Is there an insurance a landlord can take out that relieves his lodgers from having to take out their own?

-If a landlored takes out insurance on the property does this relieve his lodgers of having to do likewise?

Is there a type of insurance that allows a landlord to let out his property without the need for his lodgers to do likewise. That is even if they leave the plug in the sink and the taps running by mistake and flood the house the landlord will be able to claim all the costs back without the lodger having to be chased by the landlord's insurance company?The short answer is no, the landlord鈥檚 and tenant鈥檚 insurance are there to cover different things.



As a landlord, you should take out your own insurance to cover the building itself (Building insurance) and a certain level of cover for fixtures and fittings (Contents insurance). This will depend on if you let the property furnished or un-furnished but is typically a single insurance policy in your name. Depending on the level of cover you go for, this could easily cover the 鈥渋nsured peril鈥?of accidental damage such as a flood from a washing machine that is part of the property or an overflowing sink and there are specialist landlord鈥檚 insurance policies that covers this. It is then the tenants choice to take out their own separate cover for their personal possessions (Contents insurance) which will not be covered by your insurance. If you are unsure of how to progress, my advice would be to speak to a couple of independent insurance brokers.there are two different insurances; the one the landlord takes out covers the building and his contents, and should (check) cover tenant stupidity and malicious damage.



the tenant takes out cover for their own belongings. So in the above case, the landlord has insurance for things that belong to him, and the tenants' property is their own problem.