21 January 2021

What is the best landlord insurance?

By Kevin Meek New Business Senior Account Handler
Man on his phone with question mark

It might seem like a simple question, but when you ask what the best landlord insurance is, there’s really a lot more to think about before you can find the answer. Here at Protect My Let, we don’t like to complicate things or make fluffy promises.

Instead, we’ve broken down the main things you need to think about in order to find out how you find the best landlord insurance.

Click on the sections below to learn more.

1. Determine your goal

2. Next steps to finding the best landlord insurance

In order to get the best landlord insurance, you first need to answer the question: What is your goal?

We all love a deal and in an ideal world you’d get the most comprehensive policy for the same cost as a basic one – or being honest, you’d probably like to not have to pay for landlord insurance! Unfortunately, the reality is that neither is an option, so in order to find the best landlord insurance for you, you need to ask yourself what is your realistic landlord insurance goal? What is the most important thing to you?

How much support do you want or expect?

We appreciate that some landlords want more service than others so you need to ask yourself – do you want a good service and someone you can rely on? Or are you happy with a comparison site and sorting it out yourself? This is the most important question to start with because it will determine which route is best for you to take.

Do you have a bad claims history?

If you have a bad claims history on your landlord insurance, then you may find your goal is to get some decent cover in place which doesn’t penalise you too harshly for your claims. Or perhaps your property will always be considered high-risk and you find it hard to find an insurer who will offer the cover you’re after. If this is the case then we’d suggest that for you, working with an experienced broker would provide you with the best landlord insurance for your circumstances. As a broker, we have experience in placing difficult risks, and we also have access to a panel of insurers, which means we will have more options for you than a one-stop-shop on a comparison website.

What type of cover do you need?

Main Cover

There are three main types of cover that your landlord insurance will provide: Buildings, Contents or a combination of both. You’ll be able to get any of these easily and all will be available on a basic or more comprehensive policy.


This will cover the main structure of the building (including outbuildings if any) plus any fixtures and fittings inside the property i.e. kitchens and bathrooms, including integrated appliances and permanently fitted flooring.


This is designed to cover any furniture owned by you and any other loose items, including carpets, however, fixtures and fittings cover can also be included if the property is a leasehold e.g. a flat.

If you own the freehold of a property, it is most likely that you would need Buildings or a Buildings and Contents combination.

Legal Expenses cover

Another type of cover that landlord insurance can provide is Legal Expenses. This protects you against a variety of situations that can happen as a landlord that would normally leave you having to foot the bill for legal fees, including having to serve evictions or pursuing rent arrears.

Liability cover

As a landlord, you are also responsible for looking after your tenants in certain situations. For example, if your property becomes uninhabitable, it’s up to you to temporarily rehome them. This cover is provided in the form of Loss of Rent/Alternative Accommodation cover.

There are other things to consider too such as who is responsible if a tenant or their family is injured in the property as a result of your fixtures and fittings, or what happens if their property is damaged. This is where Property Owners Liability comes in.

What tenants are you letting to?

Each type of tenant comes with their own risks, but some can be harder to get insurance for, meaning if cost is your main driver and you have a high-risk tenant, you might not be able to achieve a really low-cost policy. Equally, some insurers do not offer cover for certain tenant types so you might find it hard to find insurance full stop. Depending on your tenants, you will have a different goal in respect of finding the best landlord insurance for you, so it’s important to bear this in mind when looking for your new policy.

Do you need single property or multiple property insurance?

If you have more than one property, it’s usually most cost-effective to insure them together on the one policy. As well as saving money, this also saves you time as you will only have deal with one renewal per year instead of multiple ones.

If the thought of organising all your separate properties to renew on one date gives you a headache, then you may be pleased to know it’s not as difficult as it sounds. You can move your properties from their single policies to one larger policy as and when they come up for renewal, just paying a pro-rata additional premium each time.

I know my goal; what are the next steps to finding the best landlord insurance for me?


1. Get in touch with a broker

If you’re reading this, why not contact us since you’re already on our website? By working with a broker, you’re more likely to reach your goal and you get the added bonus of not having to do it all yourself!

2. Be clear about your goals

Being open about your goals and providing all the required information from the start is going to make the process a lot faster. It will also mean we have a higher chance of achieving your goal

3. Be realistic about your goals

If you have a high-risk property or a bad claims history, it’s unlikely that you’ll ever be able to achieve the very cheap prices you may have seen advertised online. If you’ve been clear from the start, I promise that as your broker we’ll always be realistic in what is achievable from our markets and experience.

4. Review your insurance options and place cover smoothly

We’ll provide you with options that suit your needs, and often we’ll also give some other options which might provide cover for things that you hadn’t thought of. Once we’ve discussed your options, we’ll place the one you choose. Your property will be covered and you’ll be safe in the knowledge that it’s the right cover and that together, we hit your goals.

Contact Details

You can get in touch with me directly on the details below or contact us by clicking here. As always, we’re happy to help with any enquiries around your landlord insurance.

T: 01206 913394

E: kevin.meek@protectmylet.com

House with cloud

Want to find out more about our landlord insurance cover?

You can find further useful information and get in touch with a member of our team or submit an enquiry on the landlord insurance page.