Author Archive: Simon Haywood
Posted by Simon Haywood on February 19th 2018 in Insurance
As a Landlord, the risk is always there; when your tenant suddenly can't pay the rent and is unable to pay what is already due. Even if you have undertaken the best checks and references, you can never predict a tenant facing troubled times such as losing their job or becoming ill, ultimately resulting in them not being able to pay the rent.
If this was to happen, would you be able to cover your expenditure and costs over a prolonged period of time?WHAT IS RENT GUARANTEE?
Certain insurers we work with for property owners and landlord insurance, allow cover to be...
Posted by Simon Haywood on November 29th 2017 in Insurance
Underinsurance occurs when you have not taken out the right amount of insurance cover to meet your requirements. There are occasions where business owners try to reduce their insurance premiums by only covering a percentage of their contents or building value. This may be cheaper in the short-term, however insurance is there to protect you in the event of an accident or incident – taking such a risk, can have a detrimental effect should you need to rely on your policy to get you back up and running.
We’ve all read the horror stories of rental properties going wrong and it...