If you own a rental property, or you are a tenant, you may need different insurance products than normal home and contents policies.

Landlords should consider how they can protect their premises, its assets and the income they receive from their tenants.

Renters are not covered by their landlord’s insurance policies. Insurers offer products designed for renters, including low-cost policies.

RENTER’S AND LANDLORD’S POLICY

When you are renting, the owner of the property you are living in is responsible for damage or loss to the building and fittings, but you are responsible for your own possessions – such as your clothes, furniture, electrical goods, books and other valuable belongings.

When a disaster occurs, tenants are often the ones to lose everything and miss out on compensation.

Renter’s insurance is a form of contents cover designed for people living in rented properties.

It protects against financial loss from specific risks such as fire or burglary, or against accidental loss or damage. It can also cover you for accidental damage to fixtures and fittings of the property that you are renting, or provide financial cover for legal liability. It may also cover your possessions when you move between properties.

This type of policy varies between insurers, so it is worthwhile comparing policies to find the features that best suit your needs

At Gold River Insurance, Our team of expertise will make a responsive research and give you the best policy with low premium that best suite your condition.