Property Owners Insurance

Property Owners insurance is designed to meet the requirements of all types of property owners from individuals who own one property to large Companies with sizeable portfolios.

Generally, there are three categories of property insurance as follows:

1. Commercial property
2. Residential property
3. Blocks of flats

There are three main elements which we recommend are covered and these are as follows:

1. Buildings/[Structure]
2. Loss of rental income
3. Property Owners/Public Liability

Buildings Cover

The cover available includes damage by -

Fire, lightning and explosion
Earthquake, riot, aircraft
Malicious persons
Burst pipes, storm or flood
Sprinkler leakage
Glass
Theft
Accidental damage
Subsidence.
Loss of Rent - covers loss of rent following damage to the building by insured perils. Cover can be arranged up to 36 months following a claim. Policies may be arranged for a period of up to 5 years.
Property Owners Liability - covers your legal liability incurred as property owners to any person or damage to property.

Cover is also available where applicable for the following:

1. Landlord's contents
2. Employers Liability
3. Privity of Contract
4. Legionellosis

Houghton Insurance have a numerous market and will seek to obtain best possible quotations taking into account the cover as well as the cost. We also have an exclusive scheme available for Residential Property Owners which whilst remaining competitive provides wider cover than is normal.

To ease collection of payments from the tenants, Houghton Insurance will provide two sets of invoices one for yourself and one for each individual tenant as required.

BUSINESS INSURANCE

This insurance is to arrange a combined cover incorporating various differing covers under one policy.

The various covers available are:

Property Damage

To provide cover against damage to the buildings and contents of your property and items kept elsewhere.

Business Interruption

Provides cover following a claim under the property damage section against reduction in your profit.

The policy may be further extended to include losses following:

1. Denial of access
2. Failure of public utilities
3. Damage at the premises of a supplier or customer

Employers, Public and Products Liability

Provides cover for your legal liability for damages and claimant's costs and expenses in respect of employees, the public and all products supplied.

Money

Cover against loss of money and compensation in respect of injury following robbery

Goods in Transit

Provides cover for loss or damage to your goods in transit either by post, rail or road

Cover can be arranged for your own vehicles and delivery agents

The above form the core of any business policy but you may require or wish to consider any of the following:

1. Book debts.
2. Theft by employee.
3. Personal accident.
4. Legal expenses.
5. Deterioration of stock.
6. Loss of liquor licence.
7. Engineering cover.
8. Credit Insurance.
9. Professional indemnity and Directors and Officers insurance.
10. Medical fees.