Letprotector is committed to promoting good risk management to landlords.
Insurers look favourably on employing good risk management as such techniques will reduce the risk of a loss occurring and protecting what is likely to be your largest investment after your home.
It should also be considered that good risk management also acts as a form of due diligence – by avoiding accidents, or major health and safety problems.
As a landlord, you will have legal responsibilities to your tenants to provide them with a safe property to live in, as well as a legal requirement to comply with various regulations.
Checking all appliances are in good working order can highlight any problems. Any such problems can efficiently be dealt with to avoid any further potential problems occurring at the home. In the unfortunate event where an accident may occur, as a landlord you have demonstrated all reasonable steps were taken to avoid committing any wrongdoing.
Letprotector (part of Commercial Express Quotes Ltd) have produced a Landlords Risk Management Guide, which includes a checklist landlord’s can follow to ensure that they have minimised the risks in their rental properties:
Download Risk Management Guide Form