If you are a landlord and aiming at protecting your property from surprise costs and legal problems, think of gas boiler insurance for landlords – something that gives a sort of a secure feeling of having boiler and central heating maintained and repaired at regular intervals, but without any great expenses. Interested?
If you are a landlord, then you’re legally responsible for the safety of the tenants and, according to the law, you should:
Many landlords still believe that having insurance is nothing but a money waste. However, those, who’ve already got one, are now talking about the main reasons to get reputable covers.
There are two primer reasons:
As for today, there is a great number of various gas boiler covers for landlords from different insurance companies. The choice of gas boiler insurance for landlords should always depend on the type of the system one has. Besides, it is also highly important to consider that most plans have limitations as to the number of claims one can make per year and the maximum amount that is allowed in every claim.
If there is a need to include safety inspections, annual services and scale damage, the premiums will be rather high. The only plus is the fact they can set one free of all problems from tenants. This makes them worth spending money on.
Among popular insurances there is a stand-alone landlord boiler insurance. It is mainly referred to as an optional extra to the landlord buildings as well as the contents policy. Some people benefits from the existing cover included.
An additional option is called landlords central heating insurance. This type normally covers boiler pump and gas boiler repairs, those of the property’s heating system together with related plumbing and electrical issues.
These insurances are now regarded as the best ways to make sure a landlord is not out of pocket when there is the need for emergency repairs in the rental property.
In case you want to include the cover to the insurance policy, it is highly important to take into consideration the following: