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Tenancy Agreements

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Section 21
Section 13 (2)
Sections 47 & 48
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Landlord Discussion

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Insurance

From: Jennifer J
Date: 09 Jan 2003
Time: 21:36:50
Remote Name: 195.93.32.14

Comments

Having inherited property with sitting tenants, I recently had to renew the buildings insurance. My first enquiry to the existing insurer was met with the commment "We don't insure rented properties but we will honour the cover until the renewal date - but you will need to look elsewhere for cover". This I started to do, but in the meantime was contacted by a salesman from the aforesaid insurance co(literally, "the man from the ***"!) who was puzzled as to why the policy had a cancellation notice on it; he wanted to know why...! I told him, and he said that he was perfectly happy to renew cover, provided I didnt suddenly start making a lot of claims! I thought that was rich, considering the fact that the previous landlord had been paying premiums for the last 13 years without ever having made a claim! The property is not in terribly good conditon and it strikes me that there may well have been things he should have claimed for but didn't. My premium is less than 150 p.a Does anyone think I got a good deal, or do you think I should go elsewhere - I find it rather alarming to think that I may have a policy which, if I do need to use it, will penalise me for being a landlord. Any advice?


Last changed: July 01, 2003

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