Do I need Tenants Contents Insurance?
Contents Insurance isn’t just for homeowners. You’ll probably still have your own possessions, from clothing to records to furniture. No matter how careful you are, accidents happen and you may be left out of pocket.
By taking out Tenant Contents Insurance, you can save worrying about replacement or repair costs if your belongings are stolen or damaged while you’re renting. For example, if there’s a fire in the house or flat you live in, or if the property’s flooded or someone breaks in, our Tenants Contents Insurance with Tenants Liability Insurance policy may protect your possessions subject to policy terms and conditions being met.
Now, is Tenants Contents Insurance mandatory in the UK? No – and no one can force you to take it out. But it offers peace of mind that your favourite and most valuable belongings are protected, especially if you live in a high crime or flood risk area.
Call our insurance specialists
As well as the option to buy online, we understand buying insurance or making a claim can be easier when talking it through with an expert. Give us a call and a member of our friendly team will be happy to either answer any questions you might have about our cover or help arrange your insurance over the phone.*
We’re open from 08:30 – 18:00 Monday to Friday and 09:30 – 13:00 Saturday. Whatever you need, we’re happy to help.
*Online discount does not apply to policies set up over the phone.
FREQUENTLY ASKED QUESTIONS
Tenants Contents Insurance FAQ’s
- What if my circumstances change?
You need to notify us if any relevant circumstances change as this could impact your cover or any future claims you might need to make. For example, you’d need to let us know about a change of address or anything that would alter the answers and information you provided when you set up your cover. If you’re unsure, just call a member of our friendly team and they can be of assistance.
- Will my Landlords Insurance not cover my possessions?
Your landlord may have Buildings Insurance to cover the physical structure of the property that you rent. They might have Contents Insurance too to protect things like furniture and appliances they provide for you – though not against accidental damage you cause. But they’re not liable to insure your personal possessions in their property, unless the tenancy agreement explicitly says so.
Whether or not you consider Renters’ Insurance necessary is still entirely up to you. But knowing that your landlord likely isn’t responsible for your contents, it might ease your worries if you get them covered.
Find out more: Is my landlord responsible if my contents get damaged?
- Will my policy cover belongings outside my home?
Your possessions will be covered within the boundaries of your home, providing you’ve chosen our contents cover. If you want to cover your personal possessions anywhere else in Europe (extending to anywhere in the world for up to 60 days), you can choose to have this cover option for an additional premium.
- Will old things be replaced with new ones if I have to make a claim on my Tenants Contents Insurance?
Our policy provides cover on a new for old basis. During the process of a claim, we will decide whether it’s most appropriate to replace, repair or offer money for your lost or damaged goods. We will always consider what route will be best, depending on the circumstances in question.
- How much coverage do I need for Tenants Contents Insurance?
How much tenants contents insurance coverage you need is entirely up to you. Think about whether you want to cover your own contents, or just your liability for the items provided by your landlord. The cost of replacing both your possessions and those of your landlord are considerations when deciding how much renters insurance do I need.
- How much is Tenants Contents Insurance per month?
At HomeLet, we offer a Tenants Liability policy for £8.50 per month. If you want to upgrade to Tenants Contents Insurance including Liability this is from £11 per month.*
- Do I need to do anything if I’m going travelling?
If the property has been left unoccupied for more than 30 days, cover for malicious damage, escaping water, and theft will not be provided. Accidental damage, accidental loss of metered water or oil in domestic heating systems and tenancy liability are also not included.. However, providing you have the relevant extended cover, we would insure items you’ve taken on your travels with you.
- What’s not covered by HomeLet’s Tenants Contents Insurance?
We recommend that before you buy one of our policies you read through the insurance policy wording to make sure it’s the right cover for you.
Here are some key elements not covered by our Tenants’ Contents Insurance policy (but it’s not an exhaustive list):
- Theft without force causing damage to the main building of the home
- General wear and tear or damage that has happened gradually over time
- Chewing, scratching, tearing, or fouling by domestic pets
- Consequential or indirect losses
- High-value items that exceed your policy’s overall or single-item limit
- Possessions outside the home (unless you add Specified Personal Belongings cover)
- Theft or damage if you’ve left your rental home unoccupied for over 30 days
- What’s the difference between Tenants Contents Insurance and Homeowners’ Insurance?
If you own a home, then you’ll need to have cover for the building itself as well as what’s inside. This is often called Buildings and Contents Insurance. But the first part isn’t your responsibility as a tenant, so you don’t need a standard homeowner’s policy. You’re only covering any belongings that you keep in the rental property.
*Cover starts at £11 per month for £50,000 of contents cover and £10,000 of Tenancy Liability cover. This price includes Insurance Premium Tax (IPT) at the current rate, as set by HMRC. Please note that a monthly admin fee of £1.99 will be payable if you choose to pay for your policy monthly.