DELEGATED AUTHORITY – HOMEOWNERS PROPERTY INSURANCE
We specialise in underwriting residential properties across the US, Canada, the Caribbean, and the UK, focusing on small- to mid-market valuations.
Our product offerings include a comprehensive suite of household insurance solutions, complemented by robust personal liability coverage. These are structured under delegated authority agreements to streamline delivery and ensure flexibility.
We provide extensive coverage for a range of properties, including primary residences, secondary homes, vacant properties, and condominium units.
In addition, our expertise extends to offering tailored protection against risks such as floods, earthquakes, and landslides. These options are available either as standalone policies or as part of a combined package, carefully designed to meet the diverse requirements of our wholesale clients.
Target audience
- Single family homeowners
- Multi family homeowners
- Condo owners
- Renters
Coverage
We can offer ‘full value’ policies that include cover for:
- ‘Basic’ (named perils)
- ‘Broad’ (named perils plus falling objects, weight of ice and snow and water damage)
- ‘Special form’ (all risks)
Subject to the terms and conditions of the policy, we can also offer cover for:
- Difference in Conditions (DIC)
- Earthquake
- Earthquake Deductible Buy Back (EQDBB)
- Explosion
- Fire
- Flood
- Wind Deductible Buy Back (WDBB)
- Windstorm
Capacity
$20m USD – United Kingdom
$50m USD – United States
What sets us apart
Strong partnerships, tailored solutions
At the heart of our approach is the cultivation of robust partnerships with our agents. By gaining a deep understanding of your needs, we can tailor our products accordingly.
Proven expertise, lasting trust
Our prowess is evident in our enduring client relationships and a proven track record. Many of our key business partners have entrusted us with their needs for more than a decade, with some partnerships surpassing 20 years.
Bespoke wordings, dedicated specialists
Our in-house wording team is highly regarded in the market for its expertise and deep understanding of the nuances specific to our industry.
Swift, expert claims handling
With an in-house claims team ready to act quickly, we prioritise fast assessments and resolutions to keep businesses moving.
Contact us
Speak to one of our specialist underwriters
Renowned Lloyd’s of London provides access to central resources, global reach and reputation as the largest (re)insurance marketplace.
On our own company paper we work closely with our policyholders, ensuring a seamless process from underwriting through to claims.
FAQs
What is landlord insurance?
Landlord insurance provides financial protection for property owners renting out residential homes, flats, or multi-unit buildings. It typically covers property damage, loss of rental income due to an insured event, and liability protection in case of tenant or visitor injuries.
Unlike standard home insurance, landlord policies are designed to safeguard against risks unique to rental properties. Examples could include malicious damage by tenants or legal expenses for eviction proceedings.
Why do I need home insurance?
Home insurance is essential for protecting your property and belongings against unforeseen events like fire, theft, and natural disasters. It provides financial security by covering repair or replacement costs, ensuring you’re not left out of pocket in case of damage.
Additionally, most mortgage lenders require homeowners to have insurance as a condition of their loan. Beyond structural protection, home insurance often includes liability coverage, shielding you from potential legal costs if someone is injured on your property.
Does homeowners insurance cover stolen property?
Yes, homeowners insurance generally covers stolen property under the contents insurance section of your policy. This includes theft from within your home and, in some cases, belongings stolen outside (such as from your car or while travelling).
However, coverage limits and exclusions may apply, particularly for high-value items like jewellery or electronics, which may require additional cover.
Which insurance is best for investment property?
The best insurance for an investment property depends on its use. If you rent it out, landlord insurance is ideal, offering protection against property damage, rental income loss, and liability risks.
If the property is vacant for extended periods, unoccupied property insurance may be necessary. Policies can also be tailored to cover specific risks such as flood, fire, and malicious damage by tenants.
What insurance do I need if I am renting?
As a tenant, you typically need renters insurance (also called tenants’ insurance), which covers your personal belongings against theft, fire, and other risks. It may also include liability protection if you accidentally damage the property or a visitor is injured inside your home.
The landlord’s insurance covers the building itself but does not protect your possessions.
Does rental property insurance cover damage from the occupant?
Most landlord insurance policies cover accidental damage caused by tenants, but malicious or intentional damage may require additional coverage. Some policies also include legal expense cover to help landlords recover costs associated with tenant disputes, evictions, or unpaid rent.
Always check your policy terms to ensure you have the right level of protection.
