Our Insurance Comparison Tool allows you to pick the policy that's right for you by comparing every plan offered by Canada's leading providers. Need more info? Our Frequently Asked Questions can break down Tenant Legal Liability in more detail.
Compare Tenant Legal Liability Insurance Policies
Product name | Max Coverage | Min Premium | Exclusions | |
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Multiple Residential Landlord by Aro Underwriting Group Ltd | Max Coverage GBP5M | Min Premium N/A |
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more details |
Residential Let by APC Underwriting | Max Coverage GBP10M | Min Premium N/A |
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more details |
Housing Associations by Markel UK | Max Coverage GBP100K | Min Premium N/A |
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more details |
Let Property by Camberford Law plc | Max Coverage N/A | Min Premium N/A |
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more details |
Property Owners Legal Expenses by Camberford Law plc | Max Coverage GBP50K | Min Premium N/A |
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more details |
Property by Camberford Law plc | Max Coverage GBP2M | Min Premium N/A |
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more details |
Property Owners by Troon Underwriting | Max Coverage GBP10M | Min Premium N/A |
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more details |
Property - Landlord's Buy to Let by Intasure | Max Coverage GBP2M | Min Premium N/A |
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more details |
Real Estate by Ecclesiastical Insurance Group | Max Coverage GBP10M | Min Premium N/A |
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more details |
Magenta: Let by inet3 Ltd | Max Coverage GBP2M | Min Premium N/A |
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more details |
Frequently Asked Questions
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What Is Tenant Legal Liability Insurance?
Unlike Renter’s insurance, Tenant Legal Liability provides policyholders with the option of insuring a building that is not lived in by the owner. However the only type of loss or damaged that can be covered are those caused by the tenant.
What Is Tenant Legal Liability Insurance?
- Landlords
- Property owners
- Property management companies
Those renting out, leasing or managing properties for private use may need financial protection in the case of tenant-caused property damage losses. Some landlords or property owners may add the premium amounts owed to the rent as an additional expense to the property.
Depending on the tenancy agreement, landlords may request payments for costs towards repairs. Tenants may take out their own Tenant Liability insurance policy so that they are covered if they cause any damage to the property or furniture, fittings and fittings. While a deposit may cover any loss or damage caused during a tenant’s stay, the amount may not be enough to cover the costs of any accidental damage caused.
The benefit of a landlord taking out a Tenant Legal Liability insurance policy over a Tenant taking out Renter’s insurance is that the coverage limits are higher with the former.
What Does Tenant Legal Liability Insurance Cover?
- Fire
- Water
- Smoke
- Explosions
- Leaks
What Is Not Included In Tenant Legal Liability Insurance?
- intentional damage
- damage caused whilst the property is unoccupied for more than 30 days
- gradual wear and tear
- existing damage
- damage caused by pets
- damage caused to property not belonging to the landlord
How Much Does Tenant Legal Liability Insurance Cost?
A Tenant Legal Liability insurance policy will be determined based on the following:
- age of the property
- size of the property
- location of the property
- value of covered items (eg furniture, fittings, fixtures)
As well as being a standalone insurance policy, Tenant Legal Liability can also be combined or added onto a Commercial General Liability possible where appropriate. A deductible will normally be required for standalone policies.