Do I need Landlord insurance, confused!

delmonta

Hi Ashburnham

Thank you for the clear and concise advice. I will follow it up immediately

Thanks

snorebits

I would recommend making that call, as other posters have suggested. Insurance companies look for any way to wriggle out of paying up on a policy and if you haven't told them the house is let out then this is a perfect excuse for them.

In my experience the landlord insurance is more expensive, but not outrageously.

System

They may not even do landlord insurance.
When I did up our adjoining cottage for my mother to live in I asked my insurer what kind of insurance I needed - could it count as normal household? They said it needed landlord insurance, which they unfortunately did not do, so I took out a policy with another company.

There is provision in the cover for "landlord's contents".

delmonta

I am insure with lloyds currently and they do Landlords insurance. I am just going through an online quote to see what it wlll cost

delmonta

Would anyone know how to get the External floor area from the Internal floor area. I am filling out the BCIS calculator to try and work out how much my hosue would cost to re build! I have the internal area as it was on the original advert for the house. It's hard to know how much to add to get the external area.

In the Internal measurements, do they include hallways etc. or just the rooms?

Any help appreciated

POPPYOSCAR

MyOnlyPost wrote: »

What a peculiar thing to think

http://www.simplybusiness.co.uk/landlord-insurance/content-insurance/

If the property is furnished or part furnished of course the landlord can take out contents insurance, it just doesn't cover the tenants possessions

Yes you are right I was thinking of the tenants possessions.

Owain_Moneysaver

delmonta wrote: »

Would anyone know how to get the External floor area from the Internal floor area.

Go outside and measure the length and width of the ground floor walls, then multiply these two figures together.

If the upstairs is identical to the downstairs, simply double the ground floor area.

If it’s different, calculate the upstairs area separately and add it to the downstairs result.

delmonta

Unfortunately I live a few hours away from the house, as it is rented.

The internal area is 103m2. I dont know if that helps much. I.m not sure how accurate the insurers need it to be.

Owain_Moneysaver

Landlord insurance can also protect you against claims from your tenant, eg if a kitchen cupboard falls off the wall and lands on the tenant's head, or the property is fire or flood or leak damaged and uninhabitable and you need temporary accommodation for the tenant whilst it's fixed.

Cover conditions vary widely; many landlords include boiler/heating/plumbing maintenance cover so the tenant can call someone out in an emergency without it costing the landlord any extra.

Hasbeen

Check cashback sites for landlord insurance. Example Aviva giving up to £105 at moment.