Posts Tagged: Tenants
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 Sam Eynon on August 5th 2016 in Insurance
It’s every landlord’s nightmare; your tenants have vacated the property and before doing so, left you with potentially thousands of pounds worth of damage. The windows are smashed, the doors and walls full of holes, they’ve even taken your furniture – what now?
Malicious Damage is not always included in standard insurance policies. With one of the UK’s largest insurance companies showing the average costs for such claims being in the region of £6,700, it is important to understand the cover you have in place and its adequacy to protect you in such events. Failure to do so may result in...