Insurance – time to review

The start of another financial year and it’s the perfect time for owners to review their Land Lord insurance policies and make sure everything is up-to-date.
It is important to have a proper Land Lord policy in place because a standard domestic property policy cover just does not cover the risk to landlords.
A good policy will cover malicious or accidental damage by tenants, theft, storm and water damage.
Fire and storm damage should be standard in any policy. Loss of rent only applies if there is damage to the property that makes it un-inhabitable. It does not cover un-tenanted periods under normal circumstances.