Derike

The main point of landlords offering their properties out for let is to receive an extra income. Why else would you invite complete strangers into a property that you own? So, by this reasoning, it is only natural that you should want to protect this investment as much as possible and transfer some of the risk over to a third party while taking some of the liability away from yourself.

With this in mind you would think that every landlord was adequately insured and properly covered in the event of accidents, damages etc… however this is not always the case and some landlords have found themselves seriously out of pocket because they have not had the proper insurance in place to cover themselves. This is very often true in the case of rent payments. Some tenants take advantage of the lackadaisical attitude of certain landlords when it comes to collecting rent and this has often resulted in the tenant fleeing before all the rent payments have been collected. Instead of ending up thousands of pounds worse off, with rent guarantee insurance you can reclaim all of this lost income and even get some money towards the legal expense of pursuing the money that you are, legally, entitled too.

Furthermore, some landlords do not have proper contents insurance and when their furnishings that they have provided in the flats and houses that they put up for rent have become damaged or stolen they find it hard to reclaim this expense as they often cannot contact the previous occupiers. With a proper and fully covered contents insurance policy (like those offered by Just Landlord’s insurance)  you can reclaim some, if not all, of the money that it takes to replace or repair the furnishings in the property without any unnecessary and added expense to yourself.