Property Insurance 101 – Part 4
Its serious, when it goes legal!
If a writ arrives on your doorstep, you can’t just bury your head in the sand.
When you own property, the major concerns are dealt with by the cover for physical damage, loss of rental income and liability for injury or damage. We’ve ticked those boxes, so what next?
There are of course other events which can cause concern as a landlord. They can result in substantial cost, because taking legal action or defending it, is never cheap. It could run into tens of thousands of pounds.
These also need consideration and insurance cover.
A landlords legal expenses policy can cover the cost associated with most of them, whilst also removing the anxiety about unknown events, #becaueaccidentshappen to nice people all the time.
Here are a few of them:
- Breach of tenancy agreements
- Pursuit of rent arrears
- Eviction of tenants
- Legal defences
- Rent guarantees
- Boundary issues
- Legal advice
You can call the helpline 24 hours a day and discuss any matter that might be affecting you or your tenants. You will have peace of mind that a specialist team of lawyers will deal with these matters Immediately on your behalf.
You are never on your own.
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