Cover for Loss of Rent Following a Claim!

Cover for loss of rent is quite important for a landlord, if the tenant defaults on paying the rent or incase there’s a calamity and the landlord’s property is damaged and he has to move his tenant from the damaged property and incurs a huge loss, in terms of loss of rent other than the damage caused to the property.

Landlord's Liability!

Landlord's Liability Insurance for buildings
Landlords Content Liability
Employer’s liability insurance

This covers the above two Landlord's Liability Insurance for buildings and Landlords Content Liability along with employer’s liability insurance. This coverage is specially meant for employers, to cover their employees against any accident or injury while at work.

Landlords Liability Insurance works in a similar way, if any of the tenants living in your property injures or damages themselves because of something that was faulty you had overlooked, you would be liable if they made a claim. Depending on the injury the person received, claims can be quite large. Landlords building insurance cover is normally provided for freehold properties, however they also cater for leasehold properties, such as individual flats within a purpose-built block or converted house (subject to terms). However, it is normally the freeholder’s obligation to insure the building.