What is an HMO property?
HMO stands for ‘house in multiple occupancy’. A property is classed as an HMO when at least three people who are not from the same household live together and share communal facilities such as a bathroom and/or kitchen. A household includes families, relatives, and people who are in a relationship. HMOs are more commonly referred to as ‘house shares’, though they can also include bedsits and student accommodation properties.
What is HMO landlord insurance?
HMO landlord insurance protects against the increased risk involved with letting houses in multiple occupation. House share properties can be more prone to wear and tear, and if you’re renting to students, the stereotype is that students will host more parties, which could result in accidental damage.
Taking out specialist landlord insurance for HMO properties will help protect your property against the unique risks involved with owning and managing a house in multiple occupancy.
Get a HMO Landlord Insurance Quote
Why choose Adrian Flux for landlord HMO insurance?
Our affordable landlord insurance for HMO tenants can be tailored to your needs, and our HMO insurance is never beaten on price. Cover can include:
- Landlord building insurance for house shares
- Cover for the contents of the property
- Combined building and contents cover
- Legal protection and rent guarantee
- Optional loss of rent cover
- Cover for professional and student HMO lets
- Cover for all types of properties and portfolios
- Liability cover available for property owners
- Discounts for alarms and security locks
- Home emergency and boiler cover
- Cover for unoccupied properties
- Options for paying in instalments
Get a HMO Landlord Insurance Quote
How much does HMO landlord insurance cost?
Although HMO properties come with their own unique set of risks, they can also be less risky in some respects. For instance, having multiple occupants means that the risks involved with rental non-payments are more spread out. Even if one tenant defaults on their payment and goes into rent arrears, you’ll still get rent from the other occupants.
At Adrian Flux, we work on a case-by-case basis, listening to your circumstances and providing a quote that truly reflects the risks involved. As a result, we’re often able to offer low-cost landlord insurance for HMO properties.
We compare quotes so you don’t have to
Speak to us now and we can compare HMO landlord insurance quotes – perfect if you’re fed up of filling in endless online forms, only to receive quotes that don’t truly reflect your situation.
Extra Benefits
Home Emergency Cover
Home Emergency Cover
From leaking pipes to blocked drains, electrical failures to boiler breakdowns, if emergency strikes, having the right insurance can save you time, headaches, and money.
With home emergency insurance from Adrian Flux, you can get your home covered for a wide variety of issues, with tailored cover and flexible payment options, keeping you safe year-round without breaking the bank.
To find out more about our home emergency cover, and all of our home insurance policies, speak to a member of our team today.
Keycare for Landlords
Keycare for Landlords
As a landlord, losing the keys to your rental properties, or having them stolen, can pose both an enormous headache and a big financial burden.
With Adrian Flux’s keycare insurance for landlords, we can cover the cost of replacement keys, changing locks, and locksmith fees for your properties.
Landlord Legal Protection
Landlord Legal Protection
Starting at just £30, Adrian Flux’s landlord legal expenses insurance provides up to £100,000 cover for property legal disputes, attendance expenses and rent recovery costs from your tenants.
An extra level of cover, available from just £150, can also extend to include up to £50,000 advisor’s costs per claim for rent guarantee and provide payments of up to £1,000 per month to cover rent payments missed by your tenants.
To find out more about our landlord legal cover and rent protection, click find out more, or call to speak to our team.
Rent Guarantee
Landlord Legal Protection + Rent Guarantee
Adrian Flux’s landlord legal expenses insurance provides up to £100,000 cover for property legal disputes, attendance expenses and rent recovery costs from your tenants.
An extra level of cover, available from just £150, can also extend to include up to £50,000 advisor’s costs per claim for rent guarantee and provide payments of up to £1,000 per month to cover rent payments missed by your tenants.
To find out more about our landlord legal cover and rent protection, click find out more, or call to speak to our team.