HMO Landlord Insurance

Specialist insurance for Houses in Multiple Occupation

Trustpilot

Do you own one or more HMO properties? Our experienced team of property insurance experts have been helping landlords like you get the insurance cover needed to protect your investment at a competitive price for over 60 years.

As well as providing you with a fast-turnaround, bespoke HMO Insurance quote, we can also provide you with expert advice if you’re unsure what cover you need.

What is HMO insurance and what does it cover?

As Houses in Multiple Occupation (HMOs) have several separate tenants who share access to the property and facilities such as the kitchen and bathrooms, they potentially face a number of different risks compared to single household properties.

HMO Insurance or “Houses in Multiple Occupation Insurance”, is a type of specialist landlord insurance to help protect their property and their obligations as a landlord. Policies are flexible and can be tailored to individual requirements but can include:

  • Cover for one or multiple properties
  • Buildings insurance cover – including cover for natural disasters such as storms, floods and fires
  • Subsidence, heave or landslip
  • Escaped water or oil, from burst pipes
  • Theft and/or attempted theft
  • Malicious damage
  • Property owners’ liability insurance – covering costs and damages if your tenants or the public are injured on your property
  • Legal expenses insurance – covering the costs of legal defence
  • Landlord Rent Guarantee Insurance
  • Unoccupied property insurance – cover for theft, malicious damage, natural disasters and more when your property is unoccupied for an extended period of time
  • Terrorism insurance – Protect your property if access is restricted or a catastrophic terrorism incident occurs.

Request a free, no-obligation HMO Building Insurance quote

If you’re looking for insurance for your HMO property, please complete the form below or contact our experienced team to request a bespoke quote on 01242 524498 or email enquiries@lansdowninsurance.com.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

FAQs

  • What is a HMO?

    A property is defined as being a House in Multiple Occupancy (HMO) if at least 3 tenants who are not in the same household (i.e. they’re not related or in a relationship with each other) live in the property and all share bathroom or kitchen facilities with each other.

    A property with 3 or 4 tenants would be classed as a small HMO but if there are more than 5 tenants the property would be classed as a large HMO and you may be required to obtain a licence from the local council.

    HMO properties are popular as student house shares and increasingly amongst professionals choosing to house share as the rents of single occupancy properties have increased. You can find out more about HMOs here.

  • Who pays for home insurance in a HMO?

    The landlord of the property is responsible for arranging the buildings insurance for a HMO property.  However, tenants should ensure they have their own contents insurance in place too, to protect their personal possessions if the worst happens.

  • Is having insurance for a HMO a legal requirement?

    Although not strictly a legal requirement, it may be a requirement of your mortgage to ensure your HMO property is adequately insured. Having insurance is a sensible way to protect your investment as without insurance in place you would potentially be liable for all costs if the property was damaged or a tenant or guest was injured. Lansdown Insurance Brokers experienced team, will be happy to answer any questions you have around HMO property insurance for landlords.

  • How much does HMO property insurance cost?

    As each HMO property is different – from small to large properties, converted to purpose-built – the cost of insurance for HMO properties will vary considerably. Some of the factors that impact the cost of HMO insurance, include: the location and type of property, the coverage options selected, the insurer’s underwriting criteria, the landlord’s claims history, and the cover and excess levels selected.

    Working with an experienced insurance broker, like Lansdown, can also help landlords compare HMO Insurance options to find the most suitable cover.

Looking for more cover?