Why choose landlord insurance?
When letting a property to an individual or group of people, it is vital to insure the property fully and properly. Landlord insurance doesn’t only protect your property, it protects the income that you gain from letting it.
It is also worth noting that if you purchase an insurance policy without advising the insurance company that you’re a landlord, the insurance policy may not cover you or your property.
Keep your insurer updated
It’s important that you’re completely open and honest with your insurer about any changes to the property. This includes informing your insurer when the property is left empty for some time or the tenant is due to change.
To ensure that you get the right policy for you and your rented property, it’s extremely important that you compare policies and see how the costs and features vary. Castle Financial & Mortgage Services are here to help you. Please get in touch if you need any advice.
Advantages of landlord insurance
- Rent protection
- Property protection
- Protects your property & income
- Contents cover can be added
- Malicious damage is covered
- Lock replacement usually covered
- Liability cover usually included
- Legal expenses sometimes covered
Get in touch for more information
