Buy to let insurance

devox

Hi all, first post here so be gentle.

I've just bought a property to let out in London and am having trouble finding good insurance relatively cheap.

Has anyone found a good provider?

Thanks in advance

Gorgeous_George

Difficult to know how good insurance is unless you have a need to make a claim.

I used Xbridge last time. I find it is cheaper to change every year. The savings are not huge but I dislike high %age rises over the previous year when I've not made a claim. The companies go that extra mile to win your custom but seem less eager to retain you when renewal comes around.

I've owned a house for 21 years and a BTL for 5 years. Only ever claimed twice totalling about £500 - both on buildings. If these claims happened today I probably wouldn't bother claiming.

I believe my insurance for the BTL includes a small Contents liability as well as the rebuild costs.



GG

Bargain_Hunter_14

I use leaseguard which was one of the cheapest when I shopped around. I have luckily never had to make a claim though so not sure how they are at handling claims. The web address is https://www.leaseguard.co.uk but I did mine over the phone.

Bernie

Bargain_Hunter wrote: »

I use leaseguard which was one of the cheapest when I shopped around. I have luckily never had to make a claim though so not sure how they are at handling claims. The web address is www.leaseguard.co.uk but I did mine over the phone.

Crumbs - they quoted well over £400 for my BTL - not too clever against the £249.50 renewal charge from PAX Insurance that I was trying to better!

Unfortunately, I believe they only insure members of the Armed Forces (present and in my case, past)...

:beer:

dunstonh

if its just buildings insurance then its a doddle to get it without any rating/increase on the policy. If you want contents then its not that difficult either. However, internet providers seem to be fussy on this but it isnt an issue for brokers.