Tenants insurance

Jacko_amz

Hi everyone,


I am going to be moving in to a rented property at the end of the month and need to get contents insurance. The estate agent is asking for insurance to cover landlords fixtures and fittings.


Would normal contents insurance cover this? when i do a comparison search there doesn't seem to be an option to include this?


Can anyone shed some light please?

hazyjo

Might be some helpful bits in this post from the last day or two https://forums.moneysavingexpert.com/discussion/5602169


Not entirely the same I don't think though, but some of the info will assist.


Jx

Jacko_amz

Thank you - although when looking for insurance which covers LL fixture and fittings i cannot seem to find an option for this.

Pixie5740

Why would you, or rather why would the landlord/letting agent want you, to insure the landlord's fixtures and fittings? If there's a fire/flood/burglary/whatever should the landlord be insuring his/her own fixtures and fittings. As for any damage you might cause to the fixtures and fittings, isn't that what your deposit is for?

MyOnlyPost

Pixie5740 wrote: »

Why would you, or rather why would the landlord/letting agent want you, to insure the landlord's fixtures and fittings? If there's a fire/flood/burglary/whatever should the landlord be insuring his/her own fixtures and fittings. As for any damage you might cause to the fixtures and fittings, isn't that what your deposit is for?

Worked properly insurance may be a better system than deposits as it would alleviate some of the deposit disputes we see all the time on here. Also I have a tenant carrying out unauthorised work in one of my properties and his deposit will nowhere near cover the damage he has caused if he doesn't make it good.

Guest101

You can still pursue the tenant via court for any excess over the value of the deposit

MyOnlyPost

Guest101 wrote: »

You can still pursue the tenant via court for any excess over the value of the deposit

Unfortunately I can't go into this as it's ongoing. I think we have reached resolution but it hasn't been completed yet. I know I could go to court to recover my losses but a court could say the tenant doesn't have the means to pay. If a tenant had insurance and had done what my tenant has done then they would in all likelihood be insurance blacklisted going forward and so wouldn't be able to do it to another landlord.

I like to see myself as a decent landlord and I afford my tenants all the privileges that they should have. I would like to see however a little more protection for landlords in extreme cases like mine coupled with a lot more protection for tenants from eviiction. I posted yesterday that I would support statutory 12 months notice for landlords to regain a property so long as it was being respected and rent being paid. In return I would like to see an easier system to evict tenants who seriously damage property or fail to pay rent for 3 consecutive months. I think that is a fair trade off

Jacko_amz

So i should dispute the request for insurance which covers landlord fixture and fittings?

Jacko_amz

this is whats been asked:


If you could please ensure you provide us with a copy of your contents insurance covering accidental damage to the landlords fixtures and fittings before your move in date

Out,_Vile_Jelly

I rented for over a decade and never took out contents insurance, as I have literally nothing worth nicking. My LL had 6 weeks rent as a deposit, which would have more than covered any damage to their cheap, ricketty bits of furniture and knackered kitchen.

I would consider taking out a policy, sending details to the agent, and then cancelling within the designated period (check the T&Cs carefully for this).

Pixie5740

Jacko_amz wrote: »

this is whats been asked:


If you could please ensure you provide us with a copy of your contents insurance covering accidental damage to the landlords fixtures and fittings before your move in date

Tell them that you cannot find any such insurance policy that will cover your belongings as well as accidental damage to the landlord's fixtures and fittings, and then ask the letting agent for the solution to the problem.

£10 says they try and sell you a policy.