Landlord insurance - broker?

[Toaster Pilot]

I'm about to buy my first BTL property - a low value property (problem 1) that I'm not sure what the tenant type will be, more than likely DSS (problem 2), vla a limited company (problem 3) and I need cover to start when I complete on it, rather than when it's tenanted (problem 4)

These things seem to confuse any of the online quotation engines on their own never mind together, do I need to speak to a broker? Who?

Cheers

[SantaBarbara]

Go to one who advertise in Yellow Pages perhaps?

[Toaster Pilot]

SantaBarbara said:

Go to one who advertise in Yellow Pages perhaps?

Who even has a copy of the Yellow fking Pages in 2017?

I could google and ring the first broker I find the name of but that's probably how you end up with the Tradex of the building insurance world.

[grumbas]

insurance_jon on here is the default answer for this sort of problem

You certainly need a proper broker for that sort of risk

[gmasterfunk]

Sme insurance.

[Insurancejon]

This is right up our street!

either drop me a message through my profile, or call 01924 278222. Ask for Jon the boss, or Shaun....both of us look after PH people

[Toaster Pilot]

Big thumbs up for Jon and his team - sorted out the cover I need with no fuss.

[Insurancejon]

Thanks TP, always happy to help.

[onedsla]

Take a look at a cash back site - usually 3-4 well know insurers are offering up to £100 cash back. I tend to switch each year - most quotes are within £10 of each other.

Last year I was 'paid' a few £ on a '5*' landlord policy including a few options such as lost rental cover.

[Toaster Pilot]

onedsla said:

Take a look at a cash back site - usually 3-4 well know insurers are offering up to £100 cash back. I tend to switch each year - most quotes are within £10 of each other.

Last year I was 'paid' a few £ on a '5*' landlord policy including a few options such as lost rental cover.

My needs are a bit too specialist* (read stupid) for mainstream insurers unfortunately

[S6PNJ]

onedsla said:

... usually 3-4 well know insurers.

Anyone you'd care to mention? I've used (and my current policy is with) Alan Boswell brokers.

[onedsla]

I was thinking more mainstream insurers. What specialist aspect precludes them?

A quick search on Topcashback has:
More Than - £68.25 cashback (this was previously £100+, so may change)
Axa - £89.25
Direct Line - £63.00
Endsleigh - £75
Simple Landlords - 71
Legal & General - 71.40
Towergate - 60.90

No affiliation to any but I have used More Than, Axa & Direct Line for Landlord insurance in the past 18 months. Never had to make a claim. My company portfolio includes two x 2 bed houses (one Grade II listed). Policy cost is in the region of £120 - £140pa.

If you find a suitable insurer, check other cashback sites for a better rate.

[S6PNJ]

Thanks, some of those I've not heard of before so I'll have a good look when mine comes up for renewal (Jan!).

[Insurancejon]

onedsla said:

I was thinking more mainstream insurers. What specialist aspect precludes them?

A quick search on Topcashback has:
More Than - £68.25 cashback (this was previously £100+, so may change)
Axa - £89.25
Direct Line - £63.00
Endsleigh - £75
Simple Landlords - 71
Legal & General - 71.40
Towergate - 60.90

No affiliation to any but I have used More Than, Axa & Direct Line for Landlord insurance in the past 18 months. Never had to make a claim. My company portfolio includes two x 2 bed houses (one Grade II listed). Policy cost is in the region of £120 - £140pa.

If you find a suitable insurer, check other cashback sites for a better rate.

The flip side to those prices are they are all unadvised sales, either brokers who sell on an unadvised basis, or direct with insurers....its all well getting a bit of cashback, but not when the product doesn't do what you think it did.