Contents Insurance - Protect Your Property Now!

By Author: Sadhana Dhanyal
Total Articles: 2542
Comment this article

Landlords are always placed under the threat of losing out their property to unwanted tenants. It is indeed very difficult to predict to predict what kind of tenant you may end up with. You can certainly not go inside their minds and come to a conclusion as to what type of tenants they may be. It is very difficult to predict if the tenant will live up to your expectations or not.

If you have placed a sizeable amount of property in the building and are afraid it may get damaged due to a fire breakout or any other kind of natural calamity, you can avail contents insurance. With out Buildings and Contents Insurance, you can be rest assured, you will be protected against loss or damage through:

Explosions
Theft
Storm and flood
Earthquakes
Fire and lightning
Burst pipes and oil tanks
Subsidence
Smoke damage
Aircraft
Riots and vandalism
Vehicle impact
Falling trees

However, you must ensure, you don't leave the building unoccupied for 30 days or more. You must also not expose yourself to risks by having inadequate cover. ...
... To take a decision further, you can take care that the building is in a good state of repair. This will certainly minimise the risk of damage to the property. If you can keep a detailed record of the dates in which you have visited and inspected your property, it can prove to be very helpful.

In case of any kind of loss, such as damage by theft, attempted theft, malicious damage, violent disorder, riots or civil commotion or the disappearance of valuable items, you must immediately notify the police. In this regard, landlords' property insurance is the best way to protect against any kind of possible loss.

Have you been planning to go on a holiday? If yes, then it is advised that you protect your holiday homes against all kinds of likely risks. The general kind of insurance may not suffice for you. Hence, it is suggested that you avail an exhaustive and exclusive insurance cover that can help you protect the contents housed inside the premises.

You may wonder when you can do with a general type of cover, why you should opt for an exclusive cover? The reason to this is that an exclusive kind of cover will help protect the salient features of the house. You must be aware of the fact that a property owner is liable to a claim of up to £2 million. Moreover, it will also cover against the loss of rent up to 20% of the sum insured on the buildings damaged or destroyed if the property is uninhabitable. Hence, availing this kind of insurance is certainly a profitable deal.

Sadhana Dhanyal,content developer. For more information: Holiday Homes Insurance


Get more information on: Rental Property Insurance