As a landlord, it is important to get the right insurance to cover your property and legal responsibility to your tenants. Here is what you need to know about landlord insurance.
Do you need it?
You should consider landlord insurance if you do either of the following:
Rent a house or flat to paying tenants
Rent a house or flat to paying family members
Some lenders insist you get insurance before they offer you a mortgage, but it is not a legal requirement.
**Check the policy terms and conditions before you buy to find out what is covered, and what you will need to add.