Why get this cover?
Given an average bathroom suite alone is typically priced at £1,000, the value of fixtures and fittings in a rental property can be significant. Repairing or replacing damaged kitchens, bathrooms and fitted units can rack up high and unnecessary costs for landlords.
Fixtures and Fittings Insurance covers you if damage has been caused due to an insured event such as a fire or escape of water from a burst pipe.
Accidental Damage can also be selected as an optional extra cover, for an additional premium. So, if a tenant is cooking in the property and leaves a hot pan on the kitchen worktop resulting in burnt rings and damage to the surface, you would be covered.
What isn't covered?
This cover excludes damage to walls, ceilings, concrete flooring and floorboards, external doors and windows, pipes, cables and services.
Can I get this cover?
Fixtures and Fittings cover is available if you own the flat on a leasehold basis and the fixtures and fittings are not covered under the freeholder's property insurance policy. It's an optional cover that can be added to your Landlord Insurance and is for residential properties only.