If you are a landlord, then protecting your business will be of optimum importance for you. Getting the most suitable insurance for rented property is not always just a case of taking the insurance offered by your mortgage lender. After all, you are protecting your livelihood, so it makes sense to shop around and get a landlord insurance quote or two so that you can see what is available in the buy to let house insurance market place.

What is protected?

But first, what does a buy to let landlord insurance policy typically cover? Buy to let policies can vary depending on the level of policy you choose and the provider, with something that is included as standard within one policy possibly being a pay-for add-on with another. However, a landlord’s insurance policy may cover all or some of the following:

Damage to buildings and contents;

Public liability cover

Some legal costs;

Unoccupied property;

Multi-property insurance cover

Accidental damage;

Glass damages;

Loss of rent (due to an insured event happening).

Where can I get quotes?

There are a number of organisations that offer buy to let UK cover, such as banks, building societies, as well as brokers and specialist landlord insurance websites. For ease, you may wish to choose the latter, as they may often have access to several landlord insurance providers, so can give you a choice of quotes.

Whichever of these options you use to buy your insurance you do have to be aware of what a policy entails.

Do not only compare the premiums – which is of course imperative – but the policy features and benefits too. And do so on a like-for-like basis.

Other considerations

If cash flow is an issue (and when isn’t it?), when getting a landlord insurance quote, see if you can pay for your let property insurance by direct debit.

In summary, getting the most suitable landlord insurance for your needs is about selecting the cover that gives you the most comprehensive protection, and at a realistic price.Getting several landlord insurance quotes and comparing them usually will help you do this.