The following FAQs relate to the perennial question as to what exactly is the best landlord building insurance.

Is it possible to find the cheapest or the best landlord building insurance?

It may be advisable to avoid setting out to find the cheapest or best landlord building insurance.

That’s because there is a wide variation in what policies will offer you and what you, as an individual landlord, may require.

Basically, what is cheap landlords insurance for someone else may not prove to be cheap or best for you.

The approach that is likely to help you find suitable cover is to focus on your own requirements and then closely examine what a policy is providing. If the two match up, then you may be able to consider that you have suitable let property insurance cover at a price that you find to be cost effective.

Is buy to let house insurance essential?

If you have a mortgage on a buy to let property, you may have a contractual obligation to the company that advanced you the mortgage, to ensure that the property is fully and suitably insured at all times.

If you are renting out the property or even a small part of your own property, then owner-occupier home buildings and contents insurance may typically become invalid.

Therefore, both in terms of your contractual obligation to the mortgage company, plus the real need to protect your property and investment, it may be sensible to consider buy to let house insurance as being virtually essential.

Would landlords insurance cover my employees?

Typically, no, it would not.

That form of insurance protection is typically provided by employers’ liability insurance.

As an aside, it may be worth noting that the law may interpret a friend or family member as being covered by employment protection law (and hence you will be accountable legally) if they were on your property and injured whilst working for you – even if it were on an entirely voluntary basis and without an employment contract.

Is landlords insurance available online?

Yes. The fact that it is available online should not stop you from being cautious about searching for products advertised as being the best landlord building insurance. Sticking to an approach that involves carefully thinking about your requirements and then checking the policy’s cover, may prove to be rather more successful in finding an appropriate solution for your situation.