Why do landlords need legal expenses cover?
Landlord legal expenses insurance is an optional cover that you can add to your landlord policy. It can provide protection to cover legal costs related to issues with your rental property, including legal action and court proceedings. For example, if a tenant has damaged your property, if you need to evict your tenants, or if you need to pursue unpaid rent. It can also cover your defence costs if someone claims that you’ve breached your legal obligations to your tenants.
What is legal expenses insurance?
This provides cover for legal costs when taking someone to court for non-payment or equally when someone takes you to court. It covers such things as contract disputes, legal defence, debt recovery and eviction of squatters.
When would I need to claim?
There are many reasons why you might incur legal costs, for example your tenants stop paying rent and you’re forced to serve them with a notice seeking possession. You then begin court proceedings to get a possession order.
What isn’t covered?
Any rent lost following an incident, such as a flood, where the tenant is unable to stay in the property. For this you would need loss of rent cover.
How do I get landlord legal expenses cover?
Landlord legal expenses insurance is an optional cover with landlord insurance. You can get a landlord Insurance quote online or speak to specialist insurance advisers on 0345 337 0006
Choosing the right cover means less stress, upset and hassle for both you and your tenants. Make sure you’re properly protected with landlord insurance.
|Type of cover||What is covered|
|Buildings||If your property is damaged and has to be repaired or rebuilt due to an insured event such as vandalism or storms.|
|Landlord’s Contents||Household items that you have provided for your tenants, such as soft furnishings or appliances, if they are damaged or destroyed by an insured event.|
|Loss of Rent||Your cash flow is protected if after an insured event such as a flood or fire, your tenants stop paying rent or have to move out. If your tenants do have to move out, the costs of arranging alternative accommodation on their behalf is also covered.|
|Accidental Damage||Accidental damage to the building and its fixtures and fittings. For example, if you or your tenants accidentally smash a window or drop something and crack a sink.|
|Subsidence, Landslip and Heave||Damage to your property as a result of a movement in the ground supporting your property.|
|Property Owner’s Liability||You are protected if a person is injured or if there is damage to their property as a result of your negligence.|
|Employers’ liability cover||You are protected if an employee is injured or dies as a result of your negligence.|
Accidental Damage is not available for contents cover.
Get a competitive priced quote from one of the UK’s leading insurers. If you rent between 1 and 5 properties.
*Online policy is underwritten by RSA Insurance Group.
Please check you have all the cover you need by reading the policy documentation carefully (this will be provided during the quote process).
If you are unsure or the cover you need, or have more than 5 properties or complex requirements, call on:
(Lines available from 8am to 6pm Monday to Friday)
Commercial Landlord Insurance is brought to you by Arthur J. Gallagher Insurance Brokers Limited, one of the UK’s biggest insurance brokers. Their specialist advice will help you decide on the cover you need, and they’ll search among their panel of leading insurers to find you that cover at the right price. Cover details may vary based on insurer.
Whether you ask for a Landlord insurance quote online (1-5 properties), need advice or have complex requirements (6+ properties), you’ll need the following details to hand:
Standard home insurance won’t cover the extra risks you face as a landlord. For example, if a tenant is injured by falling roof tile at your property or a flood means they have to move out for a while at your expense.
Please check you have all the cover you need by reading the policy documentation carefully (this will be provided during the quoting process).