Everyone who owns or rents their own home is familiar with property insurance, such as home contents cover or buildings insurance. However, for commercial customers, the normal levels of cover often have gaps in them that mean they’re not sufficient for their needs. Nor do ordinary property insurance policies take into account the specific requirements of landlords, property developers, landowners, or those who own more than one property.
At Park Insurance, we fill those gaps by providing our clients with bespoke insurance cover for property portfolios, developments and specialist landlord insurance.
What is Land Insurance?
For developers, protecting themselves against injury or damage compensation claims is important. Land insurance provides developers and landowners with financial protection if a person is injured whilst on their property. So for example if you’re a building developer and a sub-contractor is hurt whilst on your land, you are financially protected in the event of a claim.
Land insurance is effectively an extension of your public liability insurance, and at Park Insurance our specialist advisors can include this in a bespoke package for developers and landowners to maximise protection and minimise risk.
Land insurance doesn’t just cover development sites, though, and if you own woodland, vacant plots, brownfield development sites and pasture, then this type of cover could be beneficial to you.
Protecting your student lets
Landlords who let out accommodation to students also need a specific type of cover, which is rarely included in standard home insurance policies. Student let insurance is specifically designed for owners who let out one or more properties to multiple occupants. There may be times when you are not at 100% capacity, particularly during the summer holidays. So Landlord insurance for student lets can provide cover for periods when the property is vacant, ensuring that you don’t lose out financially.
Park Insurance’s Landlord insurance policies also protect you against malicious or accidental damage, and non-payment of rent, so you have total peace of mind.
More than one property?
If you have more than one property then taking out individual insurance cover for each one can be very expensive. Cut your costs and make your life easier by taking out a single multiple property insurance policy, that provides cover for all your properties in one simple deal.
Thanks to our position as preferred brokers for the UK’s top insurance providers, and our substantial purchasing power, we can source tailor-made policies that are suitable for your exact specifications – and at a price that’s affordable too.
Find out more about our Property insurance policies by following the individual links, or contact us direct to discuss your needs.