Property Owners Insurance
Property owners insurance is designed for landlords, freeholders, investors, managing agents and property owners who need cover for buildings, liability and property-related risks.
Whether you own residential, commercial, mixed-use, let, vacant or portfolio properties, specialist broker support can help you review suitable cover options based on the property type, occupancy and risk profile.
Referral enquiries may be reviewed by a specialist insurance broker, subject to underwriting criteria, insurer acceptance, terms and conditions.
Specialist Referral Support for Property Owners
Property owners insurance can help protect buildings, rental income, landlord contents and legal liabilities linked to owning or managing property.
Quote Monkey may be able to refer your enquiry to a specialist insurance broker who can review the property details and discuss suitable cover options.
Common Insurance Sections for Property Owners
Buildings Insurance
Buildings insurance may help protect the structure of the property, including walls, roof, floors, permanent fixtures, fittings, outbuildings and communal areas, subject to the policy wording.
Property Owners' Liability Insurance
Property owners' liability may help protect you if a tenant, visitor, contractor, neighbour or member of the public is injured or their property is damaged and you are held legally liable.
Landlord Contents Insurance
Landlord contents cover may protect furniture, appliances, carpets, curtains and other items supplied by the property owner, depending on the property type and policy arranged.
Loss of Rent Insurance
Loss of rent cover may help protect rental income if the property cannot be occupied following insured damage.
Alternative Accommodation
Some policies may help with alternative accommodation costs for tenants if an insured event makes the property uninhabitable, subject to the policy terms.
Who May Need Property Owners Insurance?
Property owners insurance may be suitable for:
Residential landlords
Commercial landlords
Freeholders
Buy-to-let property owners
Mixed-use property owners
Blocks of flats owners
Property investors
Managing agents
Owners of let shops, offices or commercial units
Owners of unoccupied properties
Portfolio landlords
Owners of inherited or probate properties
Owners letting property to tenants
Owners with shared or communal areas
Factors That Can Affect the Cost of Property Owners Insurance
The cost of property owners insurance can vary depending on the property, tenants, occupancy and cover required. Common factors include:
Property address and postcode
Rebuild value
Property age and construction type
Residential, commercial or mixed-use status
Tenant type
Number of units
Claims history
Security arrangements
Flood, storm or subsidence exposure
Whether the property is occupied or unoccupied
Business activities carried out by tenants
Required liability limits
Contents value
Loss of rent requirements
Portfolio size and property spread
Residential, Commercial and Mixed-Use Properties
Property owners insurance can vary depending on how the building is occupied. A residential let property may need different cover from a shop, office, warehouse, block of flats or mixed-use building with commercial units below residential flats.
A specialist broker may ask how the property is used, who occupies it, whether leases are in place and whether there are shared areas, commercial tenants, vacant units or maintenance responsibilities.
Information a Specialist Broker May Ask For
To review a property owners insurance referral, a broker may ask for:
Property address and postcode
Property type and construction details
Rebuild value
Number of units
Occupancy details
Tenant type
Commercial tenant trades, where relevant
Lease or tenancy arrangements
Buildings and contents values
Loss of rent requirements
Claims history
Flood or subsidence history
Security details
Maintenance arrangements
Whether the property is occupied, partly occupied or unoccupied
Whether property owners' liability is required
Whether the property is part of a portfolio
What May Not Be Covered
Property owners insurance cover depends on the insurer, property type, occupancy, policy wording, exclusions and conditions. Common restricted or excluded areas may include:
Wear and tear or gradual deterioration
Poor maintenance
Existing damage or known issues
Undeclared occupancy changes
Unoccupied properties not disclosed to the insurer
Tenant business activities not declared
Subsidence, flood or storm restrictions depending on location
Theft without forced or violent entry, depending on the policy
Damage caused by illegal activity, depending on policy terms
Major works or structural alterations unless agreed by the insurer
Liability claims outside the scope of property owners' liability cover
Always check the full policy wording, schedule, exclusions and conditions before relying on cover.
Request a Specialist Broker Referral
If you need property owners insurance reviewed by a specialist broker, you can submit details of the property, occupancy, tenants, rebuild value, liability needs and required cover.
Referral enquiries may be reviewed by a specialist insurance broker, subject to underwriting criteria, insurer acceptance, terms and conditions.