Landlord Insurance

Discover the information that you need as a landlord before you make your decision about landlord insurance.

9 03, 2020

Do I need to insure an Unadopted Road?


Do I need to insure an Unadopted Road? There is a Legal Duty to insure these roads, but this does not fall on the highway authority under the Highways Act 1980. The legal duty for unadopted road insurance falls upon the owners of the road – and this normally means the owners of any properties that front that particular road. The reason for this onus to insure is not on the highway authority, is because although these roads may be a public right of way, they simply do not belong to the public road network. How can I insure an unadopted road? Normally, if you do own one of these properties that fronts an unadopted road, it is common for a resident’s association to be formed. The resident’s association will then be responsible for maintenance and general upkeep of the road, ensuring it is safe for members of the [...]

Do I need to insure an Unadopted Road?2020-05-11T16:25:57+00:00
26 02, 2020

Better Landlords Insurance Prices


How to get better Landlords Insurance prices! If you are looking for a Landlords Insurance NI Policy you might ask, "What insurance do I need & how can I save money?" Always remember in addition to getting the right policy, you should take note of some of the important legal aspects, relevant laws and Fire Safety Practices that are expected not only by your tenants but by your insurer also. Apply good practice to your Landlord Property and it will even save you some money along the way! If you have a few flats in the same block - a block can be a converted house also, be sure to check out the information on our block of flats insurance page.It is common knowledge that landlords have a level of responsibility for tenants in a typical rental property. However, landlords should also know that safety and more specifically Fire [...]

Better Landlords Insurance Prices2020-05-12T09:15:15+00:00
13 01, 2020

Can you insure a garage?


Can you insure a Garage? Believe it or not, this is an extremely common question! Mostly, garages that are within the boundaries of the main property residence are insured automatically and included within the buildings sums insured specified. However there is an ever growing need for standalone garage insurance – what we mean here is, insurance for garages that are outside the boundaries of a home. This is mainly due to: Garages that are rented out to tenants Garages that are not listed on the same property deeds as the main residence Garages that are rented out to tenants Garages can be a superb investment opportunity. Once frowned upon as an investment, they are now extremely popular with a steady rental yield which will appeal to investors. The market value has also increased substantially in recent years, primarily due to a surge in their demand, driven by an increase [...]

Can you insure a garage?2020-07-21T13:45:50+00:00
8 01, 2020

Is it more expensive to insure a listed building?


Is it more expensive to insure a Listed Building? The two most common questions we are asked at Property Insurance Centre (PIC) in relation to Listed Building Insurance are: Is it more expensive to insure a listed building? What does insurance cost on a grade 2 listed building? To answer these questions, it is important to understand what listed buildings are & the various categories of listed buildings there are: Listed Building Categories Grade 1 – These are buildings of exceptional special interest Grade 2* - These are particularly important buildings of more than special interest Grade 2 – These are buildings of special interest, warranting every effort to preserve them Straight away you will see which one will carry to most risk for insurers & therefore might cost more if it require reinstatement! Get a Quote Insurance under one roof [...]

Is it more expensive to insure a listed building?2020-05-12T14:56:12+00:00
3 01, 2020

How much is the average house insurance?


How much is the average house insurance? This is a fairly subjective questions and there are many factors to consider when looking at premiums for all homes, including older properties & for new build insurance policies. These factors, will or course be considered by the insurance company or insurance broker. The insurer, however which avenue you pursue, will take into consideration some of the following factors: Please note the list is not exhaustive, but it will generally give you a basic idea as to why your premium is lower of higher than that of your workmate! Age of the building How many years you have owned the building Claims experience Postcode (some areas carry a higher risk that others) Rebuilding costs Amount of contents insured Amount of personal possessions insured away from the home We get told over and over, that their friend is paying cheaper insurance – but [...]

How much is the average house insurance?2020-05-12T15:06:10+00:00
23 12, 2019

Wear and Tear on Landlords Insurance


What is the definition of Wear & Tear in a Landlord Policy? Wear & Tear is often claimed for and always turned down by insurers. That’s because Wear & Tear is a maintenance issue. Maintenance is the responsibility of the Landlord and a Landlord’s Policy is not a maintenance contract. However, wear & tear is open to interpretation and we aim to shed some light on what it actually is & what influences it! If not Wear & Tear, what am I actually insured for? Well, every policy wording will have a list of ‘insured perils’. These are what you as a Landlord are insured for. Example may be Fire, Malicious Damage or Theft. Your policy wording will expressly state that wear & tear is not covered. Get a Quote Insurance under one roof We are specialists in many types of [...]

