Methodology - Landlord Insurance Product Feature
What is this document?
This is a breakdown of how we answered the question set and arrived at the product we chose to showcase on the Landlord Insurance landing page.
The methodology
Question | Answer |
How would you describe the tenants you usually let this property to? | Residential |
Is your property a Holiday Let? | No |
How many buy-to-let properties do you have at the moment? | 1 |
What is the postcode of the property you want to insure? | |
How long have you owned this property? | 2-3 years |
The entire property will be occupied when the policy starts. | Yes |
What type of tenants will live in this property? | Emploted / Self-employed |
Checks are carried out on prospective tenants before any tenancy agreement is signed. | I agree |
Select which checks are carried out: | Background and identity checks Independent references obtained Credit checks on prospective tenants or their guarantor |
What's your residential property type? | Individual flar - surpose built block or building |
How many bedrooms does your property have? | 2 |
How many bedrooms does your property have? | 1 |
When was the property built? | After 2000 |
The property is not listed. | I agree |
The building is of standard construction. This means it has brick, stone or concrete walls, timber or concrete floors, a slate, tile or concrete roof | I agree |
Landlords' fixtures & fittings or Buildings | Include landlords fixtures & fittings cover |
Landlords' fixtures and fittings sum insured | £10,001 - £15,000 |
Landlords' contents | Don't include this cover |
Accidental damage (for Fixtures & fittings) | Don't include this cover |
Legal expenses | Don't include this cover |
Excess protection (£5.29 per month) | Don't include this cover |
Property owners' liability | £2,000,000 |
Landlord home emergency cover | Landlord home emergency cover |
How do you usually pay for your insurance? | One annual payment |
One annual payment | I agree |
There is no building work in progress | I agree |
Security at the All main exit doors have at least one of these locks: | I agree |
Doesn't have a history - or show signs of - subsidence, landslip, or ground heave | I agree |
All accessible windows are fitted with locks that have a removable key, or are permanently screwed shut. | I agree |
The property is only used for residential purposes. | I agree |
The entire property will never be left unoccupied for more than 45 consecutive days, once tenants have moved in. | I agree |
I will have a single tenancy agreement in place. | I agree |
Do you rent your property to 3 or more adults who are not related? | No |
The property will be let under one of the following agreements: | I agree |
At least one of the property owners is a UK resident or a UK-registered company | I agree |
I've never had any request for insurance refused, or had any insurance cover restricted or cancelled by an insurer. | I agree |
I, and anyone else with a financial interest in the property (excluding tenants), have never been: declared bankrupt or the director of a company that has entered or completed liquidation | I agree |
I, and anyone else with a financial interest in the property (excluding tenants) have never been the subject of a county court judgment | I agree |
Neither I, nor anyone with a financial interest in the property (excluding tenants) has been convicted of any criminal offence (excluding minor motoring offences). | I agree |
No one has requested compensation from me because they've been injured or their property has been damaged. | I agree |
I'm not aware of anything that could cause a future claim or compensation request. | I agree |
In the time that I've owned the property, there haven't been any claims at the property. There also haven't been any events at the property that I could have claimed for, but either chose not to, or didn't have insurance in place at the time. | I agree |
