We have found that very often leasehold properties are insured incorrectly or do not achieve the level of cover needed to provide a safe guard for both Landlord and Tenant. Sometimes items included within an insurance policy are not required and items and areas of cover that should be in place are overlooked and missed out from the policy, leaving a Landlord or Tenant vulnerable when a claim is required.
Through our many years’ experience and working closely with independent insurance brokers we have established a relationship whereby those independent insurance brokers we have worked with are fully aware of the requirements and needs associated with leasehold and landlord tenanted properties. Using these connections you will be able to achieve both a competitive, if not cheaper insurance premium and be certain that the level of cover is correct for all your needs.
Directors and officers cover
If you are a Landlord or a management company that have secured your property by a limited company, you should also consider Directors and Officers insurance. (D&O cover) This type of insurance cover is relatively inexpensive but provides valuable protection to those who act on behalf of the company. Too often in the media today we are being made aware of a director of a large company who is being prosecuted or sued for his actions, but this happens to small companies as well – so why not safeguard yourself and your fellow directors and officers.
If you want to find out if your insurance is providing the cover you need and require please complete the form below and a partner broker will contact you.