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Buy-to-Let Insurance Checklist: 6 Must-Have Covers for Landlords
When renting out a property, it is important to understand exactly what buy-to-let insurance can cover. There is no single legal requirement for…
Buy-to-LetInsurance
Buy-to-Let Insurance
Buildings, contents and liability cover that meets what your buy-to-let mortgage lender requires.
Buildings, contents and liability cover that meets what your buy-to-let mortgage lender requires.
Lender rebuild costRent while mortgagedLandlord contents
Compare from 20+ Trusted Insurers
Speak to a specialist 0330 027 0996
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What is buy-to-let insurance?
Buy-to-let insurance is landlord cover for a property bought as an investment and let to tenants. It combines buildings cover for the structure, landlord contents, and property owners’ liability, and is usually a condition of your mortgage.
Almost every buy-to-let lender requires buildings cover set to the full rebuild cost before releasing funds, and will expect it maintained for the life of the loan.
The right buy-to-let cover depends on:
Your lender’s requirementsFreehold or leaseholdTenant type and tenancyRebuild cost of the propertyAnnual rental incomeNumber of properties mortgaged
Is buy-to-let insurance right for your property?
Is buy-to-let insurance right for your property?
If you have a mortgage on a property you let, this is the cover built for you, whether it’s your first buy-to-let or one of several.
If you have a mortgage on a property you let, this is the cover built for you, whether it’s your first buy-to-let or one of several.
First Buy-to-Let
A single mortgaged property let to private tenants on an AST.
Leasehold Flats
Where the freeholder insures the block but your lender still wants proof of cover.
Furnished Lets
Properties let with white goods, carpets and furnishings you own.
Let-to-Buy
Where you let a former home after moving, often on a consent-to-let or BTL remortgage.
Limited Company BTL
For properties held in a personal name or a LTD company.
Buy-to-Let Portfolios
Landlords with several mortgaged properties under one policy.
What could put your buy-to-let at risk?
What could put your buy-to-let at risk?
Fire and escape of water cause most buy-to-let claims, and both can leave a mortgaged property uninhabitable while repayments continue.
Fire and escape of water cause most buy-to-let claims, and both can leave a mortgaged property uninhabitable while repayments continue.
Damage to the structure, fixtures and fittings, the loss your lender’s buildings cover requirement exists to protect against.
How could a claim affect your property?
How could a claim affect your property?
A single incident can stop your rent while your mortgage still needs paying. Here are four common scenarios and the cover that responds to each.
A single incident can stop your rent while your mortgage still needs paying. Here are four common scenarios and the cover that responds to each.
Fire
A fire damages the property and your tenant has to move out.
What cover may respond?
Buildings + Loss of Rent
Escape of Water
A burst pipe damages the structure and the tenant’s belongings.
What cover may respond?
Buildings + Property Owners’ Liability
Storm Damage
Severe weather damages the roof and the property is uninhabitable.
What cover may respond?
Buildings + Loss of Rent
Visitor Injury
A tenant is injured by something at the property.
What cover may respond?
Property Owners’ Liability
Who needs buy-to-let insurance?
If you have a buy-to-let mortgage, your lender will almost certainly require buildings cover at full rebuild cost as a condition of the loan, and will expect it kept in place for the life of the mortgage.
This cover may be suitable for:
First-time buy-to-let landlordsOwners remortgaging a rental propertyLet-to-buy and consent-to-let landlordsOwners of furnished rentalsLandlords with multiple mortgaged propertiesOwners letting leasehold flatsCover built around your buy-to-let
Cover built around your buy-to-let
Most buy-to-let landlords start with the buildings cover their lender requires, then add liability, loss of rent and contents depending on how the property is let.
Most buy-to-let landlords start with the buildings cover their lender requires, then add liability, loss of rent and contents depending on how the property is let.
Buildings Insurance
Protection for the structure, set to full rebuild cost, the cover your lender requires.
Property Owners’ Liability
Protection if a tenant or visitor is injured at your property.
Loss of Rent
Helps replace rental income while the property is uninhabitable, and your mortgage still needs paying.
Landlord Contents
Cover for white goods, carpets, curtains and furnishings you provide.
Rent Guarantee
Covers unpaid rent and legal costs if a tenant defaults, useful when a mortgage depends on that income.
Legal Expenses
Additional legal protection for tenancy disputes and possession proceedings.
How the quote process works
How the quote process works
Simple steps. Expert advice on the cover your lender and your property need.
Simple steps. Expert advice on the cover your lender and your property need.
1
Tell us about your property
Type, location, tenancy and your lender’s requirements.
2
Set your rebuild cost
Cover should reflect rebuild cost, not the purchase price.
3
We compare specialist insurers
We search our panel of specialist landlord insurers.
4
Get covered before completion
Receive your documents for your lender, usually the same day.
UK-based specialist advisersAccess to specialist insurersNo obligation, just expert helpTrusted by thousands of businesses across the UK
Trusted by thousands of businesses across the UK
From everyday business insurance to complex specialist cover, our customers trust Insurance Revolution to find the right protection and provide expert support when it matters.
From everyday business insurance to complex specialist cover, our customers trust Insurance Revolution to find the right protection and provide expert support when it matters.
Buy-to-let insurance guides
Buy-to-let insurance guides
Practical advice on lender requirements, rebuild costs and protecting rental income.
Practical advice on lender requirements, rebuild costs and protecting rental income.
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Is Buy-to-Let Insurance Legally Required in the UK? A Clear Answer
Letting a property can bring consistent returns, but it can also come with unexpected challenges. From physical damage caused by tenants to rent…
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Loss of Rent & Tenant Default Insurance: How to Protect Your Buy-to-Let Income
Owning a rental property can provide a valuable source of income, but landlords can face financial risk if tenants fail to pay rent or if the…
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Why Buy-to-Let Insurance Pays for Itself
Owning a rental property can bring steady income, but it also comes with risks. Whether it is a single flat or a portfolio of houses, buy-to-let…
Buy-to-let insurance FAQs
Buy-to-let insurance FAQs
Straight answers on lender requirements, cover and cost.
Straight answers on lender requirements, cover and cost.
Buy-to-let insurance is landlord cover for a property bought as an investment and let to tenants. It combines buildings cover for the structure, landlord contents, and property owners’ liability.
Still have questions?
Our advisers are here to help you find the right solution.