The land owners insurance policy protects you against liability claims made against you in respect of your legal liability arising out of the ownership of a piece of land.
We provide property owners liability insurance for land owners with fast access to quotes for a wide variety of properties across the United Kingdom and elsewhere.
Do I need liability insurance as a landowner?
There is no general legal requirement for you to insure against third party property damage or injury arising out of your ownership of an area of land. You are of course responsible for health and safety on the land and it is your duty ensure that you act reasonably in reducing the risk of injury on the property and making it a safe environment to visitors and members of the public at large. Property owners liability insurance for land owners is a public liability policy that protects the policyholder in respect of their legal liability for personal injury or property damage sustained by third parties and arising our of the policyholder’s ownership of the property.
There is no public access to the land, do I still need insurance?
The lack of public access to property does clearly reduce the risks however you are still have the same responsibility to ensure safety and you should be aware that the courts deem that landowners should always take account of the “natural propensity” for mischief of children. in addition to this you have the responsibility of any boundary walls and fences that surround your property and are responsible for any claims arising out of storage on the land, particularly for anything that could “escape” from the property.
Is insurance available for a pond or lake on the property?
Yes this cover is available to land and property owners, but you you must ensure that the insurance company are aware of it’s presence and it’s usage, if any.
Who can buy property owners liability insurance for landowners?
This cover is available to all sorts of landlords and property owners, from single individuals and families, to businesses and residents associations.
How much does land owners insurance cost?
This will depend very much on the land in question. The key factors in rating are the size of the land, the usage if any, whether there is public access, it’s location and whether there have been any previous claims in the property. Clearly a small piece of private land in the Scottish Highlands will present a lower risk than a tract of derelict land in the centre of London.
Another factor influencing the premium will be the limit of indemnity you require under the policy. This is the insurers maximum liability under the policy in respect of any one incident. Common levels are £1m, £2m, £5m and £10m with other levels available.
As a class of insurance, not all insurers offer this cover, but it is true to say that for those that do offer the product the premiums are not expensive and start from less than £100 per year.
How can I buy land owners insurance?
You can apply on-line for quotes or you can call us direct to discuss your requirements with a broker who will pleased to answer any questions you may have and provide you with our best terms for your insurance.