Landlord insurance for asylum seeker tenants
Which type of landlord insurance is suitable when you have asylum seekers as tenants?
Firstly, it must be said that the market landlord insurance for tenancies which support asylum seekers is somewhat limited and, generally speaking, is 10-20% more expensive than standard buy to let property insurance. It is a slightly higher perceived risk according to insurers and this is reflected in the smaller pool of insurance providers.
We have come up with a list of several providers, but this should not be taken as an exhaustive list.
The following is an example of a 3 bed terrace property as an example, based in a nondescript town in the north of England, described as brick built and slate roof with a rebuild cost of £120,000:
|Insurer||Premium||Sum Insured||Total Excess||Sum insured||Total Excess|
|* Optional Legal Expenses, Legal Expenses & Rent Guarantee or Home Emergency are not included in the figures above.|
Need to compare asylum seeker landlord insurance?
If you have any questions in relation to asylum seeker landlord insurance, then please do get in touch via the contact page. Please bear in mind that we are not regulated by the FCA, so will not be able to advise on specific insurance matters.
Generally, we have found the online platform at Quoteline Direct to be a good overall comparison provider for asylum seeker property insurance and incorporates most of the ones listed above.