There are many kinds of tenant out there from Student to Retired and everything in between and you will find that your Landlords Insurance premium will vary with your choice of tenant. From a Landlords Insurance perspective, a student is going to be a slightly higher risk than a professional, working tenant.

As a prudent landlord you are able to take steps to product your property. Steps such as vetting of tenants, insisting on and fully checking references and regular checking of the property. Your Landlords Insurance providers may not insist on all of these steps being carried out but steps such as these will protect your investment from disruption.

Cannabis Farms in rented properties are on the rise but by taking the steps above you are protecting yourself against such a risk. Landlords Insurance providers have drawn up a list of what to look out for in these situations:

Don’t accept cash payment for rent

Carry out regular inspections

Be wary of short term lets

Don’t allow subletting

Recent Landlords Insurance surveys have shown that location is not an issue with the criminals setting up a cannabis farm, there are cases ranging from your standard neighbourhood to the most desirable of locations.