Becoming a landlord is a good way to both earn extra income and to achieve long term capital growth for your investment. However, you need to protect your investment and the best way to do this is by having the right insurance. You should ensure that your cover offers protection against a wide range of instances such as:
- Covered for malicious damage by tenants including unauthorised alterations
- Trace and access cover for leaks
- Accidental damage to fixed glass and sanitary ware
- Loss of rent cover
- Owners liability cover
- Legal expenses
If you have any questions with regards to how you are protecting your investment property please get in touch.
Andrew Fowler worked for Limetree Financial Services until December 2010. Feel free to contact another member of our team for help or advice.