Landlord insurance in Yate
Yate grew rapidly in the post-war decades into a Bristol commuter town, and among its estates are homes of non-traditional construction, built with concrete, steel frames or system-built methods rather than brick and block. How a house is built shapes whether, and how, it can be insured.
Where the risks come from for Yate landlords
Non-standard construction, certain concrete, steel-framed or prefabricated types, is treated cautiously by insurers and lenders, because it can be harder to repair, more prone to particular defects, and in some cases has a known history of problems. Cover is available, but not from every insurer and not on standard terms.
A Yate example
A landlord buys a let of non-traditional concrete construction in Yate and finds a standard policy will not cover it. Placed instead with an insurer who understands the construction type, the property is covered properly, with a rebuild figure and terms that reflect how it is actually built.
What landlord insurance covers
For a non-standard property, the key is an insurer who will write the specific construction type on proper terms, with a rebuild figure reflecting the real cost of reinstating it. On that basis the standard perils, property owners' liability and loss of rent all respond.
Placing it in Yate with Apex
Non-traditional construction is a specialist placement, and we know which insurers will cover which types on fair terms. Apex arranges Yate lets through one named broker. Authorised by the FCA; established 2009.
Related
Get the right commercial cover, placed by a named broker
Tell us about your business and we’ll place it on the specialist market — or leave your number and a named broker calls you back, usually the same working day.