What is landlord legal cover?
Landlord Legal Cover is optional cover you can add to your landlord buildings and contents policy. This cover will provide you with legal protection of up to £50,000 for the following events:
- Property damage, nuisance and trespass
- Recovery of rent arrears
- Prosecution defence
- Accommodation costs
Landlord legal cover can aid in the recovery of rent arrears and provide legal support to defend a prosecution against you that arises from you letting your property. We can even provide cover towards any accommodation costs whilst you are unable to get possession of your property and you wish to live there.
There must be greater than a 50% chance of successfully pursuing your claim against another person, and any claim must be reported to us during the period of insurance and within 60 days of you becoming aware of the insured event. We will not cover the other party’s costs in criminal cases, fines, penalties or compensation awarded against you.
We cannot cover any legal costs and expenses incurred before we agree to cover your claim. Your property must be let for residential purposes only and with an annual rent not exceeding £100,000.