Welcome to CompareCrazy.com the online comparison website for the best deals and cover for landlord buildings insurance. As a landlord if you need a a great deal on your landlord buildings insurance then compare quotes from the UK’s leading landlord buildings insurance brokers online here at CompareCrazy.com

Most important of all is to ensure that the buildings cover you have arranged is sufficient to cover the costs of a worst case scenario (a total loss). The buildings sum insured should be the full re building cost, including demolition, removal of debris and architects fee. Be wary of simply using the market value or a mortgage valuation as they rarely a true representation of the re building cost. There is no real substitution for a professional valuation carried out by a suitably qualified surveyor.

Landlord Buildings Insurance

In most instances; the answer is yes you need to have landlord buildings insurance because it is a requirement under your buy-to-let mortgage agreement.  Lack of landlord buildings insurance even if you do not have a mortgage is a risk that for the relatively cheap cost of landlord liability insurance simply not worth taking.

How is landlord buildings insurance calculated?

The premium for your landlord buildings insurance is based on the costs of rebuilding your property. To assess this accurately landlords are advised to obtain a valuation from a professional valuer. It is advisable for landlords to instruct a member of the Royal Institution of Chartered Surveyors to prepare a professional Rebuilding Cost Assessment for insurance purposes. This valuation should be completed on a regular basis to ensure that you have adequate landlord buildings insurance cover in place should disaster strike.

Finding cheap landlord buildings insurance

After years of landlord buildings and contents insurance premiums remaining steady, they have started to climb. In January the average landlord buildings insurance premium lept up by 9.2 per cent. This increase means that it is even more important for landlords to find the best possible deal on your landlord buildings insurance.
When you’re searching for the cheap and more low cost landlord buildings insurance brokers, it is advisable that you carry out research with the help of a landlord insurance comparison website such as CompareCrazy.com. This means you have fast access to range of landlord buildings insurance providers enabling you to choose from the best deal for your rental property or even property portfolio.