Wear and Tear on Landlords Insurance2020-05-12T15:43:22+00:00
18 12, 2019

Christmas Opening Times


Property Insurance Centre Christmas Opening Hours 2020 24th December - 9am- 1.30pm Christmas Day - Closed Boxing Day - Closed 27th December - Closed 28th December - Closed 29th December - 9am - 1.30pm 30th December - 9am - 1.30pm 31st December - 9am - 1.30pm New Years Day - Closed 1st January - Closed 4th January - 9am - 5pm PLEASE REMEMBER IF YOU INTEND TO RENEW ONLINE TO RENEW YOUR POLICIES EARLY - WE CAN ONLY PROCESS THE RENEWALS AND CONFIRM COVER WHEN WE RETURN ON THE NEXT WORKING DAY. Wishing you all a Merry Christmas and a Happy New Year! Insurance under one roof We are specialists in many types of insurance Block of Flats [...]

Christmas Opening Times2020-12-09T10:45:50+00:00
17 12, 2019

Escape of Water Insurance


Escape of Water Insurance Escape of water is one of the most common types of claim there is on a buildings insurance policy, including Home Insurance, Block of flats Insurance and Landlords Insurance. It is therefore important that you have this cover under your current buildings policy. It can be a horrible experience & all of your floors, walls & ceilings take the brunt of it! The most common cause is burst pipes from cold weather & of course leaks from the bath or bathroom causing damage to the room below. Do not Panic! If you are reading this, hopefully you will have taken the most important step – turn the water off! If you are reading this and have no need to make a claim, why not act before disaster strikes with escape of water: CHECK where your Stopcock is CHECK the insulation of the pipes and tank [...]

Escape of Water Insurance2020-05-12T16:00:32+00:00
9 12, 2019

The Importance of Tradesman Insurance


The importance of Tradesman Insurance? Firstly it does not matter how experienced or good a tradesman you are, accidents happen and that is the very reason we have Public Liability Insurance as part of a Tradesman Insurance Policy.  A tradesman insurance policy will protect: You Your Livelihood Your Income Without a proper policy in place you will lose potential contracts as many clients will require you to have PL Insurance in place before they let you carry out any work. It also lets people know you are legitimate and mean Business.  Get a Quote Insurance under one roof We are specialists in many types of insurance Why do you need Public Liability Insurance? PL as it is known is a necessity amongst tradesmen. If your business has [...]

The Importance of Tradesman Insurance2020-05-12T16:11:16+00:00
4 12, 2019

What is underinsurance?


What is Underinsurance? Here are some important Statistics on underinsurance of commercial buildings before we explain - this is not just limited to commercial property it should be noted. Underinsurance affects all property owners, either COMMERCIAL or RESIDENTIAL! Around 90% of buildings are insured for the wrong amount 8 out of 10 buildings are insured for 60% of what they should be Underinsurance can mean you will not be paid for the full value of your claim if you are ever in the unfortunate position of having to make one! It can be costly to you & even catastrophic. The next time you review your insurance policy for your Commercial Building, please ensure you are not underinsuring. Below are some important points as well as a short video to help explain. Get a Quote Insurance under one roof We are specialists [...]

What is underinsurance?2020-05-12T16:29:33+00:00
26 11, 2019

Business Insurance in Northern Ireland


Why Business Insurance in Northern Ireland is important Every business in Northern Ireland should have the correct Business Insurance in place. There are various factors highlighting why this is so important, notwithstanding the fact that Employers Liability Insurance is a legal requirement – and this is why Business Insurance in NI is important! For the purposes of this article; let’s refer to Business Insurance in Northern Ireland as ‘Business Insurance NI’. Business Insurance NI provides a business with insurance cover for 3 important aspects – this list is nowhere near exhaustive, but are areas we have highlighted which are a major concern to business owners throughout Northern Ireland and beyond: Material Damage Business Interruption Liability Get a Quote Insurance under one roof We are specialists in many types of insurance [...]

Business Insurance in Northern Ireland2020-05-12T16:41:06+00:00
12 11, 2019

Landlord insurance brokers NI


Landlord Insurance Brokers Northern Ireland Landlords that we have helped in Northern Ireland: As one of the leading specialist landlord insurance brokers in Northern Ireland we have access to the best rates and exclusive cover with the major insurance underwriters.  While other insurance brokers concentrate on cars and home insurance for over 40 years we have stuck with our specialism in landlord and commercial property owners insurance with clients all over NI as well as mainland UK. Landlords Cover Includes Cover whilst empty Public Liability Escape of Water Storm, Flood, Fire Malicious Damage Optional Legal Expenses Contents Cover Full Accidental Damage Cover With our headquarters based in Newtownards and an office in London we have helped thousands of landlords all over the UK get the best rates and cover and there is no situation that we have not seen before and it is this expertise that means that we [...]

