Landlord insurance frequently asked questions
This section provides answers to commonly asked questions that landlords have, to help you make informed decisions
Here, you’ll find some of the most frequently asked questions about landlord insurance.
We’ve already mentioned that homeowners’ insurance won’t cover you if you rent your property out to tenants.
This is because while some landlord insurance policies might at first glance look similar to your home insurance policy, they are very different.
A standard home buildings or contents policy won’t consider the potential risks that landlords face, such as loss of rent and accommodation costs, should your tenants have to move out after an insured event, or your liability as a landlord if your tenant were to injure themselves on your property.
But if you have landlord insurance, do you still need homeowners’ insurance?
Since landlord insurance is a type of homeowner insurance that’s specifically designed for rental properties, you shouldn’t need to buy separate homeowner insurance cover.
Your landlord policy will cover you for many of the same things that your home insurance does but will also cover the risks that come with buy to let.
Standard home insurance and most standard landlord insurance policies will not provide cover for an Airbnb or a holiday home.
At Total Landlord we can offer a tailored UK holiday home insurance policy, that provides comprehensive cover, whether your UK holiday home is for family use only or let on short term rental agreements.
To arrange insurance for an Airbnb or a holiday let, you will need to contact the team directly for a quote on 0345 310 6336 or fill in a contact form on our website.
If you live in a property but are also renting some of it out, for example to lodgers, it is likely that your home insurance won’t cover you for any tenant related claims.
However, Total Landlord’s home insurance can accommodate up to six lodgers, including up to three at no extra cost. What’s more, where the risk is suitable for our household scheme, if you already have landlord insurance with us you can claim an exclusive 20% discount.
For more information speak to the team on 0345 310 6336.
If you are a landlord with a rental portfolio you will likely be looking for flexible cover. With Total Landlord’s multi-property landlord and portfolio insurance, you can insure up to 50 properties online or discuss your requirements with our team of experts.
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Between two and five
Six or more
You can choose from our Essential and Premier options to tailor cover to your specific needs.
The best landlord insurance policy is one that fully meets your individual needs without costing the earth or being so complicated that you don’t really understand what you are covered for and what is excluded.
The difficult part of the process is assessing your needs – after all, you don’t know when you commit to a policy whether you will need that cover for accidental damage to your property by a tenant’s guest.
While some policies may initially seem good value for money, it is worth checking whether you are covered for more than the basics – they may turn out to be too good to be true.
For instance, if you need to add on malicious damage by tenants and their guests, or property disputes support, this can increase the price of your premium quite considerably if they are not included as standard.
Total Landlord’s Premier policy includes a wide selection of enhanced benefits as standard, combining peace of mind with comprehensive cover.
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