Potential landlords 'should consider home insurance'

Britons planning to take in a lodger or become a landlord might want to consider their home insurance before taking action.

Making changes to living arrangements may not only affect council tax bills, but also home insurance policies, an expert has claimed.

Speaking to the Guardian, Emma Hoyler, of home insurance provider Direct Line, said that while premiums would be minimally affected, policies themselves could change.

According Ms Hoyler, some restrictions may apply, depending upon the policy. For example, the insurance would not cover more than two lodgers and the policy may not stretch to their possessions or damage caused to furniture in their room.

"There are some grey areas though - if they threw paint on your [living room] sofa we wouldn't pay for it, but if something happens in the room and it's accidental damage we probably would pay out," she stated.

Ms Hoyler urged anyone planning on taking in lodgers to make sure they inform their home insurance provider to avoid making their policy void.

Any significant changes to the property should also be reported to the home insurance provider, Privilege Insurance advised last month.

Kwik-Fit Insurance provides customers with new for old contents cover as part of its home insurance policy.




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