Woman With KeysEntering the property market can be daunting at the best of times, so for those considering becoming a landlord – be prepared. However, whilst it’s strongly advised to be aware of any potential mishaps, joining the buy-to-let game can prove profitable – especially during these tough economic times.

Eddie Hooker from  Total Landlord Insurance offers three simple tips on what to look for when organising coverage for your buy-to-let property:

1: Ensure you expect the unexpected

Have you checked what exactly your policy entails? For instance, does it cover issues such as:

  • Accidental Damage
  • Trace and Acces coverage

Whilst you may undoubtedly incur minor repairs at the end of the tenancy, there may be instances where a dissatisfied tenant may inflict malicious damage to your property – which could result in some serious costs if you aren’t appropriately covered.

Take the unfortunate incident of a Wiltshire couple back in 2012, when they were left with a £20,000 restoration bill after their home was converted into a cannabis factory. Although the home was insured, the couple weren’t entitled to compensation – as their insurance provider  did not include malicious damage protection.

While “Trace and Access” does not generally come as standard, it could make all the difference – something to think about when considering the many facets of buy-to-let coverage.

2: If you are the owner of numerous properties, then think about insuring your portfolio under one policy

Instead of implementing individual policies for each and every property, why not consider one entire policy – making cover easier to manage. By undertaking one block insurance, you only need to worry about one payment as well as one renewal – meaning you have less to worry about.

3: Take into account periods of un-occupancy

Though you may rest easy knowing your tenants are currently residing at your property, what plan do you have in place should it be left unoccupied for an extended period of time? The majority of insurers reduce coverage for durations of un-occupancy, but the length of time in which you receive in-depth coverage can alter – as can the terms and conditions as provided by insurers. For example, situations where the mains gas and water supplies are switched off or how frequently you carry out property inspections can greatly affect your circumstances.

Thanks to Eddie Hooker from Total Landlord Insurance for these useful tips. If you want to speak to a specialist such as Eddie then you can reach him through his social media links in the bio below. Alternatively you can reach a member of his team on 0800 63 43 880.


Peter has received many accreditation's including many from the Times Online. As founder of You Could Save (2005) , What Stationers (2007) and more recently, Peter Millikin (2018). Peter regularly helps consumers and national organisation ‘save money’. He believes that the only successful way to bring people together online is to provide an open marketplace where people can all work together in a friendly, unbiased environment.

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