Landlord insurance is now widely offered by a variety of different mainstream and specialist property insurance companies. The increased availability of this type of insurance has meant that landlords insurance is more affordable now than ever before, however, for a number of British landlords despite the competitive rates their premiums remain relatively high. There are several different aspects property insurance companies consider when creating a premium.
Each insurer uses different ways of assessing your property’s premium amounts, generally most insurers will evaluate a variety of different aspects; in particular they will carefully consider your property’s location. If your property is located in a high risk area (an area where crime and vandalism are high) it may increase your landlord insurance premium. This is primarily because your property is more likely to be a victim of vandalism and theft.
Similarly, your properties history of previous claims will also greatly influence your … Read More…

