Subsidence Cover – Insurance for rented property
Tuesday, June 17th, 2008The risks associated with letting a property can be substantial so it is imperative that Landlords ensure they have adequate insurance for the rented property.
It is thought by most, that Subsidence cover is automatically provided under all standard insurance for rented property and it is one of the key reasons why Landlords decide to take out insurance for the rented property. However, in a lot of cases this is not always true. Even some leading direct insurers have cover for Subsidence as an optional extra rather than as a peril covered as standard.
Bearing in mind many Landlords search for insurance for rented property on-line nowadays, it has been noticed that when insurers have subsidence cover as an optional extra, it appears beneath a quoted premium and is often written in small text.
The idea of stripping out certain ‘standard perils’ and offering them as optional extras seems to be ever more popular amongst insurers who are striving to offer the lowest premium possible in view of the present competitive insurance market.
We have found an insurance Broker www.cover4letproperty.co.uk whose panel of leading insurers offer cover for subsidence as standard and their premiums for insurance for rented property are extremely competitive.
Make sure you read your documents for your insurance for rented property fully.
