Landlord insurance in Wells
Wells is England's smallest city, a cathedral town on the edge of the Mendips with a rental market of period stone homes and flats. Its exposed, higher setting brings a risk that is dramatic, sudden and easily forgotten: lightning.
Where the risks come from for Wells landlords
A lightning strike on or near a property can start a fire, blow out the electrics and surge through wiring to destroy appliances and systems in an instant. Exposed and higher-standing buildings are more likely to be hit, and the damage runs from the spectacular to the merely expensive.
A Wells example
Lightning strikes near a Wells let during a summer storm, and the surge travels through the wiring, frying the consumer unit, the boiler controls and the landlord's supplied appliances, with a small fire at the point of entry. Buildings cover meets the fire and electrical damage, and landlord's contents replaces the ruined appliances.
What landlord insurance covers
Lightning and its consequences, fire and electrical damage, are standard perils in landlord buildings cover, with landlord's contents covering supplied appliances and systems. Property owners' liability and loss of rent complete the cover a Wells let needs.
Placing it in Wells with Apex
We make sure the everyday and the dramatic are both covered, lightning and surge among them, on property that sits high and exposed. Apex arranges Wells and Mendip lets through one named broker. FCA authorised; established 2009.
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