Landlord insurance brokers NI2020-05-27T14:53:33+00:00
28 06, 2019

Property Insurance


Property Insurance With lots of the companies offering Property Insurance we wanted to let you know about why you should choose Property Insurance Centre for your buildings insurance needs: Independent broker with friendly, knowledgeable staff available online or by phone. Access to a wide range of insurers in the UK with the best cover and rates available. Bespoke insurance schemes & portfolio policies are available. Complete peace of mind through our tailored policies. Experts in Occupied & Unoccupied Commercial & Residential Insurance policies. Over 40 years of experience working with the best insurance underwriters in the UK. Excellent communication so that you understand what risks you are insured against. Get a Quote Insurance under one roof We are specialists in many types of insurance Everyone who owns [...]

Property Insurance2020-05-13T15:22:33+00:00
5 11, 2019

House Insurance Northern Ireland


Home Insurance NI A recent House Price Index showed the standard price of a property in Northern Ireland is £136,767 and this ranges from terrace properties at £95,202 to detached properties at £204,060.  Many buyers borrow a mortgage of between 75 and 95% of the value of the home and providers normally require the property to be insured while the mortgage remains in place.  Even if you do not have a mortgage, most people’s homes are their biggest asset so there’s a clear need to make sure all home owners make sure they get best Home Insurance NI policy with multiple layers of protection. Failing to adequately insure your home can have massive repercussions if the worst happens and you home is damaged.  But what do you actually need to insure? Get a Quote Insurance under one roof We are specialists [...]

House Insurance Northern Ireland2020-05-13T15:51:20+00:00
29 10, 2019

Do I need Unoccupied Property Insurance?


Do I need Unoccupied Property Insurance? Who needs unoccupied property insurance and why would I need it? Do you travel for business and are away for long periods of time?  Have you a building which you haven’t managed to let and it is sitting vacant?  Has your tenant just moved out of your flat or house?  Has your relative become in need of nursing or residential care and isn’t likely to be home for some time? There are many reasons a property can become unoccupied – but if you answered ‘yes’ to any of the questions above, you need to take a look at your current insurance policy and see if you need to replace it or add unoccupied property insurance to it. What is unoccupied property insurance? Insurance companies think that occupied properties are less risky.  Someone is there most days checking that nothing bad is happening, like [...]

Do I need Unoccupied Property Insurance?2021-03-01T14:47:45+00:00
29 10, 2019

Buy to let insurance


Buy to Let Insurance If you have already bought a property to let or you are thinking about it, make sure you take out the right buy to let insurance policy. When you are letting a property, you can’t just take out normal home insurance cover as you have additional responsibilities which you need to cover.  You are not present in your property all the time, so there are also different kinds of risk that you and your property are exposed to. So what kind of risks do you need cover for? Everyone knows there are a wide range of things that can go wrong when you own and let out a property. From mechanical breakdowns with cookers or boilers to damage caused by a fire, flood or the tenant themselves, no one can predict what may go wrong. A buy to let policy can include cover for a wide [...]

Buy to let insurance2020-05-14T15:13:18+00:00
29 10, 2019

Should I take out tenant’s liability insurance?


Should I take out tenant’s liability insurance? Have you just signed your tenancy agreement and are getting ready to move into your new property?  Maybe you have lived in a rented property for a while but you have never taken out any insurance cover?  Whether you are moving into a new flat or a house or you have been there for yours, if you haven’t already done so, you should really think about taking out tenants liability insurance.  Here’s a bit of information to help you with the decision. What is tenant’s liability insurance? When you rent a property your tenancy agreement normally comes with a list of things which are in the property such as fixtures and fittings and household items.  At the end of your tenancy agreement, and sometimes at intervals in between, your landlord or their agent will check that these things are still in the [...]

Should I take out tenant’s liability insurance?2020-05-15T08:43:35+00:00
25 10, 2019

Landlords Cover and Fire Cover


Landlords Cover Customers will often call us and ask for Fire Cover or Landlords Cover when taking out a policy. This terminology often originates from lenders and banks, who insist that where there is a mortgage in place, there is also fire cover in place. When taking out Fire Cover or Landlord Cover as it is more commonly known as. Do you know what you are actually being insured for? We let’s look at the main covers under a standard Landlord Insurance policy for a Residential Buy to Let Policy. Fire Cover Fire is self – explanatory. Normally from an electrical fault for example or from an explosion. Top Tip – check your policy covers Fire AND also does not exclude arson. Not all policies cover arson. Get a Quote Insurance under one roof We are specialists in many types of [...]

