Landlord Legal Expenses

When tenancies go wrong, there can be lengthy and costly disputes.

Alps Landlord Legal Expenses provides a comprehensive range of cover and advice for owners of both commercial and residential let properties:

Portfolio Management
We can cater for landlords with a portfolio of properties via our ‘portfolio proposition’ management tool on Communic8, which allows multiple properties to be covered on one policy schedule.
Pursuit of Rent Arrear
Assistance in pursuing outstanding rent payments.
Legal Defence
Defence in criminal and civil matters connected to ownership of the property.

Breach of Tenancy Agreement
Legal Assistance in the event of a breach by a tenant of their obligations under the tenancy agreement.
Eviction
Support in the eviction of anyone who is occupying the property without your permission.
Cover on the Property
Cover is per property and not per tenant, allowing the policy to run alongside any change in tenancy without penalties.

Alps Ltd | Insurance add-ons and support provider | House keys

Rent Protection: Option to upgrade & include cover for rent indemnity, to give peace of mind when letting out residential properties (comes with the listed legal expenses cover as standard)

How many policies do I need for more than one property?

This is a per tenancy product and so a policy is needed for each tenancy agreement in operation. This also applies for blocks of flats.

My client has a property that is used for holiday lets, would this product be suitable?

No, this policy would not be appropriate for holiday lets.

Will the product recover losses from a tenant that leaves a property unlettable?

The policy covers the costs associated with pursuing tenants for damage, subject to favourable prospects of recovery. Key considerations in these circumstances are the tenant’s financial means to satisfy any judgment against them, and the record of a correct forwarding address.

Can a client who is a landlord purchase a policy mid-tenancy?

Yes, however the tenants must have met the proper reference criteria outlined in the policy wording. No claim will be accepted in an event where the time of occurrence was before the commencement of the policy, or on an event which occurs within the first 90 days of the period of insurance.

Can a policy be renewed if there’s an ongoing claim?

Yes, as long as the client makes the broker aware of this.