Landlords insurance - what you need and why

The springtime is one of the main times of year for people to move house - including those who have delayed doing so during the winter months, or who are taking advantage of the longer, lighter days to move their furniture and possessions from their old place.

At the same time, historically low interest rates on conventional savings and investments have led to a boom in landlords looking to rental property as an extra source of income.

With a large number of new landlord-tenant relationships established at this time of year, it's crucial for domestic landlords to arrange suitable landlords insurance cover, from the outset of a new tenancy and throughout its duration.

Adelphi landlords insurance is suitable for individuals, residents' associations and property management firms, with tailored cover to take care of everything you need to keep your property safe.

Policies can include all risks building cover, as well as public liability, employer liability and property owners' liability cover, legal expenses, rental property content cover and insurance against loss of rent.

In many cases, you might be renting out a newly acquired second home, or a holiday home you previously have never taken bookings for.

If you are new to the rental property market in this or any other way, it is crucial that you arrange the correct landlords insurance cover to safeguard your property and the capital it represents.

Remember too that domestic buildings and contents insurance will usually not cover business use of the property - including renting it out - which makes it doubly important to get the correct property owners' insurance or buy-to-let insurance policy.

Adelphi landlords insurance can also cater for individuals and organisations who rent out commercial property, from retail premises to office space, and even including some large residential developments like blocks of flats.

Policies again can include all risks buildings cover, contents cover, legal expenses, employer liability, public liability and property owners' liability insurance, along with protection against loss of rent and even alternative accommodation in case of an insurance claim.

Like residential rental properties, commercial tenants pose a multitude of risks both to the fabric of the building itself, any supplied fixtures and fittings, and associated legal expenses and other such costs.

Adelphi property owners' insurance can recommend appropriate policies from our specialist insurer parties, not only to make sure that you have the cover you need, but also to negotiate the best deal on your landlords' insurance premiums.