Wednesday, 25 May 2011

HomeLet Insurance Warns Landlords of their Obligations

HomLet the Landlord and Tenant insurance specilaist has just sent out it's May newsletter to agents.

One of the topics that took my eye was their comment about the great weather that many have been experiencing, especially in south east England recently and some of the possible perils summer brings?

• If a window cleaner, gardener or tenant injures themselves on your property, are you covered if they sue you?
• Do you have expensive garden furniture and BBQ’s in your garden?
• Do you have emergency assistance cover if a disaster at your property was to happen this summer?

No one wants to dwell on the worst, but as a conscientious landlord you must prepare for these possible eventualities. Often putting something right after a disaster is much more costly and difficult than being prepared.

Many people will be aware of specialist landlord’s insurance tailored specifically for rental properties, but when HomeLet conducted some independent research with landlords, they discovered a massive 73%* of landlords with more than six properties are not aware of specialist landlord insurance and could have substandard cover.

If you would like information about specialist landlord’s insurance from HomeLet please click here

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