Landlord insurance in Paignton

Paignton sits on the English Riviera, a Torbay resort of Victorian terraces and holiday flats, some on the slopes above the sea. That coastal setting brings a slow structural risk that inland property never faces: the ground itself moving toward the water.

Where the risks come from for Paignton landlords

Coastal slopes and cliffs are subject to landslip, particularly after heavy rain saturates the ground, and a property built on or near one can suffer serious movement as the land shifts. It is gradual and dramatic by turns, and always expensive to stabilise.

A Paignton example

After a wet winter, the sloping ground beneath a hillside Paignton let begins to move, cracking walls and destabilising a boundary and part of the structure. Landslip cover, part of a full buildings policy alongside subsidence and heave, meets the investigation and the stabilisation work, which many budget policies would exclude.

What landlord insurance covers

Buildings cover on coastal or sloping ground should include landslip, subsidence and heave as standard, with a stated excess, alongside the everyday perils. Property owners' liability and loss of rent round out the cover a Paignton let needs.

Placing it in Paignton with Apex

Ground movement on the coast is a specialist risk, and it pays to place it with an insurer who will price it fairly rather than exclude it. Apex arranges Paignton and coastal lets through one named contact. Authorised by the FCA; established 2009.

Related

• Commercial property insurance Paignton
• Business insurance Paignton
• Public liability insurance Paignton