Q:Hi all
A friend of mine is next weekend is moving into rented acommodation. On the tenancy agreement it stipulates that she must have contents insurance – is this normal, can landlords do this? Is my friend legally bound to comply?
Business Agreement FormsA:I pay half that by finding my own insurance. It is best to shop around for the
contents insurance rather than use one offered by an agent. The agent is just selling insurance to get commission and their deal is normally expensive.
I did find my own. And the agent – who, judging by the posts about other agents here is "one in a million" – made no attempt to offer any insurance of any kind. Didn't even surreptitiously "slip a leaflet" into any of the paperwork
Clearly …. I didn't do enough research But I'm not unhappy about what I've got. Or should I post about "rip-off Britain" on the Vent Board …..
A Prenuptial AgreementA:Where's the best place for this type of insurance ?
cheers
simhar
The New Agreements in HealthcareA:It'll be too cover themselves more than likely
If you damage the flat through contents related issues its your own fault for ignoring the contract and they would fall back on that in court
Prenuptial Agreement FormA:That's a good point, we are Landlords at moment and since our property is fully furnished we have full cover for building and contents but never thought about tenants personal things i am not sure if ours covers them i will have to enquire but i would think tennants would have to have their own cover for their personal things such jewellery laptop etc. When we were tenants ourselfs we were told to get our own cover thought the property was furnished.
Residential & Commercial Landlord Lease Agreement Forms & NoticesA:Who with? Or with whom?
Currently with Zurich (normal household contents insurance that works for tenants and covers the landlords contents also IIRC plus personal possessions outside the home and removals handy as tenants move a lot also covered in that price) but I used a broker to find the deal. I should think going to a broker is the best idea.
Residential, Commercial Lease Agreement and Landlord NoticesA:I pay half that by finding my own insurance. It is best to shop around for the
contents insurance rather than use one offered by an agent. The agent is just selling insurance to get commission and their deal is normally expensive.
Who with? Or with whom?
The Truth About Pet Insurance – 45-Page eBook Plus 3 Free BonusesA:I pay ￡14 pm for tenant's insurance – hardly expensive.
I pay half that by finding my own insurance. It is best to shop around for the contents insurance rather than use one offered by an agent. The agent is just selling insurance to get commission and their deal is normally expensive.
How to Build Your Own Online Insurance AgencyA:
Contents insurance would be advisable – apart from insuring one's own possessions, the right policy would also insure the landlords possessions, including fixtures & fittings, in the case that they are damaged by the tenant.
e.g. tenant's washing machine fails, leaks & ruins the floor covering ……. tenant's insurance would pay to replace the LL's floorcovering.
Mr Shed is right – the tenant could choose not to insure and simply pay any damages. But I can understand the LL wanting piece of mind, otherwise how does he know that the tenant has the means to pay? And what if the cost of rectifying the damage is thousands?
I pay ￡14 pm for tenant's insurance – hardly expensive.
Insurance Leads Generation.A:I have LLs insurance which includes a small amount of contents for my property. I make it clear to my tenant that my insurance is for me and does not cover damage caused by their neglect, mis-use or that of their guests, pets and children.
Once bitten twice shy.
GG
Fighting Your Insurance Adjuster to get what you are owedA:You cannot force a tenant to take out
contents insurance. It is obviously advisable for them to do so. However, the reason landlords attempt to do this is to ensure that certain damages can be reclaimed in this fashion. However, it is of no relevance to the landlord how damages are paid for, as long as they are paid.
A:My new lettings agents tried to sell me their
contents insurance and when i said i didn't want it I had to sign a slip stating that I would make my own arrangements.
A:I was looking at renting through an agency – in small print at the bottom of the t's&c's was that I was supposed to have
contents insurance
A:The flat is unfurnished, therefore the contents are the responsibility of the tenant. If the tenant wishes to take out insurance that is up to them surely.Why the landlord stipulates this in the
tenancy agreement I can't fathom.
A:Is the flat furnished, or does it contain some things that would be covered by contents rather than buildings insurance?
Our LA required us to sign to say that we were aware that contents insurance was our responsibility and that we had responsibility for some items in the house, such as the fridge and washing machine. I wouldn't like to be without insurance anyway, there are all sorts of reasons why it might be needed. You say you don't have much: but what if you had to replace all of it at once?
A:Your landlord as a min should have buildings insurance, well they have to legally if the property is mortgaged. Personally, with our rental properties I we have
contents insurance as well.
However if you are broken in to etc and yoour belongings are stolen such as TV's, computers, clothes etc then it is the tenants responsibility so I would advise your friend to take out contents insurance.
A:No idea sorry … but i rent and have never had
contents insurance can't see the need don't have any electircal stuff of any value ( only a TVthat was ￡80 6 years ago) I am assuming Sky box etc would be replaced by SKy.
The only stuff of value is the furniture and clothes and that could be replaced over time
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