Standard home and contents insurance will not cover the landlords of rental properties; it is simply not sufficient for the often high risks involved in letting a property. This is why landlords insurance exists, as a specialist solution to offer landlords complete peace of mind. What does it cover? A standard professional insurance policy for …
Professional Indemnity, Liability and Small Business Insurance Articles
Landlords: are you covered for all unexpected costs?
As the landlord of residential or commercial premises, you will need more than just standard insurance to cover all costs that may arise whilst you are responsible for the property. Professional insurance especially for landlords can provide you with full, comprehensive cover for a whole range of major and minor risks, some of which you …
Beach Hut Insurance now available
Protect your beach hut for a very competitive annual premium and a low excess of just £25. Cover your beach hut buildings against storm, flood, fire, vandalism, inundation by the sea and many other risks. Cover your contents for similar risks and include items such as clothing, watercraft and accessories. Cover also includes Public Liability …
Risk limitation: the importance of landlord’s liability insurance
The point of taking out of any professional insurance policy is to protect against risk, and this is especially the case for landlords of domestic or commercial properties. As a landlord, you hold a great deal of responsibility for the tenants of your property. You need to ensure that the property is safe to live …
Landlord sued for damages by injured tenant after flat fire
A landlord in Norwich who was found guilty of numerous fire safety breaches after a serious flat fire last year is reportedly being sued for damages by a former tenant who suffered horrific injuries in the incident. The lawsuit has been filed by catering student Layla Skalli, who was 19 at the time of the …
Oracle sues remanufacturing partner over warehouse thefts
Oracle Corporation, the US-based multinational computer technology firm, is reportedly mounting legal action against a remanufacturing partner after a warehouse containing Oracle goods was broken into three times. Multis Limited in California is the target of the Oracle lawsuit, filed after a warehouse operated by the remanufacturing firm suffered numerous security breaches. On three occasions, …
Is landlord’s liability insurance essential?
Landlords have a responsibility to protect their tenants and the property they live in, and this starts with getting the proper professional insurance policy. Standard home insurance policies are not suitable for landlords, who need more a specific, comprehensive solution. This is why landlord’s liability insurance exists, covering the potential costs of building repairs, damage …
US homeowners demand compensation for Chinese drywall disaster
A class action lawsuit in the US over allegations that Chinese-imported drywall caused considerable home damage has now gathered as many as 152 claimants in three Homestead neighbourhoods, whilst the number of complaints to the Consumer Product Safety Commission over the product nationwide has reached approximately 3,300. The case has only recently been granted class …
Estate agents and surveyors blamed for fall in property prices
Following the steep fall in property prices and asset values starting from last year, property owners are pointing the finger of blame firmly at estate agents and surveyors who they believe were negligent. According to statistics published by law firm Reynolds Porter Chamberlain, twenty five professional negligence cases were brought before the High Court in …
Why your business might need a Commercial Property owners policy
If you’ve arranged all of your business insurance under one policy, you might be missing a fundamental and critical issue for protecting your property. Who owns the property that you operate your business from? If you own the property personally (or via a pension fund, separate business/company) then you need to arrange cover on a …
