Insurance - The Small Print

NOTTINGHAM, England, March 14, 2012 /PRNewswire/ --

We're all aware that whenever taking out insurance there are a number of conditions attached and generally we tend to ignore, or at the very best, skim through, the small print. By taking out an insurance policy, you are legally agreeing to a contract, and just like any other contract this is, therefore, something both parties must honour.

Just Landlords, a leading landlord insurance provider, has been discussing the fact that the small print must not be avoided and that it is important for all parties concerned to familiarise themselves with it.

Just Landlords also provides award winning tenants contents insurance, unoccupied property insurance and holiday home insurance amongst many other types of cover and Steve Landsburgh, Claims Manager at Just Landlords, has been explaining: "Be honest and clear and remember to read the conditions of a contract. If there are any changes to your circumstances, don't forget to tell your insurance company."

Since landlord insurance is such a specialist type of cover, there are a number of responsibilities that landlords must take to safeguard their property, the tenants inside and the rental income. Furthermore, Just Landlords have insisted that everyone should check that they are up to date with the current letting legislation and that there is an annual gas safety certificate in place. Just Landlords also recommends that all furniture provided complies with the Furniture and Furnishings Regulations.

Many landlords, in the current economic climate, have seen their default rates soar as tenants are coming under increasing pressure as a result of rising unemployment and growing bills. Many landlords have been taking out rent guarantee insurance in order to safeguard their rental income.

It will be important for landlords to look at the terms carefully before a tenant moves in; should your tenant default, you'll have an easy and cost effective way to protect your income. All insurance companies will provide you with the full policy wording so look out for conditions or clauses as this could likely affect any claims you may make in the future.

If you require any further information, please visit the Just Landlords website or contact Samantha Miles.

Contact:
Samantha Miles
samantha.miles@justlandlords.co.uk
+44(0)115-908-1487