Commercial Express

The Value Added MGA

Residential Property Owners


Offering competitive rates for students, DSS referrals and asylum seekers, take advantage of our Residential Property Owners policy.

Schemes: Let Assured


  • Landlords Contents up to £5,000 can be provided free of charge. This applies to all tenant types, except Unoccupied

  • Accidental Damage under buildings and contents can be included free of charge, if the property is occupied by the following tenant types: 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 £10,000 in any one period of insurance
  • Accidental Damage to cables & underground services
  • Loss of Metered Water £2,500 any one claim, maximum £5,000 any one period of insurance
  • The buildings sum insured will benefit from index linking, in line with the House Rebuilding Cost Index, issued by the Royal Institution of Chartered Surveyors
  • 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 caused by emergency services £10,000
  • Removal of wasp and bee nests - £1,000 in any one 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 any one period of insurance (not available if the building is unoccupied)
  • Replacement locks cover £2,500 in any one period of insurance 

Properties that are unoccupied now benefit from the following recent changes

  • Pro-Rata Cancellation if policies are cancelled when unoccupied
  • Gold cover no longer has an inner limit for Theft or Attempted theft on Buildings cover
  • Property deemed as unoccupied after 60 days
  • If the property becomes unattended for more than 30 days between 1st December and 28th February – the oil supply must be turned off at the tank and the water supply must be turned off at the mains and the system must be drained, unless connected to a frost-stat and maintained continuously at a temperature of no less than 4 degrees Celsius.

Optional Extensions

  • 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 £500
  • Terrorism cover available