Property Owners
The Property Owners’ Liability Insurance is for property owners. It covers third parties against injuries or property damages caused by property. The third party may include tenants, neighbours, visitors, or anyone who may risk getting injured by your property. As a property owner, you are liable to keep your property well-maintained. You secure the tenants, visitors, neighbours and staff safe from any damage resulting from the property owner’s negligence.
What does it cover?
The property owners insurance covers:
- Legal costs
- Compensation
There is usually a limit to the property owner’s insurance. The insurance policy covers all the legal costs in defence of the claim and compensations, hospital treatment and ambulance costs.
Cost of Insurance
Property Owners Insurance varies with the size of the property and the level of visitors, and the risk involved. Violet insurance offers Property Owners Insurance according to your circumstances and assessment of your needs. Every policy is different. Common limits range from £1m to £5m or more.
Who needs it?
All properties are at risk of causing an injury to a person, e.g., a postman may fall on your pavement because of a missing or misplaced tile. As a property owner, you are liable to pay their hospital bills and compensations.
Property owners who think that their property may affect a public member in any way, such as an injury following an accident on or due to your premises. It is not a legal requirement but a valuable investment in your future to secure your finances in the face of claims.
How to get it?
Violet Insurance makes it easy for homeowners and property owners to get this insurance. Our process is simple and transparent. We design the policy in view of your requirements and ensure you get the maximum coverage within your budget.
