Is Your Landlord Insurance Still Fit for Purpose?
A landlord insurance policy may have been right when it was first arranged. But is it still right today? That is the question landlords should ask before every renewal. Rental property changes. Tenant arrangements change. Rebuild costs change. Rent levels change. Portfolios grow. Properties are refurbished. Voids happen. Claims history changes. The insurance market also […]
Why Your Broker Needs to Understand Rental Property, Not Just Insurance
Landlord insurance is not simply ordinary property insurance with a different name. Rental property brings its own risks, responsibilities and practical issues. The type of tenant, the way the property is occupied, the level of rent, the condition of the property, periods of vacancy, portfolio structure and landlord disclosure can all affect the insurance position. […]
Why Good Landlord Insurance Starts Before the Quote
Many landlords think the important part of insurance is the quote. What is the premium? Which insurer is offering it? Is it cheaper than the renewal? Can the existing broker match it? Is the cover broadly similar? Those are important questions, but they come later. Good landlord insurance starts before the quote. It starts with […]
The Questions Every Landlord Should Be Asked Before Insurance Is Quoted
A landlord insurance quote is only as good as the information behind it. That may sound obvious, but it is one of the most important points landlords should understand before renewal. The premium is not created in isolation. It is based on details about the property, the tenant, the landlord’s circumstances, the cover required and […]
What Should Your Broker Be Checking Before You Renew?
When a landlord insurance renewal arrives, many landlords assume the broker has already checked everything. The renewal has been issued. The premium has been calculated. The policy documents are ready. The broker may have sent a short email recommending renewal. But that does not always mean the cover has been properly reviewed. A landlord insurance […]
Are You Comparing Landlord Insurance Properly, or Just Comparing Prices?
When landlords compare insurance, the premium often gets most of the attention. That is understandable. The price is clear, immediate and easy to compare. One quote is higher, one is lower, and one may appear to offer an obvious saving. But landlord insurance should not be compared on price alone. A cheaper quote may be […]
The Premium Matters Today – The Policy Matters When Something Goes Wrong
When landlords review their insurance, the first thing most look at is the premium. That is understandable. The premium is immediate. It is visible. It affects cash flow. It arrives at a time when landlords may already be dealing with mortgage costs, repairs, tax pressures, compliance costs and other property expenses. So yes, the premium […]
Why the Cheapest Quote Is Not Always the Best Deal for Landlords
Landlords are right to question the cost of insurance. With higher mortgage costs, repairs, regulation, tax pressures and tighter margins, every expense matters. If one landlord insurance quote is cheaper than another, it is natural to be interested. But the cheapest quote is not always the best deal. It may be. A lower premium can […]
A Matched Premium Is Not Always a Matched Policy
Many landlords think they have won when their existing broker agrees to match another quote. On the face of it, that may seem reasonable. The landlord has received a renewal, checked the market, obtained a better price, gone back to the existing broker and secured a lower premium. But there is a danger in stopping […]