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Save money on landlord’s insurance

7th January 2011 Print

In a bid to beat the January blues, MORE TH>N BUSINESS is kick-starting the new year by asking landlords to challenge them to beat the renewal price of their insurance.

The offer runs from the 3rd January until 31st May 2011. There are around 1 million landlords in the UK and it is important that they have the correct insurance cover in place. MORE TH>N BUSINESS residential Landlord's insurance provides cover for tenant damage to property, as well as liability cover, should anyone become injured in the property and the landlord be held liable for costs.

Head of MORE TH>N BUSINESS Mike Bowman said: " January is a good time to take stock of your finances for the year going forward, checking you have the right insurance in place and at the right price. Many landlords don't realise that ordinary home insurance isn't suitable for their needs and might not be valid should the worse happen and they have to make a claim.

"A good landlord's insurance policy will cover situations that home insurance won't, for instance, vandalism and illegal activities by tenants. MORE TH>N's Landlord's insurance protects the building but also provides peace of mind and security for the other aspects of being a landlord."