Landlord liability insurance

Did you know that as a landlord you could be liable for liability claims? Your tenants could take legal action against you for bodily harm or loss of property due to something being wrong with your rental property.

Under the Defective Premises Act 1972 a landlord has an obligation to keep a property in a state of good repair and failure to do this could mean a claim by a tenant.

You must be aware of your duties as a landlord because the tenants have no obligation to let you know if a property needs work and if you do not make the necessary arrangements and carry out the work in a "professional/workmanlike manner" and with proper materials, you could then also be liable for a claim against you.

Simply stated landlords liability insurance cover will cover you up to £2 million for any claim that arises against you for the rental of the property, this also includes the cost of defence and legal costs.

Some of these claims can be large and with no win no fee lawyers and the general trend towards the UK blame culture, can you afford to be without liability insurance as a landlord?