Landlord insurance in Fareham
Fareham sits between Portsmouth and Southampton, a commuter and naval town with a rental market spanning smart new-build flats and a good deal of older, mid-century housing. In the older stock, one risk hides behind the walls.
Where the risks come from for Fareham landlords
Ageing electrical installations are a quiet fire risk in lets of a certain age. Overloaded circuits, perished wiring and tired consumer units cause fires that start out of sight, and a landlord's duty to keep the electrics safe is now a legal one as well as a practical concern.
A Fareham example
A 1960s let with original wiring suffers a fault in an overloaded socket circuit, and a fire takes hold in a bedroom wall before the tenant is aware of it. The family get out safely, but the room and the roof space are badly damaged. Buildings cover meets the rebuild, and the alternative-accommodation and loss-of-rent elements cover the months of repair.
What landlord insurance covers
Buildings insurance against fire is the foundation of any landlord policy, but it works alongside the landlord's own obligations, chiefly keeping the electrical installation certified and safe. With property owners' liability and loss of rent, it forms the core cover an older Fareham let needs.
Placing it in Fareham with Apex
We make sure the sum insured reflects a full rebuild and that the cover matches the age and condition of the property rather than a generic profile. Apex arranges it through one named broker and a choice of insurers. Regulated by the FCA, established 2009.
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