Brits are being reminded that if they are letting their home, or even just a bedroom to a lodger they must inform their house insurance provider as the cover they have may be invalid in the event of a claim.
In the UK, currently 720,000 people are letting out a bedroom as times become hard and they need that extra little bit of income, however many insurance policies will add special endorsements on to the policy in the event of a theft for example; these figures have risen from 243,000 since last year.
Premiums and the cover provided by an insurance company will be impacted on when the home is let out or if you have lodgers. If you are thinking about doing either of those you should contact your house insurance provider in the first instance. Please be advised that your lodger or tenants must insure their own contents as these will not be covered under your contents insurance policy.
Lower Premium can drive down the cost of your house insurance and let property insurance with competitive premiums from leading UK insurers
October 02nd 2009
Companies found responsible for serious losing data or breaching data protection rules face more than... {more}
April 16th 2010
Next month Birmingham's Commercial Vehicle Operators Show opens and is a chance for manufacturers... {more}
March 31st 2010
A boat yard in Barrow has received a £300 million boost for their shipyard, as the Ministry of Defence... {more}
March 29th 2010
