Home insurance advice for landlords

A home insurance expert has urged landlords to make sure they have adequate cover to protect themselves against loss of income.

According to moneysupermarket.com, it is possible to get an insurance policy that covers loss of rent from as little as £93 a year while, for £134 a year, policies providing landlords with cover for legal expenses are available.

With the number of landlords now appearing to be on the rise, Julie Owens, head of home insurance at moneysupermarket.com, stressed the importance of such policies.

She said: Whether you're looking at buy-to-let property for investment, extra income, or because you cannot sell your house, it is essential to have sufficient insurance to cover any financial losses connected with letting out a property .

I advise anyone contemplating becoming a landlord to seek advice and get all of the relevant information before taking this venture on.

Of course, anyone renting a property may also want to get some home insurance to cover their possessions.