Significant features and benefits
Rebuilding of your property
The rebuilding of your let property following loss or damage caused by fire, aircraft, lightning, explosion, collision or impact, falling trees and earthquake, theft by forcible means, subsidence, heave, riot/civil commotion, storm, flood, oil leakage or escape of water.
Unoccupied properties We provide full cover for properties which are unoccupied for up to 90 consecutive days.
Loss of rent and alternative accommodation Following insured damage we cover loss of rent and your re-letting costs or costs of alternative accommodation for up to two years rent (not exceeding £50,000).
Emergency Assistance Insurance included free of charge To find out more about this cover please refer to the Policy Wording and Emergency Assistance Insurance product page.
Trace and access In the event of an escape of water, we provide cover for the cost of locating the point of escape, repairing and making good for up to £5,000.
Metered water and gas charges Following loss caused by damage to the apparatus, after the point of the service feed, to the insured property for up to £1,000.
Emergency access We cover damage to your property following emergency access as a result of a medical emergency for up to £1,000. Cover for your liability As a landlord it’s your responsibility to comply with current legislation, this helps to make sure that your tenants are living in a safe environment. However, we know that accidents can sometimes happen and that’s why we provide you with liability cover. This covers things like the costs and expenses of litigation, compensation and solicitors’ fees.
Our liability cover includes:
Legal Liability as Owner up to £5,000,000
Occupiers Legal Liability & worldwide Personal Liability up to £5,000,000
Legal Liability as Employer:
Public Liability up to £5,000,000
Employers Liability up to £10,000,000.
Additional options for Landlord Buildings Insurance
Accidental Damage option
Accidental Damage option is available at an additional charge and includes Accidental and Malicious Damage by the tenant. Here are the details of what’s covered:
Up to the sum insured for loss or damage to your insured property caused by Accidental Damage.
Accidental Damage to service pipes, cables and inspection costs for which you have accepted responsibility, which service your insured property.
Accidental Damage to fixed water pipes and tanks caused by internal stress due to freezing, overheating or excessive water pressure.
Up to the sum insured for loss or damage to your insured property caused by Malicious Act of the tenant.
Variable Excess options
Our Landlord Buildings Insurance has variable excess levels; they are £100, £250, £500 or £1,000 and our Nil Excess option.
Our Nil Excess option is available at an additional charge and includes the removal of the standard £1,000 Subsidence Excess.
Boilers and Heating option
Landlord Emergency Assistance Insurance is included for free as part of our Landlord Buildings Insurance. You can choose to include our Boiler and Heating option for an additional charge. This additional option includes cover for emergencies arising from the sudden and unexpected breakdown, failure of or damage to the Boiler and Central Heating System.
Exclusions, Limitations and Conditions
We’d recommend that before you buy one of our insurance policies you read through the Policy Wording to ensure that you understand the full Exclusions, Limitations and Conditions of the policy.
It’s really important that you understand exactly what we provide cover for, so here are some examples of what isn’t covered by our Landlord Buildings Insurance policy.
Cover for malicious acts, theft, escape of water or oil and accidental damage are excluded after the property has been left unoccupied for more than 90 consecutive days.
Cover restrictions and terms may apply to properties unoccupied at inception of a policy
Accidental Damage cover will only apply if the Accidental Damage option is taken.
Malicious Damage by tenant(s) is not automatically included under the standard policy cover. This cover is only available if the Accidental Damage option is taken.
Liability as Employer cover is restricted to cover staff employed under a contract of domestic service in relation to the insured property.
If you want to know more about this policy, please refer to the full Policy Wording.