To answer a question such as: how much is landlord insurance going to cost, there are a whole host of factors that may need to be taken into account.

Obviously any policy for buy to let landlords insurance may need to be tailored specifically to your own set of circumstances. Some basic information may be required though including:

• where your property is, its size and value;
• whether it is let on a furnished or unfurnished basis;
• the level of voluntary excess you may be prepared to accept;
• whether you have made claims in the past.

The other factors which may help determine how much is landlord insurance, may be related to how you operate as a landlord and your own personal preferences for elements of cover that may not feature in all policies.

For example:

• third party liability cover may be included in a typical buildings cover policy but the level of protection offered may vary significantly from policy to policy;
• buy to let policies may not offer cover for all types of tenants, as standard, with some specifically excluding students for example or DSS;
• subsidence cover is not as commonplace as perhaps it once was and may not be included as standard in all policies;
• you may be looking for a let property insurance policy that may provide you with loss of rental income cover should your tenants have to move out of your property while repairs are carried out to damage caused by one of the insured events like fire, flooding etc.

If you know that your property is going to be empty in the coming year for a prolonged period of time, then you may perhaps have to factor an unoccupied property insurance quote into your how much is landlord insurance calculations.

That’s because if your property stands empty for periods in excess of 30 days, your buy to let landlord insurance may cease to provide cover for it.

There may be numerous reasons why your property might be unoccupied:

• you may be carrying out renovations;
• you may be having problems finding new tenants;
• perhaps there are legal reasons like divorce proceedings  or probate that are preventing you from letting out the property.

Whatever the reasons are though, unoccupied property cover may be necessary to cover the additional risks.

All of the above factors may have an impact on your how much is landlord insurance cost calculations.  If one of your New Year resolutions is to find the most cost-effective deal you can, then we would be only too pleased to help you in your search.