Landlord Insurance

There are many insurance as a landlord you should have:

These being

Building Insurance
Content insurance
Landlord Insurance

In Most cases your Lender will require the property to have building insurance prior to settlement.

Content insurance can be attached to the building insurance although good landlord insurance will cover you for content insurance.

Landlord insurance

Before taking out landlord insurance cover we recommend you find out what the policy cover. As there are some very weak policy around. A good policy should cover these items

Property non-tenantable
Tenants absconding
Default of rent
No Vacant possession
Death of Sole Tenant
Legal expenses
Malicious Damage
Accidental loss or Damage to contents
Malicious Damage caused by tenant
Theft of contents
Legal liability cover.

You also need to check how much an insurance company will insure you for each of these items