Commercial Express

The Value Added MGA

01384 473021

Residential Property Owners


Offering affordable cover for Residential Landlords of single or multiple properties with our Residential Property Owners policy.

Schemes: Let Protect & Let Shield

Features & Benefits common to both schemes

  • Free £5,000 Landlords Contents when tenanted by professionals, students or DSS (Non-Referral). All white and brown goods included if supplied by the landlord
  • Accidental Damage to buildings is automatically included for professionals, students and DSS (Non-referrals)
  • Property Owner’s Liability £2,000,000 LOI
  • Loss of Rent 20% building sum insured, or up to £150,000 alternative accommodation except for unoccupied properties
  • Trace and Access up to £5,000
  • Accidental Damage to cables & underground services
  • Loss of Metered Water £2,500 any one claim, maximum £5,000 anyone period of insurance
  • Index linking in the event of a claim
  • Unauthorised use of utilities cover up to £5,000

  • Capital Additions - 10% of the building sum insured or £250,000 whichever is less
  • Landscaped gardens - following damage by emergency services £5,000 in anyone period of insurance
  • Removal of wasp and bee nests - £1,000 in anyone period of insurance (£50 excess applies)
  • Illegal cultivation of drugs - clean-up costs and remedial work in reinstating your building back to its original condition if the tenant alters the building without your knowledge - £5,000 in anyone period of insurance (not available if the building is unoccupied)
  • Damage caused by malicious persons authorised to be in any part of the building is up to BSI subject to a satisfactory tenant's reference, otherwise cover is limited to £5,000, excluding buildings occupied by Asylum Seekers

Properties that are unoccupied now benefit from the following recent changes

  • Pro Rata subject to a min £25 + IPT TOR
  • Gold cover no longer has an inner limit for Theft or Attempted theft on Buildings cover
  • Property deemed as unoccupied after 60 days
  • If property becomes unattended for more than 30 days between 1st December and 28th February – water and oil supply need to be turned off at mains to be drained from tanks unless linked to a frost stat of 4 degrees 24 hours a day

Optional Extras

  • Option to extend Property Owner's Liability to £5,000,000 LOI
  • Differing degrees of cover available when unoccupied (See document below for further details)
  • Legal Expenses up to £25,000
  • Rent Guarantee cover up to £30,000
  • Emergency Assistance up to £50