Protecting landlords in case of problems with tenants, Landlord Legal and Rent Protection cover is offered alongside or automatically included within a landlord insurance policy through a broker or insurer scheme and can also be provided via specialist letting agencies. Elements of the policy are as follows:

Repossession

  • Pursuit of a claim to gain vacant possession of the insured property from the tenant.

Rent Protection

  • Covers the amount of uncollected rent owed to the policyholder, provided that we have covered a claim for Repossession.
  • Rent is payable for up to 5 or 11 months (depending on whether the tenancy agreement was for 6 or 12 months) until vacant possession is obtained, but not including the first unpaid month’s rent.
  • 50% of the rent is also payable for up to 3 months if the insured property needs to be repaired and cannot be immediately re-let due to damage or neglect caused by the former tenant.
  • Cover is subject to a suitable tenancy agreement being in place and satisfactory credit reference checks having been made on the tenant.

Rent Recovery

  • Pursuit of a claim to recover rent arrears owed to the policyholder by the tenant or former tenant of the insured property.

Alternative Accommodation and Storage Costs

  • Accommodation and/or storage costs arising whilst the policyholder is unable to regain possession of the insured property, which is being repossessed for the policyholder to live in.

Damage to Your Property

  • Pursuit of a claim following damage to the insured property, including dilapidations.

Nuisance and Trespass

  • Actions following nuisance or trespass relating to the insured property.

Defence of Criminal Prosecutions

  • Defending the policyholder’s legal rights in criminal prosecutions arising from their letting of the insured property.

Contract Disputes

  • Disputes arising from the buying or hiring in of goods or services relating to the insured property.

Tax Enquiries

  • Representation in an investigation by HMRC into the policyholder’s personal tax affairs.

Witness Expenses

  • The policyholder’s lost salary or wages whilst attending court as a witness in a claim under the policy.

Personal Legal Advice Helpline

  • Advice over the phone on any personal legal problem under the laws of the UK, Isle of Man or the Channel Islands.

Personal Tax Advice Helpline

  • Advice over the phone on personal tax matters under the laws of the UK, Isle of Man or the Channel Islands.

Contract Disputes

  • Disputes arising from the buying or hiring in of goods or services relating to the insured property.

Counselling Helpline

  • Telephone counselling on matters causing distress and anxiety.

Limit of indemnity

  • The standard limit of indemnity is £50,000 per claim for legal costs and rent protection.
  • Accommodation costs have an inner limit of up to £175 (including VAT) per day for a maximum of 30 days.
  • Storage costs have an inner limit of up to £15 (including VAT) per day for a maximum of 30 days.

Territorial limit

  • The cover applies for tenancies in England, Wales, Scotland and Northern Ireland.

 

 




LEGAL PROTECTION GROUP LIMITED
Head and Registered Office: 8 Pinkers Court, Briarlands Office Park, Gloucester Road, Rudgeway, Bristol, BS35 3QH Registered in England and Wales, Company Number 10096688 | Legal Information
Legal Protection Group Limited (firm reference number 749446) is an appointed representative of Somerset Bridge Insurance Services Limited (firm reference number 477112). Somerset Bridge Insurance Services Limited is authorised and regulated by the Financial Conduct Authority.