Insurance policies not meeting needs of landlords

Paragon says most household insurance policies are designed for owner-occupiers and will not cover specific problems which landlords may face. Unoccupied properties are of particular concern, according to Paragon, as many standard policies will not cover burst pipes or theft for properties left unoccupied for more than 30 days, which can be common during void periods and refurbishment. Landlords also risk malicious damage by tenants and many standard insurance policies carry exclusions for intentional damage and many will not cover the loss of rental income while refurbishments are carrie...