Looking for great insurance policies? Look no further. Simply Business specializes in coverages including professional indemnity insurance and employers’ liability insurance as one of the largest business insurance companies in the UK. The company provides insurance to landlords as well, including rent guarantee and tenant default insurance. No matter if you work as a cleaner or a tradesperson, purchasing insurance is simple. Simply Business will offer you estimates from top insurers in minutes once you respond to a few simple questions.
A variety of protections, including company equipment protection and public liability insurance, are simple to get. Additionally, Simply Business has developed and innovated along the way, creating a fantastic staff that is dedicated to achieving its goal of protecting small companies and allowing big aspirations. not just for the company’s clients, but also for its own people and neighborhoods. Let’s look at what Simply Business UK Landlords Insurance covers.
Simply Business UK Landlords Insurance
Buildings Insurance
Price: Quotes start from €13.26 per month.
Buildings insurance protects you from the cost of property damage brought on by calamities like fire or flooding. Unless you own the property on a leasehold basis, in which case your lease owner or management business may already have a policy, it’s highly probable that your mortgage company will need you to obtain building insurance.
Cover all bases and prepare ahead.
Contents Insurance
Price: Quotes start from €13.26 per month.
Content insurance protects you from loss or damage to your personal items within the building by contents insurance. If you rent out your property as is or with partial furnishings, it may be a good idea to think about content insurance. But keep in mind that your contents insurance does not extend to your tenants’ belongings.
Keep your belongings safe with robust insurance.
Loss of Rent
Price: Quotes start from €13.26 per month.
Loss of rent insurance will reimburse you for a percentage of your lost rental revenue or the expense of finding other housing if your property becomes uninhabitable, for instance as a result of a calamity like a fire or a flood. The details of your insurance and the type of event will determine this.
Think ahead and stay atop natural disasters.
Landlord Liability
Price: Quotes start from €13.26 per month.
You may be held accountable if a renter or visitor is hurt or sustains damage as a consequence of a problem with your property. In these situations, a single compensation claim might be financially ruinous, but landlord responsibility protects you from these expenses.
Liabilities will be of no concern to you after this.
Alternative Accommodation
Price: Quotes start from €13.26 per month.
If you are required by contract to offer substitute housing in the event that your property becomes uninhabitable, alternative housing insurance will pay for this expense. For this coverage to be effective, the property must be rendered inhabitable as a result of a specific and insured incident.
This goes hand-in-hand with the “Loss of Rent” aspect.
Simply Business UK Landlords Insurance is the perfect package for any landlord. It covers all the bases and takes care of both the landlords and the tenants liabilities.
