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Rental Property Insurance

Safeguard your investment with rental property insurance.

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Landlord rental insurance

In a perfect world, your property would require very little maintenance or attention. For the most part, this tends to be the case, although things can sometimes go wrong. So, it’s always good to protect your property against standard perils with specially designed landlord insurance for a rental property.

What is rented property insurance?

Put simply, it is essentially home insurance but for rented properties. It is designed to cover the property whilst your tenant is the resident and can be combined with other insurance policies to protect property owners and landlords

There are also additional policies available to you as a CIA customer:

Legal Helpline – Our legal helpline is open 24 hours a day, 365 days a year. We’d be happy to offer legal advice regarding any legal issue over the telephone.
Legal Protection – If your tenants refuse to leave your property after the eviction date stated on the notice, you can cover up to £50,000 of the legal costs to evict your tenants through the court.

Why do I need landlord insurance for my rental property?

Even if you have upstanding tenants and your property is well-maintained, you may encounter unexpected situations that make things tricky. A standard home insurance policy won’t cover unforeseen circumstances in your rented property. That’s why it’s always imperative to take out landlord insurance for rental properties.

While landlord insurance for a rental property is not a legal obligation, mortgage lenders will insist you have a specialist landlord insurance policy before your tenants move in.

What does landlord rental insurance cover?

Typically, a specialist policy will cover the following:

Buildings insurance

Contents insurance

Liability insurance

Alternative accommodation costs

Loss of rent

Extensive Cover
Buildings & Contents Covered
Loss of Rent Cover
Any Tenant Acceptable
Unoccupied Properties
100% Flat Roof Coverage
Commercial Let Property
Non-standard Construction Properties

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Why choose CIA's rented property insurance?

Who said you need to take out a fortune to find rental property insurance? Thanks to our extensive experience specialising in niche areas of the landlord insurance market, we can help you find the cheapest rental property insurance. That way, your pockets shouldn’t feel a pinch.

Once you’ve taken out your policy, your documents and policy booklet will be emailed over to you within 48 hours. If you’re struggling to make sense of your policy details, we’d be happy to answer any questions you may have and offer our expert advice. We will always contact you prior to your renewal date to provide a competitive quotation for the following year, giving you one less thing to worry about.

Rest easy knowing that you’ve found the cheapest rental property insurance. To get your cheap rental home insurance sorted call us on 01788 818 670. You can also head over to our online form to get a quote on a cheap rental home insurance policy today.

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Home selling secrets

Amina was very helpful in sorting out my landlord’s insurance and spotted an error in my cover which helped reduce my premium.

First time landlords

We are first time landlords and you gave good advice and the process was easy and good value.

A pleasure to deal with

A pleasure to deal with, the lady on the phone was a credit to her company.

Frequently asked questions

When will I get my documents?

Documentation is usually emailed to you within 48 hours but we are happy to post out hard copies upon request. All of our policy booklets are available online and a link will be provided in your welcome pack.

How do I calculate my rebuild cost?

Your rebuild cost, sometimes referred to as building sum insured or reinstatement value, can be most accurately found on a mortgage valuation. If you do not have one to refer to then you can try the Building Cost Information Service (BCIS) commissioned by the association of British Insurers. This free service can be found on https://calculator.bcis.co.uk/.

Do my documents show the amount I have actually paid for the policy?

When documentation is issued at inception and renewal we will provide a Statement of Price this will show the amount paid and a full breakdown of any other fees charged.

What is Loss of Rent Cover?

This will cover you in the event of Loss of Rent and/or alternative accommodation should your property become uninhabitable due to an insured peril covered by the policy, eg Fire, Flood.

What is Property owners Liability?

Property Owner Liability is standard on all of our policies, this will cover the Landlord as the legal owner of the property for any damages, claimant costs and expenses in the event of accidental death, bodily injury, illness, disease or accidental loss or damage to property.

What is White Goods cover?

If your policy includes free white goods cover then any freestanding washing machines, fridge-freezers, cookers, tumble dryers & dishwashers that you have left for your tenant to use, will also be insured for all the perils that are listed under the buildings section of your policy.

Can cover be increased after the unoccupancy clause?

No, unfortunately we are unable to increase cover at the end of an unoccupancy clause. If the property remains vacant, cover is reduced and then increased when the property is re-tenanted.

Will my policy automatically renew?

None of our policies are automatically renewed, we will contact you 25 days prior to the renewal date with our renewal quotation with follow up notifications and ask you to contact us if your wish to proceed.

Can I cancel my policy?

You may cancel your policy at any point by sending us either emailed confirmation, confirmation by post or calling customer support on 01788 818 600.

What is an interested party?

An interested party is any other person or organisation with a financial interest in the property, such as a mortgage provider. An interested party – also known as an ‘additional interest’ – is a person or company other than the named insured on an insurance policy, which has an insurable interest in the person or property that the policy covers.

What happens if my property becomes vacant mid-term?

If your property becomes vacant mid-term, whether your insurance policy is affected or not will depend on a number of different factors. Contact our customer service department when you know your tenants are moving out and let us know what your intentions are for the property, we will then advise you on how this affects your insurance.

Does the type of tenant I have in my property affect my policy?

Yes, all policies are quoted and proposed on a variety of different factors, one of those being the tenant type. If the current tenant's situation changes and they become a different tenant type, you will need to make us aware.

What if my tenant works but also receives benefits?

We will just need to ask you a couple more questions in order for us to know how to class your tenant. Our insurers each have their own guidelines so this quote would be completed on the phone. To discuss the details, call us on 01788 818 670.

What does liability insurance mean?

The liability cover on your policy will insure you for any amounts you become legally liable to pay as damages and claimants costs for bodily injury, including death and disease and damage to property caused by an accident at the premises.

Does the policy cover me if my tenants are injured due to the property?

Our landlord insurance policies, where buildings are insured, include Property Owners Liability and where contents are insured include Contents Liability, so if the tenant is injured or contracts a disease due to the insured property and/or contents you would be covered. Employers Liability covers you for any damage caused to the property or to an individual by someone who is employed by you to work at the rental property under a PAYE agreement. The type of employee may be a cleaner or a gardener etc.

Do I have to have landlord insurance?

No, you don’t need to take out landlord insurance, however, a lot of mortgage lenders may insist you have it before you begin renting to tenants. Just because it’s not mandatory, it doesn’t mean that you shouldn’t take it out. Landlord insurance is really important for any landlord. It will help to safeguard your financial future and protect your investment from damage, problematic tenants and other unexpected costs. It gives you the peace of mind that situations out of your control will be covered under your policy.

How much does landlord insurance cost per month?

As of 2023, the average cost of landlord insurance per year is £170, which equates to roughly £14 per month. This will depend on various things, however, and you would need to consider aspects such as the year the property was built, the rebuild cost, the size of the property, and where the property is located.

Features And Benefits

Cover Type	High-Level Standard Cover	Optional Extra
Buildings up to the requested sum insured
Accidental Damage Cover to Buildings
Contents up to the requested sum insured
Property Owners Liability (Up to £5 million)
Landlords Contents Cover for White Goods (with some policies)
Cost of temporary accommodation (in the event of an insured peril)
Loss Of Rent Cover (in the event of an insured peril)
Malicious Damage & Theft By Tenants
Trace & Access Cover (most policies)
Landlord Legal Expenses
Legal Expenses & Rent Guarantee