As you would expect loss of rent is a likely possibility if the property you are renting out is damaged to such an extent following a fire, flood, subsidence or malicious damage that it cannot be lived in or reasonable access is denied. Should this unfortunate scenario occur, you need to be satisfied that your landlord’s insurance policy adequately compensates you.

Fortunately, most landlord policies provide protection in the form of covering the loss of rent or providing reasonable alternative accommodation. In addition, your provider may also cover temporary storage costs for both landlords and tenant’s furniture and personal effects and alternative accommodation for pets. Be sure, to read the policy to understand the limits of cover and any exclusions that may apply.