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When you own a range of buy to let properties, properties that you’ve purchased in order to rent them out to someone, you’re essentially letting someone live in part of your business. After all, your business is their homes. So getting buy to let property insurance can be just as important as insuring your shop, or commercial property. This sort of insurance can enable you to insure the property while there are tenants inside it, and also when it is unoccupied: however you must bear in mind that often there is a limit, so you could compare a range of companies policies, to see what the specifics are.
Even if the property is in pretty bad condition, it can still be a good idea to get insurance, because if there is a fire, or a flood, or any sort of accident, not only is your property itself protected, but your very investment in that property is protected. Without buy to let property insurance you are gambling with the future of your business, and it simply is not a clever thing to play with.
Through our comparison system, if you’re in the UK you can search for cheap insurance quotes by comparing the policies offered by our panel of insurance providers.
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