For Landlord and Tenants Insurance open the door to better cover
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7 Aug 2008   
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Home Owner Insurance for Investment Property


Rental Protection and Legal Expenses Insurance

Peace of mind and regular income all for a small monthly premium...

We take every precaution to ensure that your interests are fully protected. Unfortunately, however thorough we are in vetting prospective tenants even the most exemplary individual may be unable to pay the rent, perhaps due to redundancy or illness.

Examples of cover:-

Rental indemnity until legal vacant possession
Legal expenses protection
Alternative accommodation at £75 per day for 30 days
Cover up to £25,000

Household Insurance

The household insurance policy is specifically designed for the residential lettings marketplace. Cover is available for either buildings or contents, or both sections of cover can be included in one policy document. The policy is acceptable to all leading building societies and banks.

Examples of cover:- Buildings

The risks of loss or damage by fire, explosion, lightning, earthquake, riot, malicious damage, storm, flood, burst pipes, theft, collision and subsidence.
Damage by falling radio, TV or satellite aerials or masts
Accidental breakage of fixed glass or sanitary fixtures
Property owners liability - limit of indemnity 2,000,000 for any one event
Accidental damage to underground services
Replacement of locks
Loss of rent or alternative accommodation should a property become uninhabitable

Examples of cover:- Contents

The risks of loss or damage by fire, explosion, lightning, earthquake, riot, malicious damage, storm, flood, burst pipes, theft, collision and subsidence
Theft and malicious damage by tenants - an addition to a standard contents policy
Full cover whilst the property is unoccupied provided the property is visited regularly
Accidental damage to TV, radio and audio equipment

CRL offer exclusive insurance policies specially designed for the private rented sector. For further details, contact your nearest branch.

 
 
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