The humble iron is the demon of buy-to-let properties

The humble iron is the demon of buy-to-let properties

Accidental damage to flooring is the main cause of insurance claims for tenants, followed by damage to furniture and then semi-structural damage to the property according to a breakdown of claims research by LetRisks.


The humble iron is the demon of buy-to-let properties, being the major cause of damage to floor coverings, such as vinyl and carpets, with an average claim of £380. Damage to the building – including décor, curtains, blinds and outside areas more than anywhere else – has an average claim value of £566.


The claims data also reveals that that the most expensive damage to buy-to-let property is fire and smoke damage.  Though it only constitutes eight per cent of all claims, it is responsible for the largest claims with the average being £4,692 – and some exceeding £100,000.


This is followed by water damage, which constitutes 10 per cent of claims, and has an average claim of £690.


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