If you are the owner of a property that is used for commercial purposes, you will be in need of landlord insurance. Purchasing and maintaining a commercial property is a significant investment which needs to be protected especially if it is your main source of income. Many property owners believe that a standard home insurance policy should provide sufficient coverage for a commercial building but the fact is that a commercial property requires different coverage than a home property due to the fact that a commercial property faces different risks than a home. Landlord insurance is therefore needed in order to protect a commercial property instead of the standard home insurance policy.
If you are in need of the most competitive landlord insurance policies, you should visit www.discountlandlord.co.uk . Their landlord insurance policies offer buildings cover and contents cover combined in one policy or as separate policies. One of the main benefits of their insurance policies is that landlords can obtain a combined insurance policy for their commercial and residential properties. If their building has been damaged to the extent that it becomes uninhabitable, cover is provided for up to 30% of the total sum for which the building is insured.
www.discountlandlord.co.uk provides contents cover for up to £40,000 which means that if the possessions in the property have been damaged, lost or stolen, landlords can receive up to forty thousand pounds to replace their possession.
In order to obtain a quote from Www.discountlandlord.co.uk, landlords need to provide total value of the building and its contents that they would like to insure. They will also need to describe the type of tenants that inhabit the building.
If you are a landlord, you may be wondering if landlord insurance is really necessary. Well, let me ask you this. Can you control the actions of your tenants? Can you prevent their actions from damaging your property? Can you prevent them from starting a fire? Where will your income come from if your property has been destroyed in a fire? I am sure that after seriously considering these questions, you will realize the importance and value of landlord insurance, you will visit www.discountlandlord.co.uk immediately.