One in three rent their home without Landlord insurance
Home repair firm Homeserve says one landlord in three has not told their household insurer they are renting the property, the Express reports.
Mike Bowman, head of insurer More Than Business: “Standard home insurance policies aren’t designed for landlords and if you rent out your home your policy may become void, leaving you without cover.”
“You are responsible for the health and safety of your tenants, and they could claim compensation if anything happens to them in your property. Landlord insurance protects you by including liability cover. We also offer 24-hour helplines for advice on legal, health and safety matters,” Bowman says.
