slowing economy caused the cost of living and unemployment rising, which means that more and more tenants are falling on hard times and are unable to meet its financial obligations means.

After Homelet a major owner of UK providers and renters insurance in 2007 paid 2.7 million pounds in Homelet warranty claims for rent and they expect a higher number for 2008.

owners who are not participating insurance to protect your rental income to reduce the risk of rent arrears and legal costs to run itself.

Another Insurance Let Insurance Services has also recently declared that the fear that the credit crisis could lead to higher premiums discourage some homeowners against the risk of hedge-tenants, even if the claims on the property rented to rise worldwide.

This could be economically wrong as the rental market has increased, but it is the rising unemployment and falling rents in some areas. Philip Suter of JML can be said for some time, property-insurance.co.uk “Insurance is an essential afford to do without today. Whether you are an owner or tenant, you must make sure your goods are covered and you must to go to a specialist insurance for the lease. “

Many homeowners and renters insurance policies on the line and the cost of labor to the owner are located, on average, from 1.5 percent to 3 percent Monthly rental income. What many homeowners do not know of course that insurance costs can be deducted for the rental of their taxes.
Many tenants, and of course the expensive computers, iPods, cameras and TV and are considering an extended warranty, but not completely to ensure that they and their other possessions never thought break and loot their property.

With some policies cover a tenant against damage to the landlord if they accidentally spilled coffee or wine on the carpet or sofa they are suitable for this instead of wasting a large flea they are paid at the end of the lease . has Homelet

A supplier is also a “portfolio owners policy. That is, more and more owners with multiple properties, they can get an advantage in that their hedge portfolios to lower the premium.


Average property insurance