LandlordZONE

02

Oct, 2014

Thursday

Results 1 to 5 of 5
  1. #1

    Question Is landlord legal expenses cover worth it?

    Hi, I’m trying to keep my insurance cost down, without actually taking on too much of the liability.

    I’m considering removing the landlord legal expenses which is an additional £30. When I read the policy details, and the hoops I need to jump through to get a claim pushed through, I’m not too sure I’d ever use it.

    After all, the objective is to get the place sorted and rented out again.


    What’s everybody else think?

  2. #2

    Default

    Ciccio, I have found the same as you, when some insurers offer legal expenses, especially when they say it is included automatically, the policy has more get outs than a colander.
    Important is not to skimp on your property cover. If you go for the cheapest, beware also the get-outs

  3. #3

    Default

    what about if its not included, and its a £30 uplift on the policy. Would you bother?

  4. #4

    Default

    I have included it in the past but only when I read thoroughly through it.
    I have not found a free one that gives the same cover as one you pay for.

  5. #5
    Join Date
    Jun 2008
    Location
    Andalucía
    Posts
    9,606

    Default

    If legal expenses insurance is a bolt-on you do need to look at it carefully. Ask yourself whether anything cheap can be much good.

Similar Threads

  1. legal expenses insurance / landlord's insurance
    By lademanchere in forum Insurance Questions
    Replies: 1
    Last Post: 11-10-2011, 11:33 AM
  2. How much Legal Cover is needed?
    By MickyV in forum Insurance Questions
    Replies: 3
    Last Post: 18-06-2010, 11:44 AM
  3. Landlord Legal Expenses Cover
    By SALL in forum Insurance Questions
    Replies: 4
    Last Post: 09-06-2010, 19:18 PM
  4. Insurance-Legal cover
    By Lynne13 in forum Residential Letting Questions
    Replies: 1
    Last Post: 30-07-2009, 16:09 PM
  5. INSURANCE landlord's legal expenses cover
    By inform in forum Commercial Property Questions
    Replies: 0
    Last Post: 13-09-2006, 13:43 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •