The increasing risk of underinsurance and how it can affect landlords
Underinsurance may occur when a policyholder’s insurance does not offer the level of protection they expect, potentially exposing them to a financial shortfall when they make a claim . By letting your insurance policy automatically renew every year, without considering a changing economic landscape or your own circumstances, you may not be suitably covered. For this reason, it can be important to regularly review your property insurance policies. NRLA Partner, Rentguard, gives us their advice.
