Short-term landlord insurance

There is nothing wrong with renting out your whole property out short term. You will need a short-term landlord insurance policy so that you are protected from tenant damages.

Before purchasing any short-term insurance, it's essential to carefully review the terms, conditions, and coverage limits of a temporary rental insurance. Discuss your specific situation with us to ensure you have adequate protection based on your rental activities.

Additionally, make sure to comply with any regulations related to property rentals, even if only a short term requirement, as these may also impact the insurance policy if you do not adhere to regulations.

Auctions can be a great place to find and buy a property. When you have finished bidding, and the hammer confirms the sale, the next step is to insure the property as you are now responsible.

Completion of the sale may still take a couple of weeks, but insuring your property straight away means that with buildings insurance in place, you will be covered for the risks that you have asked to be insured, such as fire, or even malicious damage.

We understand that this will be a difficult time, and so have flexible options for you.

Renting out a property, even on a short-term basis, comes with certain risks, and it's important to have the right insurance coverage to protect your inheritance and new investment. If you are looking to dip your feet in the rental market, then a six-month rental agreement may be a way to see if this is right for you.

We can advise you on a six month policy, or the consequences of cancelling an agreed 12-month policy after six months.

Unfortunately, not all landlord insurance policies will cover asylum seekers, and there may be a short period requirement in your local area. These potential refugees are people seeking asylum but their application has not yet been granted.

There are local requirements for these persons to be housed – on a temporary basis – and you may decided that you will rent a property out on this basis for a short time to cover the local need for housing. A short-term landlords insurance policy can give you the cover you require. Talk to us to confirm your exact requirements.

It's also wise to check if the policy covers any legal expenses that may arise. Make sure to communicate openly with your insurance provider about your specific situation to ensure you have the right coverage for these circumstances.

To help you spread the cost of your premiums of short term rental landlord insurance, we offer a quick and easy direct debit scheme for spreading payment over ten months. Please visit our dedicated Direct Debit page to find out more.

If you would like to know more about our monthly payment option, please visit our dedicated Direct Debit page.