Landlord insurance required to be purchased by tenants

cmdcishe

We had to move to our current rental property quickly due to the timing of exchanges and starting a new job.
At the last minute, we found out from the agency that we had to purchase an insurance product that provided accidental damage against the landlords property ( the property is unfurnished). Cost £90.
We paid it under duress.

The contract is now up for renewal. We don't want to move due to
conveninence, location etc. But again we have to pay this annual insurance. I've tried to find a competitive quote from another provider but to no avail. The insurance companies provide landlord insurance that is paid for by the landlord. Does anyone know of another provider of this product ? Can we take action to not pay for this insurance but still remain in the property? There are no other outstanding legal issues or financial payments.

Any advice would be much appreciated.

thanks

C

maninthestreet

The property is unfurnished - so how are you going to damage anything in the property owned by the landlord?

robpw2

i wouldnt pay it

blued

When I rented all that I had to take out was contents insurance for my own possessions. A landlord should have buildings and contents insurance (if furnished) of his own. I'm currently looking at taking out landlords insurance and have noticed that some policies don't have the option to add accidental damage to contents but my opinion would be that the insurance for any contents other than your own is the responsibility of the landlord.

blued

maninthestreet wrote: »

The property is unfurnished - so how are you going to damage anything in the property owned by the landlord?

Depends what it means by unfurnished. Mine will be unfurnished but there will still be the oven, fridge freezer, washing machine and tumble dryer. Landlords building insurance will cover fixtures and fittings but not white goods.

jjlandlord

blued wrote: »

Landlords building insurance will cover fixtures and fittings but not white goods.

Landlord insurance may cover, it depends on the policy.
In any case it is for the landlord to insure his property, not for the tenant.

blued

jjlandlord wrote: »

In any case it is for the landlord to insure his property, not for the tenant.

I agree with that!

Wyndham

There is something called 'insurable interest'. And you don't have it in the landlords property (but would have it in your own). So, the policy is really unlikely to pay out anyway making it a complete waste of money.

I'd refuse to pay it.

angrypirate

Take out a policy with another company, show the LA that you have insurance by showing them the certificate and then cancel it within 14 days for a full refund. Everyones happy and the LA are non the wiser

westv

Wyndham wrote: »

There is something called 'insurable interest'. And you don't have it in the landlords property (but would have it in your own). So, the policy is really unlikely to pay out anyway making it a complete waste of money.

I'd refuse to pay it.

Well, in theory, you do. If the LL were to make a claim on their policy for, say, a broken oven caused accidently by the tenant then the insurance company could theoretically subrogate against the tenant for the cost of the replacement.

PasturesNew

I rented furnished and chose to take an additional insurance add on to cover LL's belongings. Endsleigh it was, but I think my contents and his contents -and- another add on that covered me in case of emergency callout to fix things (e.g. if I came home and the door was kicked in/windows smashed, it'd cover the callout and getting it all made secure again immediately without having to rely on the LL being available/fixing it at 3am). And I doubt mine was more than £100 for that lot.