Landlord Insurance & Protection
Supporting landlords through the complexities of property management
Our goal is to provide outstanding customer service while simultaneously fulfilling each of our clients’ requirements for both commercial and personal building insurance products.
At Gieva Estates we work closely with the leading providers for each financial product in order to fully support and protect our landlords.
What is Landlord Insurance?
Landlord Insurance offers financial protection for property owners leasing their properties to tenants. Unlike standard Home Insurance, it addresses various risks specifically associated with renting out a property. It is also known as Landlord Home, House or Property Insurance, or Buy-to-Let Insurance.
Is Landlord Insurance needed?
Legally, no. However, your rental property is a significant investment, making it essential to consider safeguarding it with appropriate Landlord Insurance. Standard homeowner’s insurance might not provide the coverage you need. As a landlord, you’ll face distinct challenges and risks that require tailored solutions. At Gieva Estates because we understand the many different challenges that come along with being a landlord we extensively research the market and partner with the best and cost effective insurance providers to safeguard your investment.
What does Landlord Insurance cover?
In addition to safeguarding buildings and their contents, Landlord Insurance policies can also provide coverage for:
- Damage to your property (by the tenant)
- Coverage includes lost rent and re-letting expenses while the property is uninhabitable due to an insured event. It also covers the cost of providing alternative accommodation for up to two years following such an event Re-letting costs – whilst the property is uninhabitable, as well as the costs of providing alternative accommodation for up to two years after an insured event.
- Emergency overnight accommodation (for your tenant)
- Emergency repairs
- Liability for injury or loss related to your rental property brought by third parties such as tenants, visitors or cleaners.
Landlord Contents Insurance
Landlord Contents Insurance safeguards the belongings you provide for your tenants to use while they reside in your property.
Content policies can cover employer’s liability, legal liability, and compensation for loss of rent or alternative accommodation expenses if tenants need to relocate due to an insured event.
It’s important to think about how much coverage you need before choosing a policy that fits your specific situation.
Insurance Cover for Landlord buildings
Landlord Buildings Insurance provides protection against various potential disasters that could impact your rental property. These can range from fires, lightning strikes, storms, floods, and earthquakes. Additionally, it could involve water or oil leaks, fallen trees or branches, vehicle collisions and more.
