Buildings insurance is a broad policy that covers various damages to a property that range from from acts of nature to vandalism. As a result, it is important to comprehend the exact coverage that each provider is offering. It is an essential policy for all landlords, and should be as deep as it is broad. Be aware, however, that while it does cover fixtures and features, including patios, It also does not offer protection for the building’s contents, whether yours or your tenants.
The contents referred to by this policy are that of the landlord’s, not of the tenants, although there are options that include both. Contents includes coverage for soft furnishing, such as curtains and carpets, large items, such as sofas and beds, white goods, including fridges and washing machines, and various other items, cover of which may depend on the specific policy on offer. Designed for landlords offering furnished properties, it is an essential policy if the contents in question are worth thousands of pounds, no matter how well trusted your tenants are.