Building/home Contents Insurance For Landlords

[jesmond]

nieces partner is thinking of renting out his house via estate agents, its currently empty so he only has building insurance on it, he thinks if he rents it out unfurnished then he should insure it under landlords insurance but should he have home insurance aswell even though the contents would not be his, I thought maybe he should have it as things like the kitchen and also bath, sink toilet are his and would come under fittings, thanx all

[Sycamore3House]

He just needs landlords insurance. Most landlord policies cover the fixture and fittings (eg bathroom fixtures and kitchen fixtures).

[jesmond]

but he would still have to keep getting building insurance wouldn't he?

[smurfchops]

Yes he would need buildings insurance, just mention it is for a landlord.

[boxtops]

When I let out my flat I kept the buildings insurance going, but made sure that my insurance company knew that I was letting the premises. The items you mention (fixed cupboards, toilet etc) are deemed to be part of the landlords' fixtures and fittings, as you don't expect to take them with you when you leave. Tenants' F&F are (generally) all the portable items, so they need to take out their own contents insurance.

[smurfchops]

Boxy did you pay buildings insurance to your managing agent together with their annual maintenance fee, you didn't take out separate buildings insurance, did you?

[boxtops]

Smurf, my managing agents did nothing except for find me a tenant and collect the rent and pass it over to me. It wasn't their responsibility to do anything else.

[Peter Pedant]

You need building insurance in a rented/let accommodation - which is relatively easy to fix up.

Your tenants' belongings you will find that you will not be able to insure as you are not able to minimise the risk. They have to do so.
I put it in the lease - altho clearly if they dont, it isnt a reason to break the lease. I dont think any tenant I know has ever been insured.
so if they are burgled they have to take the loss

You can ge landlords insurance against void periods, crap tenants and so on but I have no experience in this area