Monthly Archives: February 2012

What’s included in the cheapest landlord insurance quote?

If you are searching for the cheapest landlord insurance quote, you may be concerned whether the cover provided is sufficient for your needs. If that is a worry, therefore, you might wish to consider some of the following observations:

  • cheap is a relative term – what might appear to be the cheapest landlord insurance quote for you might be less so for someone else;
  • much depends, of course, on what you need the insurance to cover and the circumstances surrounding your particular ability to pay the necessary premiums;
  • if price is a factor influencing your choice of insurance provider, therefore, you may wish to pay special intention to exactly what landlord cover you need;
  • in other words, you may wish to avoid certain policies that include in their standard provisions cover which you do not, or are unlikely to, need – otherwise you may end up paying more than may be needed for unnecessary aspects of cover;
  • for example, you may want to ensure that your buy to let property is adequately protected against the major perils of fire and smoke damage, flooding, impacts from vehicles or falling debris, storm damage and vandalism, but is there any risk of subsidence affecting the building?
  • not all let property insurance (or owner-occupied home buildings insurance for that matter) automatically include cover against such a risk;
  • whilst paring down the cover you need to the barest essentials might be a way of making some savings, you might want to make sure that you do not overlook other items that might prove critically useful;
  • by way of example, there may be times when your property inevitably remains vacant (between change-overs of tenancy, say), when special provision may need to be made for the continuation of adequate cover. In that case, you may wish to seek out a separate unoccupied property insurance quote;
  • although a useful way of finding the cheapest landlord insurance quote might be to exclude all those items of cover which no not apply in your particular circumstances, therefore, you may still wish to ensure that adequate landlords cover on your property is maintained at all times.

What is female bike insurance?

Female bike insurance is one of a range of specialised lines of insurance that may prove to be advantageous in certain situations:

  • female bike insurance may offer policies that have been specially constructed around the realisation that women may be statistically less likely to have road traffic accidents than men;
  • you may also find other examples, including things such as convicted biker insurance – this provides cover for motorcyclists with penalty points on their licence and its primary objective may be to reduce the financial impact on your premium that such points may bring;
  • of course, providing cheap motorcycle insurance is not the only objective of such specialist lines, for example, multi-bike insurance policies may bring with them cost advantages to bikers who own several machines but they may also provide significant convenience advantages by allowing a single point of contact for all insurance issues relating to the collection;
  • classic bike cover may be another such example – if you have a machine that meets the insurance provider’s definition of a classic motorcycle (e.g. manufactured before 1990 etc) then you may be able to obtain a more cost-effective solution, as such providers may realise that you may be unlikely to be using your bike as extensively as you would a more modern machine;
  • if you are a motorcyclist at either end of the classic age range (say sixteen or seventy plus) then you may find it tricky to obtain motorcycle insurance through some providers but fortunately, some others may offer what they call older/younger motorcycle cover;
  • sometimes people riding scooters or mopeds may be overlooked by some providers but in fact, they are motorcyclists like any other – that is why those insurance providers who are able to offer scooter/moped cover may be interesting to people in those categories (for example, such policies may take cognisance of the fact that such riders may be unlikely to be doing excessively high speeds);
  • if you find that you are paying exceptionally high insurance premiums (perhaps over £1000 per annum) you may be interested in the fact that there may be special high premium policies available from some companies, who will do what they can to try and ease the financial burden on your pocket;
  • so, female bike insurance is only a single example of specialised lines of cover and they may be worth investigating further if you are looking for all the help you can get with your motorcycle insurance.

Landlords insurance online

There’s a lot to think about before a property can be let, especially for the first time. You will probably need to some decorating and DIY, as well as ensuring that the house conforms to regulations and safety standards. You will also need to look for suitable tenants and drawing up contracts that protect you if anything goes wrong in the future.

One thing that mustn’t be forgotten is insurance and with everything else that you have to think about, it is probably most convenient to research and buy landlords insurance online. Even if the house is already insured under a standard policy, it won’t be sufficient cover for when it is tenanted. The standard policy will be invalidated if you aren’t living in the house and you will need additional protection that the extra elements of a landlord insurance policy will provide.

A landlord has different needs to a homeowner who occupies their own home and landlord insurance policies take this into account. An example of this is the structural damage element; a standard policy will cover for fire or floods but a landlord’s policy will also include cover for any malicious damage.

However thorough your process for selecting tenants is, the truth is that you don’t know your tenant and if they deliberately vandalise the house, you will be able to submit a claim if you have a landlords insurance policy; The policy also needs to include such things as fitted bathrooms, kitchens and wardrobes.

A Landlord’s policy for contents covers any of your own furniture that remains in the property; this may include curtains, carpets and white goods, but do check your specific policy details as they differ between insurers and underwriters.

It isn’t likely that a landlord insurance policy will cover your tenant’s belongings but again this needs to be double checked and you should let your tenant know whether or not they need to purchase a policy which will provide them with cover for their own possessions.

The most efficient and cost effective way of discovering exactly what coverage is available and deciding which policy is most appropriate to your needs is by researching and landlords insurance online. Landlord buddy makes an excellent place to start.