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Much like normal home insurance, this will cover the structure of the house or flat as well as the units which have been fitted inside. Buildings cover pays for the cost of replacing or fixing anything that is damaged.

If you own a house, you will know that damage may be caused in a variety of ways. This cover will protect you against fire, theft, lightning, vandalism, smoke, burst pipes, oil leaks, storms and subsidence.

Buildings and contents insurance will cover contents that belongs to your landlord. This normally includes furniture and large appliances. If the tenant wants to insure their personal possessions, then they should take out their own separate contents insurance policy.

What other risks do you have to protect against?
Getting cheap landlords insurance through BusinessInsured.co.uk will take away a lot of the hassle, but you will need to think about what other risks you may need to be protected against. Buildings and contents are the basic things you need covered, but landlords insurance may also protect you against other unexpected costs.

If the house is damaged and you need to re-house your tenants elsewhere for a while, you can recover the costs through your insurance. It will also help cover the cash you lose when the tenant isn’t paying you rent due to the damage.

If there is a long period of time between one tenant leaving your house and a new one moving in, landlords insurance can pay you compensation for the period when the property is empty. However, there will be a maximum period of time a landlord will be eligible to receive payments. This would be detailed in the policy itself.

Compare Landlord Insurance Quotes:
If you compare landlords insurance with us, don't forget to study the details of all the quotes so you can make the very best decision.

What’s not covered:
Contents cover will only cover the theft of your landlords property if someone has broken into the property. If a tenant takes some furniture or even some of the fittings with them if they leave the property, the landlords insurance won’t cover these items.

This makes it essential that, before your tenant moves in, you ask them for a deposit large enough to cover such expenses should they arise.

When taking out buy-to-let insurance, you will also be required to choose an excess. This means that you will have to pay the first few hundred pounds of any claim.

Landlord insurance is designed to cover you for long-term occupancies. It may not suit you if you are letting out a holiday home or if your property is vacant for a long period.

Maintaining your property:
You will have to keep the property in good shape and comply with a variety of measures if you are to get the best out of your landlord insurance.

Some insurers may insist on a number of things, like getting the boiler serviced yearly by an engineer who is on the Gas Safe Register (formerly Corgi). Make sure you also perform routine checks of the building and carry out the relevant maintenance work to insure that the structures of your building are up to standard.