For a multi-tenant HMO property, does standard landlord insurance cover communal areas and potential claims from multiple unrelated tenants, or do I need specialist HMO specific insurance in the UK?
Quick Answer
Standard landlord insurance is usually insufficient for HMOs. Specialist HMO insurance is crucial as it addresses the unique risks of multiple unrelated tenants and communal areas, providing proper coverage.
About This Topic
Discover why specialist HMO insurance is essential for multi-tenant properties in the UK, covering communal areas and liability for unrelated tenants, unlike standard landlord policies.
This question is part of our Buying Your First Property category, providing expert guidance on UK property investment.
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