Nelson Policies Nelson Policies Menu

Residential Property Owners

This is a new offering to meet the increasing request for Professional Let properties to be insured under a specific contract. We can provide cover for Properties Let to Professionals/Students/DSS, Let Holiday Homes and/or Temporarily Vacant Properties that will be let.

Target Sectors

Block of Flats
Mixed Occupancy Risks
Housing with Multiple Occupancy
Shared Accommodation – Professional let
Bedsits – Professional let
Non-standard Construction
Grade 2 Listed Properties

Subsidence including underpinned properties
Criminal convictions
Adverse financial history
Adverse claims history
Works and Renovations
Risks that have been previously declined

Key Features

living room
  • Loss of Rent automatically included at 33.33% of the Buildings Sum Insured.
  • Damage to additional items such as solar panels, sanitary ware, domestic and underground pipes and cables.
  • Costs needed to repair or replace damaged parts of the premises as a result of sourcing and accessing leaks in respect of escape of water (limited to £5,000 any one period of insurance).

Optional Covers Available

Accidental Damage to Buildings Extension
Malicious Damage Caused by Tenants Extension
Loss of Key Extension

Limits Available

Maximum sums insured is £5,000,000 any one risk Property Owners Liability up to £5,000,000 any one risk

Unacceptable Risks

Thatched properties
Any property with Japanese Knot Weed
Grade 1 or A Listed Properties
Construction with Asbestos
Wimpey No Fines Construction
Demolition Works

Contact us