Renting out property can be stressful
But protecting it doesn’t have to be
With AXA Landlord Insurance, we make protecting property simple. In a matter of minutes, you can get up to £10m property owners’ liability cover and protection for up to 10 properties. Now that’s landlord insurance you can count on.
Protect your property – and investment – with AXA
As standard, you’ll get trusted protection for your residential property investment. And to make sure you get the right landlord insurance, you can tailor your policy to meet your needs by choosing a range of optional extras.
Residential landlord insurance FAQs
What is landlord insurance?
Landlord insurance is a combination of different covers designed to protect a landlord. It is sometimes also known as buy-to-let insurance. Landlord insurance is important for anyone renting out their property. Even with the best tenants, things can still go wrong and landlord insurance is there to protect you from accidental damage to loss of rental income.
What does landlord insurance cover?
Landlord insurance should always include buildings insurance, which covers damage to the structure and the cost of any repairs that may come about. Contents cover is another important part of any policy. This protects against the cost of replacing any fixtures or fittings that may be damaged during the tenancy. Other things potentially covered by landlord insurance could be liability protection in the event that a visitor to the property is injured.
Do you need landlord insurance?
If you let your property to tenants (whether you’re a buy-to-let landlord or an accidental landlord renting out a house you can’t afford to sell) you’ll need more than just home insurance.
While you’re not legally required to have landlord insurance, there are risks associated with a rented property that won’t be covered under a home insurance policy. And without the right cover, unexpected events could leave you seriously out of pocket.
So whether you let a small flat or a large house, we’ve got you covered. It’s the protection you’d expect from AXA – for less.
How much does landlord insurance cost?
Generally, the cost of a policy depends on whether you are insuring a house or a flat and whether it is furnished. If you rent your property to students you may have higher charges, or not receive cover by certain landlord policies at all, than if you rent to a professional couple or a family. Choose a policy which you can tailor to your needs with a range of optional extras and you can save money in the long term.
What's included with AXA Landlord Insurance?
Everything you need to know is right here
With AXA Landlord Insurance, you get the core protection you need (including buildings insurance and property owners’ liability) as standard. And to make sure you get landlord insurance that suits your requirements, you can tailor your cover with a range of optional extras.
Policy benefits
As standard, you'll get:
Property owners’ liability cover (up to £10 million) – protects you against third-party claims – for example, if someone injures themselves on your property
Buildings insurance – covers the cost of repairing or rebuilding your property if it’s accidentally damaged or destroyed
Cover for up to 10 properties in one policy – add up to 10 properties when you get a quote online
Cover to re-house your tenants in alternative accommodation – if your property can’t be accessed or lived in due to damage, and your tenants don’t already have this cover under their own insurance, we’ll look to re-house them in the event of a valid claim
Cables and underground pipes cover – we’ll pay you for the costs incurred following damage to pipes or cables, including essential utilities such as electricity, gas and water
Subsidence, ground heave and landslip cover – land shifts under your property can cause considerable structural damage, but with this cover (which is a requirement of some mortgages), we’ve got you covered
Optional extras
Add any of the following cover options when you get a quote:
Accidental damage cover – protects your property's structure, floors and fittings, so it’ll not only protect you if your tenant accidentally spills wine on your carpet, but also against things like water entering into your property if your roof leaks unexpectedly
Loss of rental income – many landlords rely on their rental income to make mortgage payments and cover costs, so if your property can't be lived in as a result of fire, flooding or major damage, you'll be able to claim back loss of rent
Contents cover – get up to £75,000 contents cover to protect any furnishings and appliances that belong to you – like, beds, televisions and white goods
Employers' liability insurance – if you employ someone to work on your property (like a gardener or a handyman) you’re required by law to have employers' liability cover, which protects you against compensation claims for injury, illness or disease
Is AXA Landlord Insurance right for you?
Not everything can always be done online
Most landlords can get a quote quickly and easily online. And in a matter of minutes, you can get up to £10m property owners’ liability cover and protection for up to 10 properties.
But for some landlords with more complex needs, for example with a mixed portfolio of commercial and residential properties, we may need to speak to you to make sure you’re properly protected.
We won’t be able to cover you online if you want to insure:
- More than 10 properties
- A block of flats
- A mixed portfolio of commercial and residential properties
- A property outside Great Britain (England, Scotland or Wales)
If you do, we’ll need to get some more details from you to make sure we can give you a quote that meets your needs. You can call us now on 0330 159 1522*
Looking for insurance for your commercial property instead? Visit our commercial landlord insurance page.