Which insurance policies should you take out if you want to rent out your property in Leiden?

When you plan to rent out your property in Leiden, there are several insurance policies you need to ensure you are well protected. Below you will find an overview of the most important insurance policies you need as a landlord.

Building insurance

Building insurance is mandatory for every homeowner. This insurance covers damage to the property, such as fire and water damage. It is important to check whether your home insurance is also valid when you rent out the property. In some cases you may need special insurance for rented properties.

Liability insurance

Liability insurance is not mandatory, but it is advisable to take out one. This insurance covers damage that you as a landlord accidentally cause to third parties, such as a leak that causes damage to the neighbors.

Contents insurance

As a landlord, you are not responsible for the contents of your tenants. Nevertheless, it may be wise to take out contents insurance for any damage to your own belongings that you have left behind in the home, such as furniture and equipment.

Legal expenses insurance

Legal assistance insurance can come in handy if a conflict arises between you and your tenant. This insurance covers the costs of legal assistance in the event of a dispute.

It is important to check which insurance policies you need and which ones are already included in your current policies. Contact your insurance company for advice on the right coverage for your situation. This way you can rent out your property in Leiden with peace of mind.