Property Portfolio Insurance
As a portfolio landlord you can benefit from bulk discounts on your insurance cover. Having just one policy to manage will save you time. Smartlandlord have aceess to a number of products to cover some or all of your properties.
Tailor-made insurance cover for residential landlords with more than one property
- Smartlandlord® introduces Towergate Connect for all of your property portfolio insurance needs, cover can include some or all of the following:
- Buildings Insurance*
- Contents Insurance*
- Cover for loss of rent following a claim
- Landlord's Liability Insurance
- Legal Expenses
- Benefit from bulk discounts on your insurance cover
- Instant insurance cover - or from a start date of your choice
- Flexible additional options available
- Save time and money with one policy to cover your entire portfolio
Get Property Portfolio Insurance cover and protect instantly against potential damage.
- Property Portfolio Insurance brings both simplicity and the financial saving of having one insurance policy to cover your entire portfolio of properties.
- As a landlord, you will need specialist Landlord Insurance, since a normal household policy will not cover your needs.
- While some landlords choose insurance to match the specific demands of their individual properties, if you own a number of buy to let investments it is generally worth having a look at covering them all under one policy.
- Property Portfolio Insurance can bring you savings, much the same as when you buy in bulk at a supermarket.
- You can select flexible cover to suit your specific requirements.
- Your policy can be renewed annually and you are free to cancel a policy at any time. Please refer to the Terms of Business document for further information on cancellation.
Property Portfolio Insurance can save time and money with one policy to cover your entire property investment portfolio.
Next Steps:
- Please download the following Microsoft Excel spreadsheet
Property Portfolio Insurance spreadsheet  
- Complete the form and provide details of all rental properties you would like to include in your insurance cover
Once you are ready, please:
Phone or email Towergate Connect to discuss your requirements, to get a quote and to buy this product:
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| Contact Towergate Connect |
- Our team is here to assist you.
- Please call us on: 0844 892 1444 or email us >>
- We will endeavour to reply to all e-mails within one working day.
- Weekdays 9:00am to 5:30pm
- 0844 892 1444
landlords@towergate.co.uk
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Q. Do I need Property Portfolio Insurance?
A. A normal household insurance policy will not provide insurance cover for your rental property. That is why landlords are advised to get specialist Landlord Insurance cover. By insuring multiple properties under a single Property Portfolio Insurance policy, landlords can benefit from savings in cost and time.
Q. How do you calculate insurance value of my portfolio?
A. Property Portfolio Insurance on a number of properties is subject to the Condition of Average (under insurance). This means that each property insured is subject to Average in that if it is insured for less than the rebuild value of the property, the amount payable in the event of a claim will be proportionally reduced.
Q. Do you offer a new for old policy for Contents Insurance?
A. Yes. Settlement will be based on the cost of replacing the article with a new one, on the condition the article is substantially the same as - but not better than - the original article when new and that you incur the cost of replacement.
Q. Are there any exclusions?
A. Yes. Theft or attempted theft, escape of water or oil, malicious damage, accidental damage to fixed glass, double glazing, sanitary fixtures and damage to plumbing installations by freezing will be excluded from your policy if a property is unoccupied for more than 30 days.
Q. Can I cancel my policy or make changes at any time?
A. You can cancel your policy at any time, however, you will be charged for the period during which you were covered and other charges may be applied to cover the insurer’s costs in cancelling the policy. Changes can also be made at any time but may be subject to an administration fee. Please refer to the Terms of Business document for full details.
Property Portfolio Insurance - Making a Claim
To register a claim please phone Towergate on 01206 773540 between 9am and 5.30pm Monday to Friday.
You should ask Towergate for a claim form and provide as much information as possible to help us deal with your claim quickly and fairly.
If you need to ask any questions during your claim please call Towergate on 01206 773540 and our claims advisors will be happy to deal with your enquiry.
It is a good idea to hire a Chartered Building Surveyor, who can accurately evaluate the worth of your properties to make sure you are insured for the correct sum.
When insuring your properties, it is also a good idea to protect against all insurable risks to the full replacement cost.
It is important to remember that you should only take out Property Portfolio Insurance on your properties for the rebuild value and not the sale price. This is because the sale price is often higher than the rebuild value, which will make your premium higher than needed.
Your insurance provider can calculate the cost of your premium on factors such as the following:
- The location of the properties (postcode)
- The sum insured
- The type of tenants in the property
- Your history of claims
- The age of the properties
- The type of properties (flat, detached, terraced etc)
As these factors vary immensely according to each landlord, insurance providers will work with you to tailor the right Property Portfolio Insurance package for your needs.
