Property owner legal expense cover
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
Keep in mind
- Online policy is underwritten by RSA Insurance Group PLC.
- Insurance covers are subject to the individual terms, conditions and exclusions of the insurer providing them. Always review the policy documentation supplied during the quote process to ensure you have the cover you need.