Loss Of Rent Insurance
Essential cover for all business types. Compare quotes from leading insurers with instant cover. Quick | Easy | BRISCO
Compare Quoteswhy you need Loss Of Rent Insurance
No matter how long your tenants have been renting your property and how reliable they have been, there are some situations that simply can’t be predicted which may put an end to their tenancy. If a flood, fire, or other serious emergency has left your property unfit for occupation, this will leave you without any source of income from the use of that building.
Loss of rent insurance provides essential cover in the event that tenants are forced to end their lease early following unavoidable damage being caused to your property. Should tenants be left unable to pay rent on a property, this policy ensures that you continue to receive an equivalent level of income until repairs are made and the building can become occupied once again.
Compare quotes with Brisco Business now and find a policy with covers to meet your needs.
Brisco Business Insurance Selector
- 1
- 2
- 3
- 4
Take a brisk walk to find the cover that suits your business best
Are you a property owner / landlord?
What do you do?
Unfortunately, we couldn’t find any results for your term.
Please Contact Us and we can help you to find what you’re looking for.
Where do you mainly run your business from?
How brisco Business Insurance Works
Compare QuotesComplete our simple quote form with basic details about your business
Compare quotes from leading insurers and select the right policy for you
Instantly activate your insurance and view your documents online
Business Insurance – Trades We Cover
Compare Quotes- A
- Abseiling Contractors
- Access Control/Door Entry System Engineers
- Accountancy
- Acoustic Consultant
- Acoustic Engineering
- Actuarial Consultancy
- Actuary
- Acupuncture
- Addressing/Circularising Services
- Adjuster
- Administration
- Adoption Society
- Adult Bookstore
- Advertising
- Advertising Agency
- Advertising Agency Insurance
- Advertising Consultancy
- Advertising Contractor
- Advice Centre
- Aerial Erecting
- Aerobic Instructing
- After Dinner Speaker
- Aga Cooker Installation, Servicing And Repair (Domestic Only)
- Agency Insurance
- Agricultural Consultancy
- Agricultural Contracting
- Agricultural Implements Retailing
- Agronomist
- Air Brush Tanning Consultants (Mobile Or Renting A Chair In A Salon)
- Air Conditioning Engineering
- Air Conditioning Installation
- Air Filter Installer
- Aircraft Design
- Aircraft Surveying
- Alarm Installation
- Anaesthetisation
- Animal Breeding
- Animators
- Antique Dealing (No furniture)
- Antique Furniture Repairers
- Antique Furniture Retailing
- Antique/rare Books Dealing
- Antiques Retailing
- Appliance Repair Insurance
- Aquarium Supplier
- Arbitration
- Architects Insurance
- Architectural Surveying
- Architecture
- Archivist
- Armed Services Outfitters
- Aromatherapy
- Art Criticism
- Art Dealing
- Art Valuation
- Artexing
- Artist
- Artist Materials Retailing
- Arts And Crafts Retailing (Ex. Precious Stones)
- Asbestos Surveying
- Asphalt Surface Contractor
- Assessing
- Astrology
- Astronomy
- Auctioneer
- Audio/Visual Media Hiring
- Audio/Visual Media Retailing
- Audiology
- Auditing
- Author
- Show All
OTHER BUSINESS INSURANCE COVERS
Compare Quotes- Accidental Damage Insurance
- Alternative Accommodation Insurance
- Buildings Insurance
- Business Equipment Insurance
- Business Interruption Insurance
- Computer Equipment Insurance
- Contents Insurance
- Contract Works Insurance
- Deterioration of Stock Insurance
- Directors & Officers Liability Insurance
- Employee Theft Insurance
- Employers Liability Insurance
- Fixtures & Fittings Insurance
- Glass Insurance
- Goods In Transit
- Hired In Plant Insurance
- Home Emergency Insurance
- Legal Expenses Insurance
- Loss of Licence Insurance
- Loss of Rent
- Money Insurance
- Personal Accident Insurance
- Plant & Machinery Insurance
- Products Liability Insurance
- Professional Indemnity Insurance
- Public Liability Insurance
- Stock Insurance
- Tenants Improvements Insurance
- Tool Insurance Show All
What does loss of rent insurance cover?
This type of insurance covers the money you’d lose as a landlord should a flood, fire or other serious emergency render your property unfit for occupation. In this situation, you would ordinarily be left without income while the property remains unusable. However, with loss of rent insurance you will continue to receive an equivalent level of income until repairs are made and the building can be occupied again.
How much does loss of rent insurance cost?
Loss of rent insurance is usually included within property owners insurance packages to offer additional protection for landlords. It can also be included in other insurance packages to protect you against the rent you are due to pay as a tenant should you be unable to use your property following damage. Insurers will assess the cost based on a number of different factors including the value of your property, the annual rentable value and any claims you have made over the last five years. They are looking to assess what risk you pose. Fewer claims mean you’re a lower risk and will translate to lower premiums.
Is loss of rent insurance worth it?
Accidents can and do happen. Whether that is a fire, a flood or damage to your building caused by storm, there are many ways your building can be damaged and rendered unusable. If you don’t have loss of rent insurance in place, you’ll lose out financially if your tenants are no longer able to pay you rent or as a tenant if you are still being charged by your landlord despite having no premises to trade from. This could damage your business finances and prevent you from operating as usual.
