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Letting
Residential or Commercial Properties?
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Insurance for landlords letting
Residential and Commercial Property - Insurance cover
for landlords is vital in today's litigious society.
Protect your investment and your business by obtaining
the best property and liability insurance for lettings.
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| Insurance
for Letting Residential Property |
| Insurance
for Letting Commercial Property |
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There is no law which says you must carry
insurance as a landlord, or as a tenant, but you'd both be very
foolish not to. |
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As more and more people let properties, policies
have developed to cater for the landlord's needs and cover can
often be extended just as required to cover almost any
conceivable letting eventuality |
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It is normal practice for residential
landlords to insure the building and their own contents and
additional risks and to pay for this - residential tenants
normally do not pay for the building and other risks insurance,
but they should take out insurance to cover their own contents and
possessions and should consider cover for additional risks. |
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It is normal practice for business or
commercial
landlords to insure the building and claim the premium payments
from the tenants - business tenants normally pay for the
building insurance.
Commercial landlords also need
additional cover such as public liability and employee liability.
They may also take out loss of rent and legal expenses cover. |
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as a substitute for specific legal advice - read the
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