We all have insurance for various things – landlord, life and professional indemnity are some such examples. All are paid for on the proviso that if something was to happen then these policies would make us whole again (with the exception of Life Insurance for obvious reasons).
But, when it comes time to making a claim against your landlord insurance, do you know what you need to do? Do you know what is covered? Do you know if you even should make a claim?
How to make a claim and what you need to do
Prima Insurance are different to most other brokers, you have your own account manager advisor who will know your policy inside out and what it is that you need. We also have our own claims handling team which means you just need to speak to your personal advisor when you need to make a claim. Your advisor will ask you a few questions around the claim and take it from there. It really is as simple as that.
What is covered in my landlord insurance policy?
This question is totally dependant on the policy you have purchased. Most typical landlord insurance policies le you claim for the following –
- Damage to the property
- Lost, damaged or stolen contents
- Property owners liability
- Loss of rent and rent guarantee
- Home emergency and boiler breakdown
But again this is totally dependant on the policy you have taken out as some will cover all of these and some will only cover a few.
Making sure you are properly covered is the job of our advisors and they will ensure that you are able to claim when it is required.
When you should and shouldn’t make a claim
All insurance policies will contain an excess if the damage does not exceed this excess then there is no need to claim. Secondary to this is that if you claim it is likely your premiums will increase the following year, so make sure that it is worthwhile making the claim as down the line you may be hit with an increased premium.