DL4B's Landlord Video Guide Pt 4: Busting the myths of insurance
Property expert Sarah Walker and DL4B director Jazz Gakhal unravel the common misconceptions surrounding insurance.
One myth is that insurance companies often try to get out of paying out claims. Jazz responds: “If we did that regularly, landlords wouldn’t stay with us. And on average our landlords have been with us for nearly 2 years. It’s a false economy to secure a client promising to pay out when certain things go wrong, then not to do so.”
Check out the video to see Jazz explain why taking out an insurance policy involves the paperwork it does and why insurance companies encourage you to use one of their contractors.