Article by Michael Harrah
Guide to Landlord Insurance for Buy to Let Property
Article by Home and Legacy
Securing housing is one of the primary expenses in everybody’s financial budget. Protecting the investment is important. Homes are often passed down from one generation to the next. Many people who acquire property via inheritance decide to become landlords. Investment properties often take a large amount of time and monetary investment to maintain. If you are letting, you should be aware there are important differences between specialist buy to let property insurance, and other available insurance options. Here are a few tips on how purchasing specialist landlord insurance can help you to secure your investment.
Understanding buy to let landlord insurance is important for every investment property owner. The coverage on a buy to let insurance policy typically includes landlord property insurance, liability insurance, and contents insurance.
Landlord contents insurance protects the contents that you leave in your property from damage that may occur while the home is occupied by the tenant. Cover is provided for damage that results from unforeseen circumstances such as fire, theft, flood or storm and some policies can even include protection against theft by tenants or damage caused by the tenants.
Buy to let insurance is also available to help to protect the rental income which you will receive every month from your tenants.
With adequate insurance protection in place landlords renting out their personal homes can rest assured that their homes will be protected against most natural disasters and damage caused by the tenants.
Many of life’s unexpected events can be financially devastating for the unprepared. The time spent understanding and securing the right insurance coverage will ensure you are adequately protected.
Use these tips to help you obtain the best insurance product for your home that you are renting out or several rental properties.
Home & Legacy provides household insurance, travel and motor insurance for mid/high net worth individuals and landlord insurance policies at competitive rates.
Customers can visit http://www.homeandlegacy.co.uk for further information.
Home & Legacy Insurance Services Limited is a wholly owned subsidiary of Allianz Holdings plc, registered in England number 3007252. Registered office: 57 Ladymead, Guildford, Surrey, GU1 IDB.Home & Legacy Insurance Services Limited is authorised and regulated by the Financial Services Authority.
For all additional press queries please get in touch with: Dan Tunna using dan.tunna@allianz.co.uk or otherwise call 01483 552 969
About the Author
http://www.homeandlegacy.co.uk
InsuranceHotline.com Launches Insurance Myth of the Week Program
InsuranceHotline.com Launches Insurance Myth of the Week Program
Toronto, ON (PRWEB) January 19, 2012
There are so many fallacies about insurance that pervade the market. In an attempt to dispel these myths and educate consumers, InsuranceHotline.com has launched a myth of the week program. Each week, a new myth will be featured and exposed on InsuranceMyths.ca, covering many types of insurance including auto insurance, home insurance, travel insurance, life insurance and motorcycle insurance.
“InsuranceMyths.ca was developed to shed light on some of the most common myths because informing consumers to help them save on insurance is our primary objective” says Tammy Ezer of InsuranceHotline.com. “Myth-related content tends to perform well and there are a surprising number of insurance myths out there so we decided to launch a program exclusively focused on this type of content.”
The videos begin with ‘man-on-the-street’ interviews to establish consumer perceptions regarding the myth in question. They proceed to reveal the truth behind the myth as viewers discover the accuracy, or lack thereof, of consumer opinions by learning something specific about the topic being investigated.
For the month of January, the following myths have been/will be investigated and revealed.
Accident Forgiveness – Consumers learn the truth behind accident forgiveness and what it actually covers.
Young Drivers – Do young drivers always pay more for car insurance? Find out on InsuranceMyths.ca
OHIP Coverage – Many travelers may think that everything is covered through OHIP while travelling outside of the province or the country. Watch the video to find out if this is true.
Weather-Related Car Accidents – This topic is very relevant, as the winter weather is here. Find out if drivers can blame car accidents on snowy weather or icy road conditions.
Home Insurance Coverage – Does home insurance cover ‘acts of God’ such as tornadoes and hail storms? It’s important to know what a home insurance policy actually covers.
Knowing the true facts behind insurance is very important; as any false insurance information can cost people money. Everyone needs to stay informed about insurance and understand what is covered on an insurance policy. Simply visit InsuranceMyths.ca each week to dispel a new insurance myth.
About: InsuranceHotline.com is a free online insurance rate comparison service that directs consumers to its large network of more than 30 insurance companies and licensed insurance professionals and provides quotes based on the lowest rates available through its network. In business since 1994, InsuranceHotline.com does not sell insurance, is not a licensed broker, and is not owned in whole or in part by an insurance company, agent or brokerage; ensuring consumers get a truly unbiased quote.
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Types Of Business Insurance; Commercial Property Insurance
www.StartupOwner.com Commercial Property Insurance Property insurance covers everything related to the loss and damage of company property due to a wide-variety of events such as fire, smoke, wind and hail storms, civil disobedience and vandalism. The definition of “property” is broad, and includes lost income, business interruption, buildings, computers, company papers and money. Property insurance policies come in two basic forms (1) all-risk policies covering a wide-range of incidents and perils except those noted in the policy; (2) peril-specific policies that cover losses from only those perils listed in the policy. Examples of peril-specific policies include fire, flood, crime and business interruption insurance. All-risk policies generally cover risks faced by the average small business, while peril-specific policies are usually purchased when there is high risk of peril in a certain area. Consult your insurance agent or broker about the type of business property insurance best suited for your small business. youtu.be For More information on How to start your own business, visit www.StartupOwner.com You will be able to access more Free Tips and Learn how to become a successful Business Owner Today.