Tenants Improvements Insurance
Leasing vacant properties from landlords often need considerable structural and cosmetic improvements before being fit for use for your specific business needs. This requires specific cover outside the standard building insurance.
How do I choose the right cover?
As a tenant or a landlord you may be responsible for Tenants Improvements Insurance, but this should be stated in the lease agreement as to who will be responsible for the cover. You’ll need to ensure that you Tenants Improvements Insurance covers the value spent on your improvements to the original building.
What Does Tenants Improvements Insurance Cover?
Any Improvements made to an original building you are leasing, lost through theft, fire, flood, storms, subsidence, burst pipes or water leaks. Some polices may also cover alternative accommodation, paying for a place to stay during repairs to the property after a fire or flood.
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