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Contents Insurance

Last post Sat, Apr 04 2009, 3:53 AM by dacouch. 2 replies.
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  •  Sat, Apr 04 2009, 3:53 AM

    Re: Contents Insurance

    Its not the law but it is adviseable for a landlord to get a tenant to take it out as it covers damage to the Landlords Fixtures and Fittings upto a certain amount (Often between £5000 and £10000).

    You have to remember that it will only pay out for items they are "Legally responsible for as a tenant" so it depends on the wording of the tenancy agreement and what actually happened as the tenant is not liable for everything that happens to your fixtures and fittings

    • Post Points: 5
  •  Fri, Mar 27 2009, 9:20 AM

    Re: Contents Insurance

    I don't think it's a law, but it forms part of many letting agreements. This means that the landlord would not have to claim under his own buildings insurance if the tenant damages the fixtures and fittings. Contents policies generally have a specific section for this scenario.

    If the tenant does not get insurance cover, then they may find themselves liable for costs anyway - and of course, it is always a good idea to protect your own contents anyway.

    • Post Points: 5
  •  Thu, Mar 26 2009, 12:52 PM

    Contents Insurance

    The Managing Agent for the rental property is saying that the Tenant should have content insurance to cover the fixtures and fitting of the property, and she says it is a Law. Can you confirm.

    Thanks

    MJ

    • Post Points: 35