kitchens/bathroom items ... is this true, I thought this is what the holding deposit was for (to replace)?


The LL doesnt have to have insurance but its sensible to do so. If a tenant trashes the property the deposit held by the LL won't go anywhere near to the cost of replacing furnishings, fittings, redecorating etc etc. In most cases replacing the carpet or flooring alone would cost more than the deposit held, hence the need for insurance.

[Jonboy]

hence the need for insurance

hence the need for referencing,

claims to insurance just count against you! you should not rely on insurance to sort out damage, it is a last resort!