House Insurance for Tenants
Landlords are responsible for insuring the building that you are living in, both from structural damage and weather damage. However, if you are renting a property and are looking for the peace of mind possible in knowing that your possessions are completely covered, then you must make your own arrangements for contents insurance.
Some insurers have a specific ‘tenants insurance’ that you can arrange. You may also be able to cover your liability if you personally cause any damage to the property that you are living in. As with all house insurance policies, the details will vary for each insurance company. You will need to check your policy documents carefully to determine the actual level of cover you have.
As you are a tenant, there may be occasions when either tradesmen or your landlord need to gain entry to the house or flat when you are absent (in the event of a water leak, for example). If you have valuable items then you should take care to lock them away just for added peace of mind as if they are stolen or damaged then it may be more difficult to claim on the grounds that they were easily accessible.
As with other house insurance policies, tenant’s contents insurance can be arranged so that your valuable items can be listed and covered individually and you will be charged an excess in the event of a claim. You will also find that your quote varies depending on the area you are living in and the measures taken to prevent loss and damage. The more preventative measures both you and your landlord take; the better your chances of obtaining a cheaper policy.
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