Landlord insurance in Coventry

Coventry is a two-university city with one of the larger student rental markets in the Midlands, and much of that demand is met by older townhouses converted into shared student lets. Those conversions concentrate a particular kind of risk.

Where the risks come from for Coventry landlords

Fit five or six tenants and as many bathrooms into a converted townhouse and water becomes the recurring problem. A single failed connection on an upper floor can run down through the whole house, damaging several rooms and the ceilings below before a student tenant thinks to report it.

A Coventry example

In a converted six-bed student house near the ring road, a push-fit joint under a second-floor basin works loose over a weekend. Water runs through two floors, bringing down a kitchen ceiling and soaking three rooms. Escape-of-water cover meets the repair, and the accompanying loss of rent covers the weeks the affected rooms cannot be let.

What landlord insurance covers

Escape of water is one of the most frequent and expensive claims on any let, and on a multi-occupancy house the sums add up fast. Cover should span buildings and any landlord's contents, with liability for the tenants and visitors moving through a shared house, and the HMO use stated plainly on the policy.

Placing it in Coventry with Apex

Student HMOs need an insurer who prices the occupancy honestly, not one who finds out at claim stage. Apex sets these up correctly first time and keeps one broker on the account year to year as the tenants roll over. Regulated by the FCA, arranging cover since 2009.

Related

• Commercial property insurance Coventry
• Business insurance Coventry
• Public liability insurance Coventry