Landlords Cover and Fire Cover2020-05-14T15:34:30+00:00
24 10, 2019

Landlords Contents Insurance


Landlords Contents Insurance Landlords Contents Insurance Let’s say you are Property Investor and the immediate thought is let’s get the building covered as that is where the biggest risk is. Right? Well, not ALL of the time. Yes, or course get the building insured as a matter or priority to get immediate protection on your hard earned investment, but don’t forget about the contents which becomes even more important when the property becomes occupied by a tenant. Let’s look at why in a moment, but first, what is landlords contents insurance?Question: What is the most common Landlord Insurance Claim. Answer: Escape of water claim to landlords contents including carpets! What is landlord contents insurance? These are the contents owned by you, the landlord. Imagine you but a property to rent out and decide to get a tenant after some general sprucing up of the property. Then you get the [...]

Landlords Contents Insurance2020-05-14T15:42:00+00:00
23 10, 2019

Protect the Family with Insurance


Get the correct Cover There are loads of insurance companies out there and loads of insurance broker to choose from. Today it is easy to go online and search them out. Competing insurers will often give fantastic offers at discounted prices. The temptation, of course, is to go for the 'cheapest' one - especially when you are trying to make savings at times of relative hardship! For example, let's say you own a 4 storey Victorian Town House. You go online and fill in their online form, and there is a fantastic premium quoted. It halves your current insurer's renewal price and provides all the best cover available. BUT, there is one problem - you filled the form in incorrectly by mistake. You have confirmed there are only 3 floors at the property. You think, "No big thing, right?"  Wrong! How do you know the insurer covers properties with [...]

Protect the Family with Insurance2020-05-15T08:45:56+00:00
18 10, 2019

Landlord cover with public liability


Landlord Cover with Public Liability What is Landlord Cover? Landlord cover is insurance for landlord which includes insurance for Flood, Storm, Fire, Loss of Rent, Theft, malicious damage, accidental damage, to name a few. Most importantly it includes Landlord Liability Cover. Top tip when buying Landlords Insurance Make sure the Property Owners Liability or Landlord Liability is sufficient - Property Insurance Centre can offer policies that provider the landlord with cover up to £2,000,000, £5,000,000 or even £10,000,000 for much larger property, such as a large flats insurance. You need to assess the risk at your premises, by thinking of who visits your property and how often people visit the property - all of which increases the risk of higher landlord liability required. Get a Quote Insurance under one roof We are specialists in many types of insurance [...]

Landlord cover with public liability2020-05-14T16:14:30+00:00
24 09, 2019

Block of Flats Insurance and Best Landlord Insurance


Block of Flats Insurance Quotes How do you get the best landlord insurance if you are renting your single flat out, or if you own a block of flats freehold, and the property is occupied by leaseholders and private working tenants on a 6 months tenancy agreement. Well, there are many providers out there, but you need to know what you SHOULD be insured for. It can often be said, your tenant or occupant is the driving force behind the type of insurance and cover you need. So think carefully. Below are some examples of different combinations - be it purpose built, converted house or a mixture of tenant types, such as leasehold and private 6 months AST. Top Tip - If you own a block of flats building and rent out half with the other half owner occupied, make sure your policy covers both alternative accommodation AND Loss [...]

Block of Flats Insurance and Best Landlord Insurance2020-05-14T16:21:50+00:00
29 06, 2019

Commercial Insurance NI


Commercial Insurance NICommercial Insurance Northern IrelandWhether you have a small family owned business, rent lots of properties across Northern Ireland or run a global multi-national organisation you need commercial insurance that suits your needs and your organisation.  Our team of specialist brokers at Property Insurance Centre in Northern Ireland are dedicated to finding you the right insurance for your needs at the best premium. We specialise in Commercial Insurance Northern Ireland.Some examples of some local business types we support:Ice Cream Shop InsurancePublic House InsuranceFinancial Advisers Office InsuranceLocksmith InsuranceRestaurant Insurance including Takeaways Get a Quote Insurance under one roof We are specialists in many types of insurance Why Choose us for your Insurance NI?We are a locally based company in Newtownards, Co DownOur Staff are QUALIFIED Cert CII.We are MORE [...]

Commercial Insurance NI2020-05-15T14:15:55+00:00
29 06, 2019

Residential Landlords Insurance


Residential Landlords Insurance All landlords know that they have responsibility for insuring their building and anything they own within the building. Tenants should have contents insurance for their own possessions which are in the building – but they are not responsible for insuring the building itself. While these roles are clear to many people, there is often confusion about what insurance cover residential landlords need. Here is a quick guide to the policies which are provided by Property Insurance Centre who are experts in Residential Landlords Insurance based in London and Northern Ireland. What is covered with our landlord insurance? As a basic residential landlord’s insurance must cover any potential damage to the building itself such as a flood (depending on the location and flood history of the area) or a fire. This is similar to normal household insurance but a normal household insurance policy would be invalid if [...]

Residential Landlords Insurance2020-05-15T15:10:14+00:00
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