Insurance for landlords with large or small property portfolios
Straight talking cover to protect your residential & commercial property assets
If you have a large or small portfolio of residential or commercial properties you’ll want to ensure you’re adequately protected should the worst happen. At The Insurance Octopus we make insuring your properties as easy and hassle free as possible. Our multi-property landlord insurance or property portfolio insurance are comprehensive and have been designed to allow landlords to add, remove, increase and or decrease areas of cover as and when necessary; giving you the flexible cover you need. There are many risks associated with renting property out to tenants, as any building can be susceptible to damage from natural causes such as storm or fire damage. Property rental requires investment in time and money, which is why a property portfolio landlord’s insurance policy from The Insurance Octopus will help to protect your business’ financial security.
What your property portfolio insurance policy includes
Property Owners Liability Insurance
As a landlord with multiple properties you have a legal responsibility for the safety of your tenants and those who may visit the property; if a person is injured on your property or grounds as a result of negligence on your part then you could be sued for compensation. Property Owners Liability Insurance helps protect you against these claims and is essential for renting out properties for residential purposes.
Landlord Home Emergency Solutions
Providing solutions to respond to potential household emergencies, this cover can be bought alongside your landlord business insurance policy to cover all of your properties.
Rent Guarantee Protection & Repossession
These are the legal expenses options that can be further extended to cover evicting tenants as well as protecting against default or non-payment of rents (subject to policy terms and conditions).
Available as an optional add-on, subsidence happens when the soil on which a property is built shrinks or swells and can be dependent on the weather conditions. This type of cover protects your property against such damage.
Why you need multi-property or property portfolio insurance
The Insurance Octopus will look to put a tailored landlord property portfolio business insurance package together for your rental business needs. As a landlord, you have a legal responsibility for the safety of your tenants and those who may visit the property, so Landlords Public Liability Insurance or Property Owners Liability Insurance is essential for renting out properties.
Legal bills and compensation pay-outs associated with these kinds of cases can be very costly, so it is important to protect yourself. Public Liability insurance will provide financial support if a court case is brought against you. As part of your landlord insurance quote provided by The Insurance Octopus, you can be ensured that it includes this for peace of mind.
Arranging multi-property landlord insurance
When you’re considering taking out a policy, one of The Insurance Octopus Landlord Insurance experts will discuss your business requirements with you and compare personalised quotes from a number of major UK insurance providers. You will get a bespoke policy that ensures you only pay for the cover you need.
We can add cover for rent guarantee, accidental damage and sector-specific cover tailored to you. We can provide you with your business insurance and documents on the same day in most cases, offering a range of flexible payment options, including Direct Debit. Speak to us today to get a quote.