Property Owners insurance is designed for individuals, companies, partnerships and investors who own residential, commercial or mixed-use property.
Whether you own a single investment property or a larger portfolio, insurance should reflect the construction, occupancy, tenant type, location and characteristics of the property.
A burst pipe causes extensive water damage to a rented property.
The property requires substantial drying and reinstatement work and the tenants are unable to remain at the property while repairs take place.
Subject to the policy terms, Buildings cover can respond to the insured damage while Loss of Rent or Alternative Accommodation cover may provide additional protection where included.
Property portfolios can quickly become more complex when there are multiple locations, different tenant types, unusual construction or renovation works.
We can approach both mainstream and specialist property markets where standard insurance solutions may not be appropriate.