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House insurance for parents

I am looking for house insurance. I own the house and my parents live there.
I have been told that I need a landlords insurance policy even though my parents do not pay me any rent.
Is this right?
If so who is the cheapest to insure with?

Comments

  • InsideInsurance
    InsideInsurance Posts: 22,460 Forumite
    10,000 Posts Combo Breaker
    Standard home insurance requires that the property is your main residence hence pushing you to landlords.

    Do you have a contract with your parents for them living there or is it a more informal setup?
  • Faith177
    Faith177 Posts: 2,927 Forumite
    Part of the Furniture 1,000 Posts
    David some brokers can arrange buildings only cover on a normal policy with family occupancy give them a try.

    Your mum & dad may have to take out their own contents insurance though.
    First Date 08/11/2008, Moved In Together 01/06/2009, Engaged 01/01/10, Wedding Day 27/04/2013, Baby Moshie due 29/06/2019 :T
  • davidshads
    davidshads Posts: 131 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Standard home insurance requires that the property is your main residence hence pushing you to landlords.

    Do you have a contract with your parents for them living there or is it a more informal setup?

    No contract just an infromal agreement.
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