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New insurance product for tenants' pets

07 October 2009
Written by rosalind renshaw

A new pet insurance policy has been launched for use in rental properties.

Described as a deal-breaker where a landlord is not keen on pets, TenantCare Cat and TenantCare Dog insurance can be taken out by the pet owner to insure against damage the pet may cause to the rented accommodation.

Designed specifically for tenants with cats or dogs, it is claimed to be the only product of its kind on the market. It insures against property damage caused by the pet and costs from £5.17 per month. The policy allows tenants to claim £700 if there is damage caused by the pet during the first 36 months of occupancy, and £500 thereafter.

www.petpalsdirect.co.uk

Comments

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    Sounds a great idea if it keeps deposits down. Will certainly be interested to read the small print.

    Not all home policies cover landlords fixtures and fittings and I do remember once having a labrador puppy which one day ate the door frame and the bottom of the door whilst we were in watching tv! Wasn't expensive to repair in those good old days but now....!

    • 07 October 2009 11:52 AM
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    Doesn't regular household insurance usually cover this? Having said that it would look good to the landlord to see that specialist insurance is in place. Crazy how few letting agents promote pet owners to landlords - they are often prepared to pay a higher deposit, a premium rent and they tend to stay longer. 50% of the population has a pet, so it also facilitates more rapid lets, hence lower void periods. Don't knock it. Woof!

    • 07 October 2009 11:17 AM
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