Landlords Home Emergency Cover: Everything You Need To Know In 2023

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Introduction

As a landlord, it's essential to ensure that your property is protected against any unforeseeable emergencies that may arise. This is where home emergency cover comes in handy. In this article, we will explore everything you need to know about landlords' home emergency cover in 2023.

What is Home Emergency Cover?

Home emergency cover is an insurance policy that provides assistance in the event of an unexpected emergency that could cause damage to your property. It typically includes services such as plumbing and drainage, electrical, gas, and heating. Some policies may also cover pest control, locks, and glazing.

Why Do Landlords Need Home Emergency Cover?

As a landlord, you are responsible for ensuring that your property is habitable and safe for your tenants. In the event of an emergency, you need to act quickly to resolve the issue and prevent further damage to the property. Home emergency cover provides peace of mind that you have access to the necessary assistance to handle any emergency that may arise.

What Does Home Emergency Cover Typically Cover?

Home emergency cover typically covers the cost of call-outs and repairs for emergencies such as burst pipes, blocked drains, electrical failures, and boiler breakdowns. Some policies may also cover pest control, broken locks, and smashed windows.

What Are the Benefits of Home Emergency Cover?

Home emergency cover provides a range of benefits for landlords, including access to emergency repairs and 24/7 support. It also helps to protect your property against the cost of unexpected repairs and can save you money in the long run.

How Much Does Home Emergency Cover Cost?

The cost of home emergency cover varies depending on several factors, such as the level of cover required, the size of the property, and the location. On average, you can expect to pay between £50 and £200 per year for cover.

What Should You Look for in a Home Emergency Cover Policy?

When choosing a home emergency cover policy, it's essential to consider the level of cover required, the cost, and the reputation of the provider. Look for a policy that covers the most common emergencies and provides 24/7 support.

What Are the Alternatives to Home Emergency Cover?

If you choose not to take out home emergency cover, you can still protect your property by having a reliable tradesperson on speed dial. It's also essential to have a contingency plan in place in case of emergencies.

Conclusion

Landlords' home emergency cover provides peace of mind that you have access to the necessary assistance to handle any emergency that may arise. It's essential to choose a policy that covers the most common emergencies and provides 24/7 support. With home emergency cover, you can protect your property and save money in the long run.