Let property insurance

Landlords across the uk need to take out let property insurance to cover their rented premises. Buildings and contents cover is a standard type of policy which will protect the property itself and the items kept within. Some landlords may decide to take out buildings and contents separatly but it is normally advisable to take out a joint policy which normally results in a premium saving anyway.

Let property insurance can apply to the different type of properties. Some examples of these are as follows:

Residential let property
- House
- Bungalow
- Flat
- Bedsit
Commercial let property
- Shop
- Office
- Factory

Insurance on any type of let property is very similar and can even be a mixture of properties such as a office with a flat above.

It is always recommended to insure the let property as a whole whether it be a house, block of flats or a shop with flats above. This is due to the complexity of a claim should, for example, a fire burns down the whole property. If you have everything insured on the one policy then they will simply deal with it as one claim. If the property insurance is with different companies it would be difficult to get them altogether to deal with such an incident.