Landlord Liability

When you purchase a property to let out you are entering into a business arrangement and, as such, you need to protect your investment with various forms of insurance. One of these types of insurance is landlord liability insurance that is also referred to as public liability insurance.

This form of insurance will cover you against a financial claim being made by one of your tenants or another visitor to the property who has suffered some form of accident whilst on your premises that could be attributable to being caused by your property. It would also cover you for any damage caused to their property by your property.

For instance, if the bath in the bathroom was cracked resulting in water leaking from it and someone were to slip on the pool of water created by this leak, banged their head on the sink as they fell and were so badly injured that they could never work again then you could be faced with a substantial claim for damages and significant legal costs. Landlord liability insurance would provide cover to meet both the claim for damages and any legal expenses.

Landlord liability insurance is normally offered within a landlord insurance policy that may also include cover for the building and contents. The amount of cover available may vary between different insurance companies so it is worth checking the details of the cover being offered to make sure that it meets your requirements to ensure that it provides you with complete peace of mind.

Through our partner, we will be pleased to arrange a suitable competitive quotation for you.