Get a FREE online quote
Save time & money with Falcon or call 0121 679 7265 and put us on test to see how much we can save you!
Insurance for landlords letting to supported living providers
If you own and let property, either commercial or residential, then landlord insurance is essential. If you are renting out property to providers of supported living and other care services then your insurance will have very particular requirements.
Insurance for landlords letting to supported living providers is a form of commercial property insurance, with more cover in areas that are specifically pertinent to the supported living and care sector.
Why choose specialist commercial landlord insurance?
Landlord insurance is a specialist kind of insurance that provides cover for anyone who lets out property for commercial use. Different commercial tenants bring a different range of risks. If you’re letting a property for business purposes, finding the right type of cover can sometimes seem complicated. It’s important that you have the appropriate insurance for your business, to make sure you’re fully protected against any possible adverse or unexpected events.
We also provide landlord insurance in the following sectors
- Nursing or residential care homes
- Supported living facilities
- Hospices
- Dementia care homes
- Care homes for adults with learning disabilities
- Care homes for adults with mental health
- Care homes for addictions
- Children’s care homes
- Day care services
- Half-way Houses
- Domestic Abuse Shelter
- Substance Abuse and Rehab
What’s the best insurance for landlords letting to supported living providers?
Insurance for landlords letting to supporting living providers will consist of some of the components of general commercial landlord insurance, along with extra cover in areas that are particular to the care sector.
This might include:
Landlord Building Insurance This can cover the cost of repairing or rebuilding your property if the structure is damaged or destroyed.
Contents Insurance Not a legal obligation, but contents insurance may be appropriate if you provide your commercial tenants with any items such as furniture, tools, or other equipment.
Public Liability Insurance is Sometimes known as landlord’s liability, this can cover the cost of compensation and legal fees should someone have an accident on your property and take you to court. This might include someone tripping on a poorly maintained step or floor, or other such daily hazards. In a care setting with frail people, accidents can be common.
Accidental Damage Cover There is always the potential for accidents in care settings. Accidental damage to furniture, fixtures, and fittings is not uncommon. Accidental Damage insurance ensures the cost of any damages is covered.
Legal Expenses Cover If you need to defend yourself in court then legal expenses cover will take care of your costs. It can also include legal advice, tax investigation cover and support with any claims against the tenants.
Business Interruption Should your premises be out of use due to repairs, business interruption can cover the cost of finding alternative accommodation for your tenants, as well as income protection.
A tailored and affordable approach to landlord insurance
At Falcon Insurance, we take a personalised and tailored approach to creating the right package of cover for commercial landlords. Landlords who let their property to supported living providers will have a specific range of requirements depending on the nature of the service their tenants are providing. The complicated nature of the care sector means that landlords need to ensure their covered appropriately.
We work closely with our clients to provide specialist tailored cover when off-the-shelf solutions aren’t enough. We can discuss your particular needs and ensure that you’re properly covered against a range of possible eventualities.
A 24/7 Service
Falcon’s dedicated claims line is available 24 hours a day, 7 days a week, 365 days a year, and is manned by friendly and helpful UK-based call-handlers, providing unrivaled customer service. We also offer flexible payment options, where clients can choose to pay either in one lump sum or in regular installments.
To discuss your requirements and to receive a free-quote contact the team at Falcon Insurance today.
Why Falcon Insurance?
Fast documentation
Unrivalled customer service
Competitive rates
24 hour claim line
Knowledgeable friendly staff
Flexible payment options
12-months interest free for property insurance policies
UK based call handlers
Save time & money with Falcon Insurance
And put us on the test to see how much we can save you!
Underinsurance and the Average Clause
Did you know underinsurance can seriously affect your insurance claim and therefore can be devastating to business and individuals this makes it very important to make sure you have the proper coverage you require.
Learn More
