Insurance policy to cover all types of accommodation letting and other specific requirement. As a let property owner protecting your investment with the right level of cover is vital for maintaining your property portfolio, covers such as accidental damage, property damage, cover can be arranged to suit your individual landlord insurances needs. We have displayed a sample policy documentation below so you can see what could be covered.

Landlord Insurance Sample Certificate Wording

Please note that the following is a standard policy wording, please check your own policy documentation for confirmation of cover. Should you require clarification please contact us on 0114 250 5225

Definitions

In this Certificate, words that are highlighted in bold have the following meanings:

Aerials
Satellite dishes, television or radio aerials, aerial fittings, aerial masts and plinths.

Asylum Seeker
Person who seeks the status of refugee in national or international law.

Brown Electrical Goods
Any electrical item except washing machines, kettles, toasters, sandwich makers, dish washers, fridges, freezers, spin dryers, tumble dryers, microwave ovens and vacuum cleaners.

Buildings
The Home and its domestic outbuildings, garages, greenhouses, terraces, patios, paths, drives, footpaths, walls, fences, hedges, gates, swimming pools, tennis courts, squash courts, fixtures & fittings and interior decorations

Contents
Household goods, furnishings and appliances, and Aerials for which You are responsible.

Damage
Accidental physical Damage to tangible property.

Holiday Home
A dwelling owned by the Insured, but not occupied as their main dwelling and used as a holiday home for the Insured’s Family, Friends &/or on a commercial Basis..

Home
The Insured Property as stated in the Certificate and the fixtures and fittings (including carpets and blinds).

Injury
Accidental death of, accidental physical bodily Injury, physical illness or physical disease to, any third party

Loss
Accidental physical Loss

Money
Cash, bank and currency notes, cheques, postal orders, postage stamps, savings stamps and saving certificates, premium bonds, luncheon vouchers, traveller’s cheques, phone cards, season tickets, gift vouchers, securities, documents, promotion vouchers and air miles vouchers.

Renovation
Internal painting and decorating, tiling, replacement of bathroom and / or kitchen fixtures and fittings including sinks, wash basin, w.c., bath and shower, carpeting, internal joinery, plastering, installation/repair of central heating and external window replacement.

Second Home
A dwelling owned by the Insured, but not occupied as their main dwelling and used as an alternative dwelling, but not rented out on a commercial basis.

Unoccupied
The Home is Unoccupied when it has not been lived in for 30 consecutive days or more.

Valuables
Any article made from precious metal, jewellery, fur, watches, photographic equipment, binoculars, telescopes, pictures, works of art, curios, stamp collections, coin collections medal collections or computer equipment.

We
Certain Underwriters at Lloyd’s.

Wider Perils
Fire, explosion, lightning, earthquake, Smoke, Riot, civil commotion, strikes, labour or political disturbances, Malicious acts or vandalism, Storm, Flood, The Building being hit by aircraft, other flying devices or anything dropped or falling from them, animals, falling trees, branches, telegraph poles, lampposts or pylons, falling Aerials, or vehicles, Subsidence or heave of the site the Buildings stand on or landslip and Accidental Damage to any cables or underground services pipes (including hatches and covers) servicing the Home,

Insured/You/Your
The person or people named in the Certificate Schedule.

Buildings Insurance
Subject to any Exclusions in this Section and any Conditions Precedent to Liability, Warranties, General Conditions, General Exclusions and Policy limits, We will cover You against Loss or Damage to the Buildings caused by an Insured Peril. We will not cover You for the Certificate excess shown in the Certificate Excesses section of this Certificate.

Insured Perils

1 Fire, explosion, lightning and earthquake

2 Smoke

3 Riot, civil commotion, strikes, labour or political disturbances, Excluding

a Loss or Damage while the Home is Unoccupied unless Wider Perils shown on schedule

4 Malicious acts or vandalism, Excluding

a Any claim for Loss or Damage of more than £5,000 caused by any person lawfully allowed in any part of Your Home
b Loss or Damage caused when the Home is Unoccupied unless Wider Perils shown on schedule
c Loss or Damage caused when the Home is occupied by Asylum Seekers.

