Whilst most tenants are respectable and law-abiding individuals, unfortunately, there are exceptions. If you were ever to have a dispute with one of the later types of tenant they may decide to express their dissatisfaction in a physical way with your property as opposed to through more reasonable means.
If a tenant or indeed a guest of theirs were to take out their frustration by causing malicious damage to either the structure of your rental property or any of the fixtures and fittings or any contents that you have provided for their use this could prove extremely expensive to repair or replace. You will be pleased to read that malicious damage insurance is designed to provide you with an excellent level of financial protection should such an unfortunate event occur.
Malicious damage insurance is offered by a number of companies that provide a landlord insurance policy. This valuable type of cover is often included as part of the standard level of insurance but may be provided as an optional extra so you should check the policy details carefully.
Through our partner, we will be pleased to arrange for you to receive a competitive no-obligation quotation for your consideration.