8th Feb 2023
Are your landlords underinsured?
As the underinsurance gap in the UK widens, largely due to the rapid rise in inflation and the cost of both building materials and labour, Total Landlord Insurance have warned that they are seeing a significant increase in landlords who are underinsured for their rental properties. Specialist landlord insurance includes cover for the cost of rebuilding the property, for example if it were to be damaged by fire, flood or severe weather. To have the right level of cover, the insurer must be fully aware of the current rebuild cost – the cost it would incur to replace the building ...