Switcha's top picks

AXA Commercial and Residential Landlords Insurance

Maximum protection
£10,000,000
Cover benefits
£10,000,000 landlord liability
Excess
£250

Liability for up to £10million. Protection for up to 10 properties. Cover to re-house residential tenants. Inflation protection. Cables and underground pipes cover. 0% interest on instalments when you choose to pay monthly. 10% discount online

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All Landlord Insurance

Direct Line Landlord Insurance

Maximum protection
£2,000,000
Cover benefits
£2,000,000 landlord liability
Excess
£200 (building + contents)

Buildings Insurance cover. New-for-old contents cover. (Landlord Contents Insurance can be suitable for leasehold properties, such as flats, where a freehold management company may already have buildings insurance.). Direct Line will pay to either repair or replace your boiler if it breaks down. (With Buildings cover, excludes wear and tear.). Glass and locks replacement. Direct Line for Business Legal Documents Service – unlimited online access to a large library of customisable legal documents, plus you can have the documents you create checked by a solicitor. Access to our free 24/7 legal helplinePublic Liability cover up to £2m in case a claim is made against you. 

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NatWest Landlords Insurance

Maximum protection
£5,000,000
Cover benefits
£5,000,000 landlord liability
Excess
£50 (building + contents)

Buildings insurance cover (either buildings or contents is standard - not both.). Public Liability and Property Owners Liability cover up to £2m in case a claim is made against you. Breakdown cover on your Boiler when buildings insured (excluding damage arising from wear and tear). New-for-old contents cover (Contents only cover available for leasehold properties). Natwest will pay to re-house your tenants following an insured event such as a flood or fire. (Subject to policy limits). Access to our free 24/7 legal helpline. Malicious Damage cover.

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AXA Commercial and Residential Landlords Insurance

Maximum protection
£10,000,000
Cover benefits
£10,000,000 landlord liability
Excess
£250

Liability for up to £10million. Protection for up to 10 properties. Cover to re-house residential tenants. Inflation protection. Cables and underground pipes cover. 0% interest on instalments when you choose to pay monthly. 10% discount online

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Churchill Landlords Insurance

Maximum protection
£10,000,000
Cover benefits
£2,000,000 landlord liability
Excess
£200 (building + contents)

You’re in safe hands when you choose Churchill for your residential or commercial Landlord’s Insurance. Standard benefits include £10m buildings cover, the cost of rehousing your tenants in the event of damage to your property, Public and Property Owners’ Liability cover of up to £5m, floor coverings of £5,000, access to our free 24/7 legal helpline, and unlimited glass cover. Churchill's specialist claims handlers will guide you through the process of making a claim to help you protect your investment.

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Do I need landlord insurance? 

Being a landlord comes with many responsibilities to protect yourself and your tenants. Landlord insurance is an important aspect of covering your property and legal responsibility you have towards those who let your property.

It’s likely the property you’re renting out was a big financial investment and, therefore, it is essential to protect this valuable asset from extreme weather conditions, fire, theft or damage. Landlord insurance will save you the extra heartache of an expensive bill if you have to make repairs to your property, including loss of rent as a result. 

The type of cover you need will depend on whether you offer an unfurnished or furnished property.  Landlord insurance is generally split into three separate policies - buildings insurance, contents insurance and rent guarantee insurance.

If you rent out an unfurnished property, you are unlikely to need contents insurance. It is up to the person renting from you to purchase their own contents insurance policy to protect their personal belongings. However, if you provide furnished accommodation, you should take out your own contents insurance policy. 

Landlords can also get rent guarantee insurance to cover your monthly income if tenants don’t pay you or if you have to evict them before the contract is up. 

You should make sure that the policy you choose will cover you if the absolute worst happens – such as needing to reconstruct the building, replace the total value of your contents and protect against loss of income.

FAQs about landlord insurance

Is it a legal requirement to get landlord insurance?

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How much does landlord insurance cost?

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What does landlord insurance cover?

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What does buildings insurance cover?

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What is contents insurance?

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What is rent guarantee insurance?

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Will I be covered for damage caused by my tenants?

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Is loss of rent covered?

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Can I cover multiple properties under the same policy?

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