What does landlord insurance cover?
What does landlord insurance cover?
Protect your property from the costs of damage and repairs caused by an insured incident. Get suitable landlord insurance from Just Landlords.
What is landlord insurance?
Landlord insurance can provide financial cover if something goes wrong at your rented property, such as loss of rent following an insured event, damage by tenants, or unauthorised alterations. As standard, our landlord insurance policy includes 40 covers, including building insurance and contents insurance.
What can landlord insurance cover?
Landlord insurance can cover the risks that come with renting out your property—ones that standard home insurance typically won’t. This can include tenant-related damage, loss of rental income if your property becomes uninhabitable, and liability claims if a tenant or visitor is injured.
Below, we’ve outlined what can be included with your policy.
Does landlord insurance cover contents?
Yes, contents insurance is included with our policy as standard, covering costs of up to £5,000 per incident. A higher amount of cover can be requested for an increased premium.
Contents includes moveable items within the property that aren’t fixed to the structure—essentially, anything a tenant can use but doesn’t own.
Contents insurance can cover your household items, including:
- Furniture
- Appliances
- Curtains
- Electrical equipment
Does landlord insurance cover the building?
Our landlord insurance policy includes building insurance as standard. This type of cover can help protect the structure of your property, such as walls, roofs, ceilings, windows, and floors. If your property is damaged by an insured event like fire, floods, or vandalism, buildings insurance can help cover the cost of repairs or even a full rebuild.
Does landlord insurance cover loss of rent?
Loss of rent cover is included in our policy as standard. It typically applies if your tenants are forced to move out due to an insured event, such as a fire or flood. This can help prevent the loss of rental income while your property is being repaired.
Does landlord insurance cover fire damage?
Our landlord policy provides cover for fire damage to buildings and contents. This cover can help pay for repairs or reconstruction if your property is damaged by a fire, so you can restore it without facing significant costs.
Does landlord insurance cover water damage?
Water damage is generally covered by landlord insurance, but the level of protection depends on the policy and the cause of the damage.
For example, water damage caused by floods or burst pipes can typically be covered under buildings and contents insurance. However, damage from gradual leaks may not be included, so it’s important to check your policy details.
Does landlord insurance cover tenant damage?
Yes, our policy can cover tenant damage. This type of cover can help with repairs or replacements in cases such as:
- Water damage from an overflowing bath
- Broken windows
- Damage to fittings or fixtures
Many standard policies don’t often cover malicious damage by tenants because they are designed to cover unexpected damage, not intentional damage. However, we provide it as standard with our landlord insurance policy.
Does landlord insurance cover tenants’ injuries?
Our landlord insurance includes cover for property owners’ liability and legal liability as occupier or landlord. This can offer financial protection if someone is injured on your rental property and you’re deemed legally responsible, offering cover for legal costs and compensation claims.
Policy limits and exclusions may apply—please see our landlord insurance policy wording for full terms and conditions.
Are there claims that landlord insurance will not cover?
While landlord insurance can provide protection, some exclusions apply:
- Shared property: Landlord insurance is designed for non-owner-occupied properties. You may not be eligible if you rent out a room in your own home.
- Tenant belongings: Most landlord insurance policies don’t cover a tenant’s personal belongings in the event of theft or damage. Tenants should arrange their own contents insurance.
The cost of landlord insurance depends on factors such as your property type, level of cover, and location.
Some key factors that can influence your premium include:
- The type and value of your property
- The location of your rental home
- The level of cover you require
- Additional risks such as tenant type or property condition
To get an accurate quote, it’s best to compare policies and choose a suitable level of protection for your requirements.
Why choose Just Landlords for landlord insurance?
We aim to provide excellent service at Just Landlords. It’s why we’ve been awarded a 5-star rating by Defaqto and over 1,000 customers have rated us “Excellent” on Trustpilot. Plus, our landlord insurance provides 40 covers as standard, to help provide financial peace of mind should something happen at your property, such as damage or theft.
FAQ
Please note that these Frequently Asked Questions are not a substitute for the policy wording. For full terms and conditions please see the policy documentation.
What additional insurance policies can be beneficial to landlords?
These additional policies can provide further protection:
- Rent guarantee insurance: Can help cover lost rental income if tenants fail to pay.
- Legal expenses insurance: Can help with legal costs associated with the eviction of a tenant due to rent arrears.
- Unoccupied home insurance: Can provide protection if your rental property is vacant for an extended period.
Is landlord insurance mandatory?
No, landlord insurance isn’t legally required, but it’s sensible to consider it. Renting out a property comes with risks, and landlord insurance can help protect against potential financial losses. It can cover damage to your property, legal disputes, and even loss of rent, to help protect you financially. Plus, many mortgage lenders require it if you have a buy-to-let mortgage.
Does landlord insurance exclude maintenance and wear and tear?
Yes, landlord insurance typically doesn’t cover general maintenance or wear and tear. This means things like ageing pipes, worn-out carpets, or general property upkeep that are the landlord’s responsibility. Insurance is designed to cover sudden and unexpected damage rather than gradual deterioration over time.
Does landlord insurance cover damage to a neighbour’s property?
This depends on the circumstances. If your property causes damage to a neighbouring home—such as a burst pipe leading to water damage next door—your landlord liability insurance may cover the costs. However, intentional damage or damage due to neglect may not be covered. It’s important to check your policy details to understand what’s included.
