Landlord Property Insurance Available from Residentsline

Landlords Insurance

Residentsline to the rescue

Rental properties remain a booming business and as a landlord protecting yourself again unexpected costs are important.

Recently there have been a number of much-needed changes within the insurance industry. In the wake of ever-present modernisation, it now seems that the standard deposit system is becoming a thing of the past. And, unlike video stores and hardcopy books, it isn’t something many people will look back on fondly.

The purpose of a deposit replacement scheme is basically to replace the standard deposit payment with an insurance policy. This policy provides landlords with the same protection as a deposit, but effectively removes the requirement of an expensive lump sum prior to a tenancy – this makes it more affordable for tenants to move, but not at the expense of their landlord’s protection.

The common factor across these new deposit-free schemes is the fact that neither the tenant nor the landlord loses out. The tenant is provided with a reduced fee and a payment method to suit their financial situation, thus removing the barriers that many faces in trying to rent. For the landlord, they are provided with the same financial cover as a standard deposit. A major factor at the forefront of these schemes is that the insurance company act as the middle man between landlord and tenant – if any damage occurs, the insurer will cover the costs for the landlord. As agreed, the tenant will be held liable, and the insurer will recover the value from the tenant themselves (in the same way a landlord would deduct money from their deposit).

For more information and to view summaries of cover please click here.

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       Posted on Google  
   
   Lesley Chilkes 
 19 February 2024
 
 
 Trustindex verifies that the original source of the review is Google. I have been using Residentsline for many years as they are consistently the most reasonable and always great to deal with.
  
 
      Posted on Google  
   
   Zoe Trodd 
 3 December 2023
 
 
 Trustindex verifies that the original source of the review is Google. Superb, calm, friendly and above-and-beyond support in a time-sensitive way in particular from Sharon - thank you!!
  
 
      Posted on Google  
   
   Amit Kumar 
 22 August 2023
 
 
 Trustindex verifies that the original source of the review is Google. Director Amit From Bulstrodefreehold  Limited.
Perfect services from residentsline.
  
 
      Posted on Google  
   
   Mari 
 21 July 2023
 
 
 Trustindex verifies that the original source of the review is Google. Absolutely brilliant dealing with Residentsline  Company, always deliver the best deals 😊
  
 
      Posted on Google  
   
   Nigel Tomkins 
 18 July 2023
 
 
 Trustindex verifies that the original source of the review is Google. Always a great service. Tina and Emily are very easy to deal with
  
 
      Posted on Google  
   
   Dom Wealthall 
 3 July 2023
 
 
 Trustindex verifies that the original source of the review is Google. Residentsline are helpful, trustworthy and a pleasure to work with. Would recommend their services if you are looking to place insurance in the residential sector.
  
 
      Posted on Google  
   
   Jan Davies 
 26 May 2023
 
 
 Trustindex verifies that the original source of the review is Google. I am secretary of a small company that manages 8 flats in Harrow on the Hill, Middx.  We have insured our building with Residentsline since the 1980's.
The service from the company has been outstanding.
They are always easily available for advice, information and support.
They deal with claims quickly, professionally and sympathetically.
The staff are. without exception, friendly and efficient.
I should particularly like to commend Tina Hough. I have dealt with Tina for many years and she is an absolute treasure.
  
 
      Posted on Google  
   
   Andrea Samson 
 25 May 2023
 
 
 Trustindex verifies that the original source of the review is Google. Always helpful in achieving the best premium for many years
  
 
      Posted on Google  
   
   David King 
 24 April 2023
 
 
 Trustindex verifies that the original source of the review is Google. Friendly and efficient service.