Landlords Legal Expenses Insurance

What is Landlords Legal Expenses Insurance?

Landlord legal expenses insurance provides legal protection for landlords when a tenant stops paying rent and/or refuses to leave a rental property at the end of the tenancy. The policy pays the legal costs for a solicitor to recover any rent arrears and gain possession of the property.

What do we cover?

The insurance cover provides protection for Rent recovery, Tenant eviction, Tenant property damage, Legal defence, Squatter protection and Property protection.

Points to consider

The landlord will be provided with an experienced solicitor who will take care of the legal process and ensure the property is returned and ready to re-let quickly.

Landlords often rely on rental income as part of a pension or investment portfolio or simply to pay the property mortgage. When the tenant stops paying the rent, this has an immediate financial impact on the landlord. The landlord can then face a drawn-out legal process to get possession of the property which is a drain on finances.

Landlord legal expenses insurance and rent guarantee insurance are sold separately as optional extra covers. Given the benefits of both policies, you should consider advising landlords to take out the cover to ensure they are fully protected in relation to their rental properties

Why choose Financial & Legal?

Financial & Legal Insurance is able to offer a wide range of policy options, with different limits of indemnity and excess to meet individual customers’ needs. Our specialist solicitors ensure possession is quickly obtained and rent arrears are recovered quickly.

“The service we receive is exceptional. Financial & Legal are always 100% committed to their clients, providing invaluable swift and professional service, going above and beyond to help. The way the team liaise with our clients is exceptional from start to finish; they deal with matters sensitively and diplomatically, which is vital at a time when clients are understandably vulnerable and have an ongoing legal case.”

Charlotte Roberts, Owner of Anglesey Insurance Services LTD

“We were looking for more than just an insurer. We wanted to work with professionals who understood our business and risks and who could see the bigger picture. With Financial and Legal we have a dedicated team, who listen to us and develop the products we need.”

True Solicitors

“Having been with a larger insurer we seemed to have become stagnant in waiting for decisions and also experienced a lack of innovation. The Financial and Legal team and their personal approach means we can now sell products with the confidence that we are providing our clients with maximum security and protection.”