Bed and breakfast insurance

B&B contents insurance

In case disaster hits and your contents get damaged.

What’s typically covered by landlord contents insurance?

Claims against your business for:

• damage or theft of the contents of your property
• the cost of replacing your contents – including furniture, appliances, and decorative items

For example :

• there’s a break-in at your property and your TV and microwave are stolen
• a pipe bursts in the kitchen, damaging your washing machine, cooker, and fridge

Read more about landlord contents insurance

B&B buildings insurance

In case disaster hits and your property gets damaged.

What’s typically covered by buildings insurance for B&Bs?

Claims against your business for:

• damage to your property that means it needs a partial or complete rebuild, up to £1 million
• unexpected damage, caused by fire, flood, storm, or theft

For example :

• an electrical fault causes a fire in your property, damaging the floorboards, support beams, and roof
• a violent storm with sustained high winds causes severe damage to your property
• your property begins sinking into the ground, resulting in visible cracks across walls, ceilings, and floors

Read more about buildings insurance for landlords

Landlord home emergency cover

In case the boiler fails, or there’s a plumbing or electrical emergency.

What’s typically covered by landlord home emergency cover?

Claims against your property for:

• removal of vermin, such as rats or a wasp nest that’s preventing the use of a loft, or one or more rooms in your property
• room-only costs for one night’s accommodation, if the property remains uninhabitable after an insured event
• loss or theft of any external door keys

For example :

• your tenant finds a rat in the loft of your property, and there are signs that it’s been getting into one of the bedrooms
• a leak in the bathroom causes severe water damage to the downstairs rooms in your property – your tenants need to stay in a hotel for a night while it’s made fit to live in
• your tenant leaves their keys on a bus and you haven’t got another set, so you need to call a locksmith to access to the property

Read more about landlord home emergency cover

Landlord accidental damage insurance

In case your tenant or their guests accidentally damage your property.

What’s typically covered by landlord insurance with accidental damage?

Claims against your business for:

• the cost of replacing contents in your property if your tenants cause any unexpected damage
• someone visiting one of your tenants causes unexpected damage to your property or contents
• the cost of repairing your property or contents if they’re accidentally damaged

For example :

• during a party, someone spills red wine on the sofa you’ve bought for the property
• your tenant drops something on the kitchen floor causing damaging one of the tiles, and it needs to be replaced
• your tenant’s child throws a toy, breaking a light fitting and damaging the TV you’ve installed

Read more about landlord insurance with accidental damage

Property owners’ liability insurance

In case you’re legally responsible for injuries or property damage, as owner of the building.

What’s typically covered by property owners’ liability insurance?

Claims against your business for:

• bodily injuries caused by your property, including fixtures, fittings, and contents
• third-party property damage, caused by your property

For example :

• your tenant slips on a loose piece of carpet, causing long-term back pain
• your ceiling lamp falls on your tenant’s laptop, breaking it in the process
• a delivery person trips on a loose pavement slab at your property and breaks their ankle

Read more about property owners liability insurance

Tenant default insurance

In case your tenants don’t keep up their rental payments.

What’s typically covered by tenant default insurance?

Claims against your business for:

• you will be protected up to £50,000 in case you are forced to evict tenants for nonpayment of rent over the course of a year

For example :

• your tenant misses four months of rent – you’ve tried to negotiate part payment, but the tenant has stopped answering your calls, so you decide to serve notice
• you’ve negotiated a payment plan to help an unemployed tenant cover their rent but they don’t make repayments – your tenant default insurance starts after you serve an eviction notice
• the cost of utility bills has made a tenant consistently fall short on their rent so you serve them an eviction notice

Read more about tenant default insurance

Rental income protection insurance

In case damage to the property stops your tenants trading, and paying rent.

What’s typically covered by rental income protection insurance?

Claims against your business for:

• loss of rent if your property is uninhabitable due to an ‘insured event’ such as a fire, flood, or storm
• damage to your property means you can’t rent it out to new tenants

For example :

• a heavy storm badly damages the roof of your property, so it’s unsafe for tenants to live there until it’s repaired
• your property gets badly flooded, making it uninhabitable for tenants
• you need to recover lost rental income because a fire in the kitchen means your tenants can’t live there and have to move out

Employers’ liability insurance

In case anyone gets ill or injured while working for your B&B.

What’s typically covered by employers’ liability insurance?

Claims against your business for:

• an injury that happens as a result of working for you (including temps and casual workers)
• an employee, including a contractor or casual labourer, suing you after falling ill because of working for you

**Employers’ liability insurance is required by law if you have people working for you. Without it, you could be fined up to £2,500 a day for each employee.**

For example:

• your employee injures their lower back while moving furniture at your premises and holds you responsible
• an employee cuts their hand on a damaged countertop and sues you for operating an unsafe workspace
• a member of staff trips over while unloading business equipment, injuring their knee

Landlord legal insurance

In case you’re hit with legal expenses as a landlord

What’s typically covered by landlord legal insurance?

Claims against your business for:

• negotiating your legal right to evict squatters
• repossessing your home if tenants are refusing to leave
• damage to your property, caused by tenants or their guests

For example:

• a property you’ve been renovating is ready to be rented out, but you find squatters on the property – you ask them to leave, but they refuse
• your tenants stop paying rent and you need to evict them, in order to have control of the property and get it ready for re-listing
• during a routine inspection you find out that your tenants have damaged some expensive appliances beyond repair, which will need replacing

Read more about landlord legal insurance