Indemnity Insurance For Landlords

As a property owner it is essential to protect yourself from the
potential legal claims that could be made by tenants, contractors and
members of the public who are injured whilst living in or visiting
your property.

All landlords are at risk of being sued if found to be negligent or in
breach of their duty of care. For example if a tenant were to trip and
fall on a broken step, they would be able to sue the landlord for
damages and in the age of 'no-win no-fee' legal cases, this type of
action is becoming increasingly popular.

Minimise the risk

The best way to avoid legal action is to try and minimise the risk.
Essentially it is up to the landlord to ensure that the property is as
safe as possible. This includes fixing broken steps, shelves and
cupboards, testing electrics and reducing fire hazards.

However, this does not eliminate risk completely and the last line of
defence should be liability insurance.

Property owners' liability insurance

Liability insurance enables the landlord to meet any costs or damages
awarded to a member of the public if they suffer an injury following
an accident on or from the owner's property.

Getting insured

Often specialist landlord's insurance providers will provide liability
insurance as part of the main package, but it is a good idea to check
your policy to ensure that you are covered.

If you are not covered, you may want to consider taking out liability
cover or changing to a new policy that includes this cover.

Don Suter is Managing Editor of the UK Property Portal (
ukpropertyportal.co.uk ukpropertyportal.co.uk), an online directory
and magazine for UK property sales, rental, surveyors, mortgages,
conveyancing, property insurance, removals, news, investment and
development

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