Nationwide Building Society Buy to Let Insurance for Landlords. 

Nationwide Building Society in 2010 had 9.5% of the Mortgage market in the UK and offer both new and existing customers a buy to let/landlords insurance policy and for the 12 months ending 2011 the typical buy to let home insurance policy cost less than £210. Below is a summary of what the insurance offers.

Nationwide are able to to offer you a range of commercial package insurance policies including insurance cover for buy to let & property owners.

They combine wide policy cover and competitive premiums with a class leading quotation and policy administration service. Nationwide buy to let & property owners insurance policy offers a comprehensive range of benefits including:

·  Highly competitive premiums with discounts for 'low claims' & multiple premises;

·  Comprehensive cover with high policy limits and Legal Expenses as standard;

·  A wide range of optional extensions including subsidence and terrorism cover;

·  A rapid quote service with access to knowledgeable Underwriters and key decision makers.

On top of the standard insurance features, you can choose from a range of optional extras to create the right level of insurance cover to suit your business needs.

Buy to let & property owners Insurance policy provides comprehensive policy cover at competitive prices. It can accommodate multiple locations and both residential and commercial properties on a single policy and is specifically designed for landlords or buy to let owners who:

·  Own or manage residential or commercial properties;

·  Are responsible for insuring the building or freehold;

·  Let properties with tenancy agreements of six months or more;

·  Let properties to residential tenants who are not DSS beneficiaries or Asylum Seekers;

·  Let property for commercial use; or

·  Have a mixed portfolio of commercial and residential properties.

Nationwide buy to let & property owners insurance is designed to reflect that. As a landlord you will want to ensure that you are getting the right cover for your various properties. This policy offers high quality, competitive cover designed for landlords with the built in flexibility to cater for either single or multi-property portfolios of either residential, commercial or mixed occupancies. Cover includes:

·  Loss of Rent – limit of 20% Buildings sum insured with a 12 month indemnity period for residential properties;

·  Cost of Alternative Accommodation – 20% Buildings sum insured;

·  Property Owners Liability – Standard Limit of Indemnity £2,000,000;

·  Legal expenses £100,000 in any one claim, £1,000,000 total cover;

·  24 hour Legal Helpline;

You can also choose to add these great options for extra peace of mind:

·  Landlords Contents including communal areas;

·  Accidental Damage on Landlords Contents;

·  Accidental Damage on Buildings;

·  Subsidence;

·  Increased limit of indemnity on Property Owners Liability;

·  Employers Liability for clerical, caretakers, gardeners and maintenance people - Limit of Indemnity £10,000,000;