Property Owners Legal Expenses Insurance

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Property Owners Legal Expenses Insurance

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About Property Owners Legal Expenses Insurance

When you let out property there is always the chance of the unexpected happening. Chasing tenants for the cost of damage, unpaid rent or even gaining possession of the property can be costly and time consuming. Whether you're a landlord with a single property or large portfolio, if the worst happens and you have a legal dispute, a Policy with DAS Legal Expenses Insurance Company Limited will give you peace of mind.

Even when you follow the correct referencing procedure, you still may find you have a tenant who damages your property, doesn't pay the rent on time or doesn't pay the rent at all.

The DAS Policy (whether just Legal Expenses or incorporating Rent Arrears Insurance) has been designed to resolve these problems and help you remove problematic tenants and pursue them for unpaid rent. Problems also occur that no-one can predict such as squatters and damage to your property. DAS will help in taking the appropriate legal action in both of these circumstances.

For many tenancy disputes, DAS Legal Expenses Insurance Company Limited will be able to negotiate a full settlement. However, if this is not possible, they will refer the matter to a lawyer for further action and they will pay legal costs of up to an overall limit of £50,000.


What is covered by the DAS Property Owners Legal Expenses Insurance


Cover

  • Repossession
  • Property Damage
  • Eviction of Squatters
  • Legal Defence
  • Tax Protection
  • Hotel Expenses (Up to £150 a day for a maximum of 30 days)
  • Storage Costs (Up to £10 a day for a maximum of 4 weeks)
  • Rent Arrears (where the DAS Property Owners Legal Expenses and Rent Arrears policy is taken out)

The cover will also extend to include 24- Hour Helpline Services in relation to the following

  • Eurolaw Legal Advice
  • Tax Advice
  • Domestic Assistance
  • Counselling

For further details of the covers and helpline services please refer to the Policy Wordings.

Brochure

If you would like the information from this page in a printer-friendly format, please download our Property Owners Legal Expenses (Rent Arrears) Brochure. As it is in pdf format, you will need to ensure you have Adobe Reader installed in order to view it.

Policy Wordings

Please find below policy wordings from our insurer.
 
DAS Property Owners Legal Expenses Wording
DAS Legal Rent Arrears Wording