HHLE Property Matters Autumn Winter 21 - Flipbook - Page 24
Insured as a
As a landlord, the importance of having a comprehensive insurance policy
cannot be understated. From extreme weather to injuries or accidents,
having the correct policy can ensure you and your property are covered
should the worst happen. Sarah Gemmell, Lettings Manager for the North
Lakes, highlights what you should bear in mind if renting a property.
North Lakes Lettings Manager
T: 01228 810799
Landlords’ insurance is something every landlord should filter into their
annual expense of running a rental property. No-one likes to anticipate
problems or dwell on negatives, but it is essential to be mindful that matters
out of our control can unfortunately have an enormous impact on our
properties. From fires to flooding, we all know the scenes and the aftermath
for all those involved.
Landlords’ insurance typically covers the bricks and mortar of a property,
and a tenant will be responsible for their own contents. At H&H Land &
Estates, we always emphasise the importance of tenants arranging their own
contents cover. Sadly, however, many often see this as a grudge purchase
and don’t bother, which may well leave them in a poor situation should the
worst happen or should theft occur.
There are some landlord policies out there which also cover the landlord
should their tenant default on rental payments. Legal expenses and legal
advice can also be covered within the premium which provides overall peace
of mind. H&H Land & Estates can offer this service as part of a management
package and would be happy to discuss requirements. Our team offers a
specialist range of professional services to property owners, covering not
only farms and land but also commercial, leisure and residential interests.