Tesco Landlord Insurance
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What is Tesco Landlord Insurance
Last Update Feb 2023 by MultiQuoteTime Editorial Team
The insurance side of Tesco started in 1997 with a partnership with the Royal Bank of Scotland. The partnership specialises in providing car and home insurance, alongside financial products. Tesco currently have a defaqto rating of 5 stars. Tesco is better known by most as one of the UK’s leading supermarket chains. Like its competitors, it moved into the banking and insurance markets with a range of products, Tesco Home insurance being one of the most popular products with its customer base.
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Currently, Tesco does not offer Landlord insurance, but this type of cover can be provided by a host of other specialised landlord insurance brokers.
Whilst Tesco does not offer landlord insurance, they can provide house contents and buildings insurance for homeowners that live in the residence
Cover available for landlords will normally comprise the following elements. It is important to be aware that landlord insurance is not a legal requirement, but it will provide you with financial protection against your rental portfolio. The average cost of landlord insurance makes it affordable and if you have a secured loan, most providers will make it a loan requirement to have buildings insurance
Will regular home insurance cover me?
Regular home insurance is not designed or robust enough to provide cover when you let out a property. When you do not live in the property, small things can go unreported until that small problem leads to an expensive repair. Without landlord cover you will be liable for these costs and if the tenant claims for injury or illness you could then be held liable for a very large monetary amount. Whilst TESCO landlord insurance is not available, many other specialist providers exist, including ARO Landlord insurance and AVIVA Landlord insurance, among others.
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Services offered by this provider / (Tesco Bank Insurance ) may change over time. Always check Ts&Cs.
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