Coversure Insurance Services (Nottingham)

Coversure Insurance Services (Nottingham) Reports an Increase in Rented Homes

With the help of the insurance policies offered through www.landlordsnottingham.co.uk, property owners find they save money while protecting their financial investment, the company reports

 

Nottingham, Nottinghamshire -- (SBWIRE) -- 11/18/2014 -- The Guardian reports the number of privately rented homes in the United Kingdom increased by 58 percent between 2005/2006 and 2011/2012. Individuals renting their home take on a number of risks when allowing someone to live there, and Coversure Insurance Services (Nottingham) offers products designed to minimize these risks. When one is in need of Landlords Insurance in Nottingham, Coversure is the only company to call.

"The majority of landlords maintain property insurance on privately rented homes, as they have a mortgage and the mortgage holder requires they do so. Even those who have paid off the home need to maintain this type of protection. With property owners insurance, one finds they are safeguarding not not only the building, but also certain intangible risks, including litigation, terrorism, and public liability. Coversure Insurance Services works to find the policy which best meets the needs of each client, including a buy to let insurance nottingham policy" Reline, spokesperson for Coversure Insurance Services (Nottingham), states.

Landlords often encounter tenants who refuse to pay or fail to fulfill their obligations as laid out in the lease agreement. Studies show this problem affects one-third of all landlords, individuals who must cover the mortgage even when the rent is in arrears. With the help of rent guarantee insurance, one eliminates this concern, and every landlord needs to consider this purchase as nothing can guarantee a renter, even one with excellent credit, will pay on time.

"With this type of policy, landlords know they are protected in the event a renter does not pay. Landlords often worry about the cost of rent guarantee insurance nottingham, yet it is less than many imagine. In addition, one finds they may deduct the cost of the policy against the rental income collected, allowing the property owner to save even more," Reline explains.

One problem many landlords encounter involves abuse and misuse of items within the rental home. Tenants have no financial interest in the property and therefore may not care for the home properly. With the help of multi-appliance cover, landlords find they can obtain protection against the high costs of repairing or replacing a domestic appliance if it breaks down. This is just one of many policies a landlord may wish to consider obtaining through Coversure Insurance Services.

"Consider a variety of insurance policies to protect a privately rented home. The cost of the policies tends to be minimal, and the peace of mind received by a landlord cannot be measured in currency. With the help of Coversure Insurance Services, landlords find they can obtain a policy that is acceptable at a price they can afford," Reline declares.

About Coversure Insurance Services (Nottingham)
Coversure Insurance Services (Nottingham) understands being a landlord comes with a great deal of stress and actively works to reduce the stress one is under when taking on this task. This well known insurance provider, in business for more than ten years now in Nottingham, offers a range of products, from property insurance and rent guarantee to excess protection and multi-appliance cover. Landlords making use of the services offered through Coversure Insurance Services (Nottingham) find the job becomes much less stressful thanks to the help of this company.