Some landlords will have contents insurance on the property you rent. This is particularly likely if you rent your home furnished. You can find this out from your landlord, letting agent or housing association.
A contents policy taken out by a landlord will protect only their possessions, such as the furniture, carpets and curtains. It won’t provide any cover for your smart phone, laptop or clothes, so it’s still a good idea to take out your own personal rental insurance to protect your own belongings.
It’s unlikely that your landlord will have accidental damage cover on their contents insurance, so they may use your deposit to cover the cost of any accidental damage caused during your tenancy. Be aware, though, that some rental contents policies include tenants’ liability cover, which typically covers certain types of damage caused to your landlord’s fixtures and fittings. It’s worth checking whether it’s included in your policy.
Your landlord’s insurance may include cover that will put you up elsewhere if your accommodation can’t be lived in while repairs after a fire, flood or other insured event are carried out. This is usually referred to as alternative accommodation cover and an amount for this could also be included in your contents policy.