5 Storm or Flood, Excluding

a Loss or Damage caused by frost
b Loss or Damage caused by a change in the water table
c Loss or Damage to gates, fences, terraces, patios, paths, drives, footpaths, walls, hedges, swimming pools, tennis courts & squash courts

6 Water or oil escaping from any fixed domestic appliance or system including any costs in locating the source of any escape, Excluding

a Loss or Damage while the Home is Unoccupied
b Loss or Damage to the appliance or system from which the water or oil escaped

7 Frost Damage to fixed water or heating systems in the Home, Excluding

a Loss or Damage while the Home is Unoccupied

8 Theft or attempted theft, Excluding

a Theft or attempted theft while the Home is Unoccupied
b Loss by deception unless the Home was entered using forcible, violent or visible entry
c Theft or attempted theft caused by a person lawfully allowed in any part of Your Home
d Loss or Damage caused when the Home is occupied by Asylum Seekers

9 The Building being hit by aircraft, other flying devices or anything dropped or falling from them, animals, falling trees, branches, telegraph poles, lampposts or pylons, falling Aerials, or vehicles, Excluding

a Loss or Damage caused to paths or drives by the weight of any vehicle
b Loss or Damage arising from cutting down or trimming of trees


10 Subsidence or heave of the site the Buildings stand on or landslip, Excluding

a Loss or Damage caused by or resulting from coastal or river or watercourse erosion
b Loss or Damage caused by faulty design, workmanship or material
c Loss or Damage caused by demolition of or alterations or repairs to the Buildings
d Loss or Damage caused by solid floor slabs moving, unless the foundations beneath the outside walls of the Home are Damaged at the same time and by the same cause
e The Home or land it is on settling, shrinking, bedding down or expanding
f Damage to walls, gates, fences, terraces, patios, paths, drives, footpaths, walls, hedges, swimming pools, tennis courts & squash courts or service tanks unless the Home was Damaged at the same time and by the same cause

11 Accidental breakage of fixed glass, sanitary fixtures and ceramic hobs forming part of the property, Excluding

a Loss or Damage while the Home is Unoccupied
b Loss or Damage to accessories and fittings
c Loss or Damage to ceramic hobs in free-standing cookers
d Chipping, denting or scratching

12 Accidental Damage to any cables or underground services pipes (including hatches and covers) servicing the Home, Excluding

a Loss or Damage to any part of the cable or service pipe within the Home

13 Accidental Damage
This extension only applies if shown in Your schedule.
We will pay for accidental Loss or destruction to the Buildings.

Exclusions

a We will not pay for faulty or defective design materials or workmanship, inherent vice, latent defect, gradual deterioration wear tear or frost
b We will not pay for explosion occasioned by the bursting of a boiler (not used for domestic purposes only) economiser or other vessel machine or apparatus in which internal pressure is due to steam only and belonging to or under Your control
c We will not pay for collapse or cracking of the Buildings
d We will not pay for corrosion, rust, change in temperature, dampness, dryness, wet or dry rot, shrinkage, evaporation, Loss of weight, contamination, change in colour, flavour, texture or finish, vermin, insects, marring or scratching
e We will not pay for acts of fraud or dishonesty
f We will not pay for disappearance unexplained or inventory shortage misfiling or misplacing of information
g We will not pay for cracking, fracturing, collapse or overheating of boilers, economisers, vessels, tubes or pipes, nipple leakage and or the failure of welds of boilers
h We will not pay for mechanical or electrical breakdown or derangement of machinery or equipment
i We will not pay for bursting overflowing discharging or leaking of water tanks apparatus or pipes occurring whilst the whole of the Home is Unoccupied
j We will not pay for normal settlement or bedding down of new structures
k We will not pay for Damage to property as a result of its undergoing any process
l We will not pay for Damage to property in transit m We will not pay for Damage to vehicles licensed for road use (including accessories thereon), caravans, trailers, railway, locomotives or rolling stock, water craft or aircraft
n We will not pay for property or structures in the course of construction or erection
o We will not pay for Loss or Damage specifically excluded elsewhere under the
Buildings section or elsewhere in this Certificate
p We will not pay for the cost of general maintenance or upkeep
Authorised and regulated by the Financial Services Authority June 2010

