Landlords Insurance probably isn’t the straightforward area you once believed it to be. Buying a property will always be a stressful time but certain complications arise when you are not planning to live there yourself.

Am I fully insured?

Do I have the best cover available?

Can I get a cheap policy AND still have good cover?

“The best cover” of landlords insurance would include everything you would think of as worst case scenario that could occur to your property. This can range from the property sinking into the ground to malicious damage by your tenant. Protecting your investment it is vital that your landlords insurance has the best cover available in force at all time, having need for a claim is bad enough but having that claim turned away is another all together.

All residential landlords insurances will provide a summary of the cover in force in the form of a “KeyFacts” document and cover will vary depending on the landlord’s insurance providers who have provided the details. Check this “KeyFacts” document carefully; compare it to other quotations you have received to ensure you are getting the widest range of cover your landlords insurance can provide.

Your landlords insurance policy should financially protect you against the worst case scenario, by checking and comparing the various covers available you will be safeguarding your investment.