Whether you are a landlord with a portfolio of properties to be let out or just a single property, one common denominator shared by both landlord types is that let properties are an investment that need to be protected Yet, according to the Association of Residential Letting Agents, landlords often overlook a key protection, that of adequate insurance coverage

Good landlords know the importance of keeping their rented properties well maintained, since not only are tenants entitled by law to have a safe and habitable living environment, it is also in a landlord’s financial interests to ensure the property is kept in good condition After all, without a rent cheque coming in regularly every month, a let property is worthless, and prospective tenants viewing a neglected property are unlikely to want to rent it

According to statistics published by the Empty Homes Agency, there were an estimated 697,055 vacant properties in 2008 Obviously, as a landlord you hope your property does not become such a statistic, but given the vagaries of the rental market, periods when your property remains unoccupied are almost inevitable