Buildings insurance copy for tenant

marc3

As landlord, i obviously have buildings insurance.

whilst there are various certificates that MUST be provided to tenant, i am unsure whether they :

MUST
RECOMMENDED (good practice ).
NO 'RULE' either way.
nOT NECESSARY UNLESS TENANT SPECIFICALLY REQUESTS AND IN THAT INSTANCE MUST BE PROVIDED

be provided with a copy of the building insurance .


no agenda here-i simply do not know the legal facts on this and am interested.


those in the know for deffo-kindly advise

thank you

da_rule

As far as I am aware, there is no statutory requirement for you to display/provide your insurance certificate. However, the tenancy may give the tenant the right to view/inspect the documents (however this would be rare, I’ve only seen it in cases where a tenant also has to contribute towards service charge etc).

martinthebandit

Is there a reason why you wouldn't want to give your tenant a copy?

Just curious.

theartfullodger

martinthebandit wrote: »

Is there a reason why you wouldn't want to give your tenant a copy?

Just curious.

Quite:. Why ever not. Blimey, tenants are usually required to provide shed-loads of sometimes very detailed and personal information. Including sometimes copy of their insurance policy for their goods and damage to landlord's property.

But it's weird that I've only twice been asked by tenants to confirm I have insurance and never asked for a copy.

babyblade41

Never been asked to supply copies as it is my problem if anything goes wrong unless tenant has to pay towards maintenance

If they ask I would have no problem but I would wonder why they needed it

davidmcn

Why would the tenant be interested in buildings insurance? If the place burns to the ground then in reality they're going to go and find somewhere else to live, not hang around waiting to see who pays for getting it rebuilt. If it's a smaller claim then may well be within the excess anyway.

AdrianC

There isn't even a legal requirement to have buildings insurance.

If the tenant is so pernickerty that they give a toss (and there's zero reason why they should), then just give them a copy. It's hardly a state secret.

theartfullodger

davidmcn wrote: »

Why would the tenant be interested in buildings insurance?...........

The policy will tell tenant if it is a Buy2let policy (ok...) or just a homeowner's policy (oh dear, no payout to anyone including landlord, probably bankrupt) or no policy at all (ummm... don't think one can trust such a clown of a landlord)

silvercar

Every year, I remind the tenant that I have insured the building and the landlord contents within the property but that they are responsible for insuring their own contents.

If you are just going to send a copy of your insurance to the tenant, they may think you are covering their contents, so safer to make clear that they need to do this.

silvercar

theartfullodger wrote: »

The policy will tell tenant if it is a Buy2let policy (ok...) or just a homeowner's policy (oh dear, no payout to anyone including landlord, probably bankrupt) or no policy at all (ummm... don't think one can trust such a clown of a landlord)

I've just looked at my insurance policy document. It makes no mention of the type of mortgage I have. Not sure why you would think that an insurance document would quote the mortgage type?

AdrianC

...if, indeed, the landlord even has a mortgage on that property.