If you’re a landlord, you should consider a building as well as a content insurance to safeguard your property. Understand the differences between the building and content insurance, before you apply for one.
Building insurance covers your permanent fixtures and fittings such as kitchen units and light fittings, bathrooms, radiators, fitted carpets and laminate flooring. Your insurance premium will be lower if your property had a lower rebuild value when compared to a property with a high cost rebuild value. Your policy can be renewed annually and you are free to cancel a policy at any time. Our insurance partner will suggest a suitable cover based on the type of property you possess.
On the other hand, content insurance for landlords comprises of any loss or damage to the contents of your home. It comprises of damage to furniture, electrical goods and other items in the house. It may include items that you take outside your home such as cameras, jewellery and briefcases. In case you loose or damage your keys, replacement of keys or locks and other repair costs will be covered. Take pictures of the exterior of your home as well as the interior items in your house. Valuable items such as jewellery, money, coins, guns, or art, make sure you have close-up photographs of them. Keep the pictures in your insurance file so that you avail them in an emergency.
Building and contents insurance quote – get a competitive quote!
Get a competitive quote on your residential building content insurance. Residential building contents insurance covers the actual general belongings in your home - right from books and CDs to a jewellery collection to electrical goods, clothes and kitchenware. Normally all of this will be covered up to a set limit. Understand these things before you enrol for one.
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