Metered Water
This certificate extends to include Loss from accidental escape of metered water from water tanks, apparatus and pipes in consequence of an Insured Peril but only to the extent that such Loss is determined by measurement from the water authority meter for which You are responsible. The amount payable is limited to such excess water charges levied by the water authority and in no case exceeding £5,000 in respect of any one Loss and £15,000 in the aggregate in any one period of insurance. You must record the reading of the meter at intervals of not more than 30 days.

Loss of Rent
We will pay up to 20% (or as stated in the schedule) of Buildings sum insured for Loss of rent if the Home becomes uninhabitable or partly uninhabitable and cannot be let due to one of the insured events listed in the Buildings Insurance section of this Certificate.

Exclusions

a We will not pay for Loss of rent arising from the tenants leaving the Home without
giving You notice
b We will not pay for rent the tenants have not paid
c We will not pay for Loss of rent to any Homes that were Unoccupied immediately
before the insured event giving rise to a claim
d We will not pay for any letting agents share of the rent or any other expenses You must
pay to the letting agent
e We will not pay for Loss of rent arising from any part of the Home that is used for
anything other than domestic accommodation
f We will not pay for Loss of rent after We consider the Home is fit to be let

Index Linking
We will increase Your sum insured each month in line with the house rebuilding cost index produced by the House Rebuilding Cost Index produced by the Royal Institute of Chartered Surveyors.

Transfer of Interest
If at the time of Loss destruction or Damage to the Buildings hereby insured the same are under a binding but uncompleted contract for sale by You and the purchaser does not hold any insurance against such Loss destruction or Damage then on completion of the sale and at the request of You the purchaser shall be entitled to the benefits of this certificate applicable to such Loss destruction or Damage without prejudice to the rights and liabilities of
You or the Us under this Certificate up to the date of completion.

Professional Fees and Other Costs
Following Loss or Damage due to an insured event We will pay for, provided Our prior written agreement has been obtained: architects, surveyors, legal and other fees, the cost of making the Buildings safe, removal of debris and clearing the site, the additional costs of rebuilding or repair arising from compliance with government or local authority requirements.

Exclusions
a Any costs in preparing a claim under this Certificate
b Costs arising under a notice served by the government or local authority prior to the Loss or Damage Unauthorised use of electricity gas or water We will pay for the cost of metered electricity gas or water for which You are legally responsible arising from its unauthorised use by persons taking possession of or occupying Home without Your authority up to a limit of £5,000. You shall take all practical steps to terminate such unauthorised use as soon as it is discovered.

Authorised and regulated by the Financial Services Authority

Settling claims for Loss or Damage
If the Buildings are damaged We will pay the cost of replacing or repairing the damaged Buildings provided:

i) the Buildings were in good repair before the incident giving rise to the Damage

ii) the sum insured is at least the same as the cost of rebuilding the Buildings
If the Buildings is an individual flat, forming part of a block, We will pay the cost to repair or replace the Damaged property providing the Buildings were in a good state of repair before the incident giving rise to the Damage and the sum insured is at least the same as the cost of rebuilding the Buildings. We will not pay for any Loss or Damage to common parts other than those parts owned by the Insured or for which they are legally responsible
If for any reason We cannot replace or repair the Damaged property We may at Our option pay an amount, not exceeding what it would have cost to replace or repair the damaged property, up to the sum insured.

If the Buildings are Damaged and the sum insured is less than the cost of rebuilding the Buildings then You shall be considered as being Your own insurer for the difference and shall bear a rateable share of the Loss accordingly.
We will not reduce the sum insured after a claim as long as the replacement or repair work is completed, and any recommendations We make to prevent further Damage, are carried out without delay.
The most We will pay for one claim is the sum insured for Buildings (less any applicable excess).
We will not pay for replacing any undamaged part or item forming part of a set.