Landlord Insurance - Will this cover our loss?

ianianian_2

Evening all,

I've just lost my wedding ring on holiday... gutted!

I've literally no idea why I haven't had it insured - I realise I'm an idiot, so I'd appreciate you not pointing this out to me!

I'm in the process of checking if our travel insurance will cover the loss (I doubt it) and wondered whether landlords in furnished apartments would normally have some sort of contents insurance and whether it would cover such a loss. Any ideas?

We don't have contents insurance ourselves as our 20 year old TV and my dodgy wardrobe probably isn't worth it!

Thanks!!!

simpywimpy

A landlord is unlikely to cover your contents even if in the home. For a loss out of the home, even a house owner with their own cover would require an extra where you are covered for valuables out of the home

InsideInsurance

So you are the landlord or the tenant? Did the wedding ring come with the property?

Landlords insurance only covers the landlords items. As we are realistically talking beds, sofas etc and not landlords providing their tenants with jewellery its not going to be covered

*Scarlett

If you don't have home contents cover (and cover for items away from home) then you cannot claim from the landlord

The landlord will insure the building but it's up to you to insure your contents.

A basic premise of insurance is that you have to have a financial interest in anything that you want to insure and the landlord would not have any financial interest in your wedding ring.

Hopefully you'll have some luck with your travel insurance.

roonaldo

For a start, if I were the landlord I'd say get your own insurance. Then there's the fact no it doesnt cover it anyway.

McKneff

Have you looked at your travel insurance excess, you could probably get a new wedding ring for less than this.


You really should get contents insurance, what about people around you, a fire or flood in your place could impact on others around you and you would be paying people back for life.


you can get contents insurance for less that £1 a week from some companies.

whatmichaelsays

ianianian wrote: »

We don't have contents insurance ourselves as our 20 year old TV and my dodgy wardrobe probably isn't worth it!

Thanks!!!

There's more to think about than just your electrical goods. For instance, if your clothing was damaged due to fire or flood, this would be covered. A couple of half-decent suits could easily be more than £200, before you factor in your electrical goods, jewellery, ornaments, etc.

PasturesNew

whatmichaelsays wrote: »

A couple of half-decent suits could easily be more than £200, before you factor in your electrical goods, jewellery, ornaments, etc.

That's assuming the OP has goods of such high value.

Me.... I've no suits/clothes close to £200 (£10-20 is more likely for "best"); no real electrical goods; no jewellery; no ornaments.

Not everybody leads that lifestyle.

weejonnie

But remember that a 20 year old TV has to be replaced by a brand new one!

Landlords Insurance definitely won't cover a tenant's property (lack of insurable interest).

With regards to the travel insurance - to stand any chance you will have had to report the incident to the local police and, if the wedding was recent, have a receipt of purchase. Then they might consider the claim - subject to wear and tear deduction and the excess.

Home contents insurance wouldn't have covered the ring anyway as 'accidental loss' is not an insured peril, especially away from the home, unless you had taken out specifically 'all-risks' cover.

ianianian_2

Thanks folks - that's a resounding no then!

The idea just came from someone saying that content insurance would cover it... and someone else mentioning that a landlord with a load of white goods in the house would probably have contents insurance.

Was a shot in the dark... that missed!

Thanks anyway!