A new insurance policy has been offered to cover rental properties where tenants have pets.
The specialist insurance policy is being launched this month by Dogs Trust, the UK’s largest dog welfare charity, and Endsleigh Insurance.
It is designed to give landlords peace of mind and also to offer hope to thousands of pet owners who struggle to find private rented accommodation, by including pet damage cover in the policy as standard.
The ‘Specialist Landlords Insurance – In Partnership with Lets with Pets’ has been established due to demand from landlords who want the reassurance of specialist buildings and contents insurance.
A recent survey found that 88% of landlords said they would rent to pet owners if there was an insurance product available covering pet damage.
Clare Kivlehan, Dogs Trust Lets with Pets manager, said: “Over three-quarters of pet owners experience difficulties finding privately rented accommodation that allow pets, so we are delighted to be teaming up with Endsleigh to offer landlords this specialist cover.”
The insurance policy will be available to individual landlords and cover will include accidental pet damage as standard, plus 120 days unoccupancy, theft by tenants, £2m property owners’ liability, malicious damage by tenants, and landlord’s contents.
Article courtesy of Landlord Today