March 2016 – Ashleigh Mackay and Associates
What is property owners insurance?
March 1, 2016

Property Owners insurance is designed to protect you as an owner of a property whether it be a Commercial or Residential let. It is to safeguard your assets and protect your investment. Ashleigh Mackay and Associates pride themselves in having many years’ experience in this field. Cover is generally on an “All Risks” basis so this will include Accidental Damage as well as the usual risks of Fire, or Water Damage. Major catastrophes, such as serious fire damage to your property would be covered for any rebuild or refurbishment required, so you would need to insure the rebuild cost of your property adequately to cater for this. Your Legal liability for claims made against you as owner of the property is also included for usual indemnity limit of £2,000,000. You would also be insured for your loss of rent in the event of the property becoming uninhabitable due to a fire or serious water damage, where the tenant would have…

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