What Is Landlords Unoccupied Property Insurance?
Landlords unoccupied property insurance provides specialist cover for landlords whilst their rental is unoccupied. Whilst standard let property cover will provide an element of cover to allow for occupancy between tenants, this is typically restricted to a 30 or 60 day period. Beyond this bespoke vacant property cover should be arranged, which will also cater for properties awaiting sale or undergoing renovation.
Landlords Unoccupied Insurance – What Do I Need?
As with standard buy-to-let property cover, the core element of protection is for the building itself providing indemnity to reinstate the property to its current condition following an insured loss such as a fire claim. Depending on your specific circumstances insurers may look to restrict cover to Fire Lightning Explosion and Aircraft (FLEA), however this may be negotiable. As well as buildings, cover can be extended to include property owners liability and legal expenses cover.
Compare Vacant Property Insurance
Insync has access to a select panel of the UK’s leading unoccupied property insurers, our dedicated property insurance advisors will take the time to understand your specific risks, helping you find the right level of cover at the right price/
Unoccupied Property Extended Covers
In addition to your core buildings protection, you may also require cover for any landlords’ contents left at the property. Whilst it may not seem obvious, property owners liability is also a critical cover extension for vacant premises – you may be surprised to learn that should a trespasser suffer injury you could still be held legally liable!