Consider home emergency insurance
Broken boilers can cause a host of problems for you and your tenants – no one is happy with cold showers and freezing houses in winter. Getting in plumbers and electricians at short notice can be costly, especially at awkward times of the year such as Christmas. Home emergency insurance prevents you footing the bill and is a valuable addition to your landlord insurance, keeping both your tenants and your wallet happy.
Don’t skimp on landlord insurance cover
Though it can be tempting to amend your policy and remove features to save a few pennies across your policy, it’s not something worth considering with landlord insurance. When the risks are so high, snipping pounds off of a policy that could save you thousands is a major false economy.