Loss of Rent Insurance
Letting out property is a business in its own right. Supposing there was a flood at the property and it became inhabitable, the tenants may be forced to leave and find alternative accommodation, leaving the landlord with no rental income from this property.
It is important to read all the terms and conditions carefully as there will be some exclusions with this insurance.
An incidence such as the one mentioned above can be insured by Loss of rent insurance, which is commonly offered as a component of Landlord Insurance.
The insurance will provide cover for the loss of rental income for a specific period of time, usually until the property is habitable again. This cover can make a huge difference to the cash flow of the business.
Guide Contents
Landlord Insurance
Landlord Liability Insurance
Landlord Building Insurance
Landlord Contents Insurance
Loss of Rent Insurance
Compare Landlord Insurance
Frequently asked questions about Landlord Insurance
Where to get more help about Landlord Insurance
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