The benefits of buy to let insurance
While there are different types of home contents insurance, when it comes to the landlord renting out his place to a tenant like you, he would prefer to go for a simple and relatively less costly buy to let insurance policy.
Since the needs of different tenants are unique, the landlord can choose the type he wants and take advantage of some of the common elements of such policies such as:
• The freedom to pay premiums as per your convenience of either weekly, fortnightly or monthly
• The absence of paperwork since the transaction is done over the phone
• No need to have a bank account
• The rather low insurance amount of £1 per week
This insurance has all the coverage features of a normal home contents policy and will in the event of a catastrophe like floods or fire, replace any valuables such as television, computers, personal effects, furniture and even hard currency. It can also cover items like loss of keys, any damage to the contents in your freezer and so on.
The arrangement is such that the insurance company will provide you new stuff for the old ones you have lost with the only exceptions being clothes and other linen.
published:
08/03/2010 06:54:22
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