Compare the best landlord boiler cover plans from leading UK providers.
Boiler cover for landlords is a type of insurance that has been designed specifically with landlords in mind, ensuring that they are covered for their boilers and central heating systems in buy-to-let properties.
The last thing you want to do is receive a call from your tenant during December because the boiler has broken, only for you to realize you cannot afford to foot the bill. What do you do? Your tenant needs heating but you cannot afford to cover it. This is a nightmare scenario for any landlord but it is not something you need to deal with. This is because boiler cover ensures that you can repair or replace your boiler whenever required.
We’re sure you have plenty of questions about taking out landlord boiler cover. Don’t worry, as we will answer them all here:
We make it easy for you to compare landlord boiler cover policies from various insurance providers. We also ensure you have access to all available insurance plans on one page, alerting you to some policies and providers that you may not have come across on your own. This makes it as easy as possible to select a plan that is right for you and your budget.
You can order your results to suit your preference, as well as finding out all of the information you need to know regarding the provider and the level of coverage they provide.
Boiler cover for landlords is a type of insurance plan that has been created specifically for landlords, ensuring their central heating and boiler systems are covered in all of their buy-to-let properties.
You are not legally required to take out boiler cover. However, you are legally required to provide tenants with a habitable property. It is not acceptable to expect your tenants to live in a property without a functioning boiler, particularly within the winter months. If there is an issue with your boiler, you will be expected to get it resolved on an urgent basis. If you have not got the funds to do this, you are going to find yourself in a sticky situation. However, with boiler cover, this is not something you need to worry about.
No, you do not need to take out any boiler cover as a tenant. It is the landlord’s responsibility to do this. Of course, you do have the option of taking out boiler insurance if you want to, but there should not be any need, particularly as the landlord owns the boiler and so it is their responsibility to make sure that it is maintained, safe, and in good working order at all times.
Generally speaking, there are three different types of boiler insurance, and this will impact what is going to be covered.
The first plan is a boiler-only insurance plan. As the name indicates, this covers the boiler itself, ensuring you are protected if there are any issues with the boiler or the controls. However, this does not extend to radiators or pipes.
The next type of plan is a boiler and central heating cover plan. This will ensure your entire system is protected, including heat pumps, radiators, and pipes. However, this extra level of cover tends to come at a higher price.
The third type of landlord boiler cover you may want to consider is home emergency cover. Home emergency policies provide you with a way of getting quick help for any issues with home security, electrics, plumbing, heating, boilers, and more.
No matter what sort of plan you choose, it is important to make sure you read the fine print, as providers have different terms, inclusions, and exclusions, and you do not want to be caught out.
Depending on your provider and the level of cover you select, some of the following features may be incorporated into your insurance plan as a standard. However, if they are not, you may be able to add these to your boiler insurance plan at an extra cost.
The age of your boiler does make a difference when it comes to taking out boiler cover. This is because most insurance providers will have a limit on how old your boiler can be for you to automatically qualify for boiler insurance, and this limit tends to be around seven years.
Should you have an older boiler in your rental home, it may be worth looking into getting a new boiler installed. They are better for the environment and more energy efficient. Plus, they are much less likely to fail to Gas Safe tests that are required each year.
Furthermore, as green energy solutions have become an important part of modern life, you may find it much easier to get tenants in if your home has a higher green rating.
The majority of boiler cover policies come with a no-claims period. This means you won’t be able to make a claim until this period has passed. The no-claims period tends to be between 15 and 30 days. The purpose of this is to make sure that people do not simply take out an insurance plan once their boiler has broken.
The price you are going to need to pay for boiler insurance will typically depend on the sort of policy you take out. If you opt for a high level of cover, accommodating your entire central heating system, this will naturally result in higher premiums.