Important insurance for your investors
What you should know about landlord insurance.
It's important to understand the difference between Landlord insurance and regular building insurance so you can educate your investors on the different options available for landlord specific events.
One of the most important components of Landlord Insurance is legal liability cover. If a tenant injures themselves on the property and deems the property owners and/or managers negligent, they can sue. This is a scary reality that landlords and property management businesses are faced with.
Loan Market Landlord Insurance can help.
We have legal liability cover included for up to $20 million. If you investors have some form of landlord insurance with legal liability included, this minimizes the risk of severe financial implications.
While many major Landlord Insurance providers removed their product from the market at the end of March due to the changing COVID environment, Legal liability cover is included on both Loan Market 'Landlords Buildings' or 'Landlords Contents' insurance policy and this can be arranged by our Loan Market Insurance Account Managers.
Loan Market Landlord Insurance is one of the few providers being able to offer this specific cover to your investors. If you would like more information about our Landlords Insurance cover or how to refer your investors, please email or call Concierge on firstname.lastname@example.org or 1800 14 20 20.