Hello, I am just wondering what other landlords do for buildings insurance on their properties. I have seperate policies on each house that I rent out but wondered if there are cheaper options where a number of houses are insured on one policy. Also each house has its own legal cover - is this necessary for each one or should one policy cover all? Thanks for reading
CIA are very competitive
Beware all properties on one policy. If you claim against one will it increase the policy charges on all the other properties ( you will need clarification from your insurance provider)
Individual policies each have their own legal cover. On a group policy you will need clarification from your provider
Thank you. Hadn’t thought of the implications of making a claim as usually the excess payable makes it not worth while claiming anyway.