Everything you need to know about landlord boiler cover

Everything you need to know about landlord boiler cover

For landlords, there are few more painful expenses to endure than a broken boiler.

Not only is replacing or repairing a boiler expensive, but it also needs to be done quickly, so your tenants aren’t without heating or hot water.

One thing that can help is landlord boiler cover…


Do I need boiler cover as a landlord?

While boiler cover isn’t a legal requirement for you as a landlord, it’s something you should consider taking out for additional peace of mind.

Boiler breakdowns happen, but that doesn’t make them any less expensive or any less stressful for you and your tenants.

Having boiler cover in place should mean the costs of repairing or replacing a broken boiler in your rental property are covered.

It should also mean you can get a plumber to fix the problem quickly, as many boiler cover policies offer 24/7, 365-days-per-year plumber call-outs.

It’s worth remembering that boilers, more often than not, break down in the winter when plumbers are inundated with other water-based home emergencies.

So, having someone available to fix your boiler through your cover during busy times could be worth its weight in gold to your tenants.


Types of landlord boiler cover

Landlord boiler insurance policies are usually split into three options:

  • Boiler only: This covers your boiler only and not pipes or radiators
  • Heating system: This covers your boiler and the heating system as a whole, so you’ll be covered for issues with pipes, pumps and radiators
  • Emergency cover: This means you can get help from a plumber quickly, usually within just a few hours


Boiler cover: Things to consider

As with any kind of insurance policy, it’s important you know what you’re signing up for when you take out boiler cover for your rental property.

Things you’ll need to consider include:

  • The age of your boiler – many policies won’t cover boilers that are more than seven years old
  • Call-out caps – some policies include a limit on the number of times you can use their emergency call-out service
  • What is covered – find out what is covered in your policy and look out for additional charges for certain parts or labour
  • The excess – how much will you have to pay towards repairs or replacement of your boiler?
  • The monthly premium – policy costs vary hugely and the cheapest or most expensive might not always be the best policy for you


Can a landlord claim for a new boiler?

As a landlord, you can offset certain expenses against your income tax bill.

If your rental property boiler breaks down, you should be able to offset what you spend on repairing or replacing it as an ‘allowable expense’.

However, if you have insurance cover and this pays entirely for replacement or repair of your broken boiler, you wouldn’t be able to offset this against your tax bill.

Any additional costs you incur when repairing or replacing your boiler, that aren’t covered by your insurance policy, can be claimed as an expense, though – for instance, decoration work to restore the wall the boiler is attached to.


Does a landlord have to fix a boiler?

Boiler repairs are certainly classed as an emergency when it comes to your tenants, so fixing or replacing a boiler quickly is key to your obligations as a landlord.

Under the Landlord and Tenant Act 1985, tenants have the right to expect their landlord to carry out all repairs in a ‘reasonable time’.

But when it comes to emergency repairs, which boilers fall under, you are expected to fix or replace the boiler within 24 hours.

Using an experienced and trustworthy managing agent can help in situations like these, with Martin & Co’s Premium Managed or Essential Managed service packages which could include arranging emergency call-outs or maintenance from our trusted list of tradespersons.


Landlord insurance with boiler cover

Landlord insurance is key for anyone renting out a property to tenants.

As well as covering a whole host of things, many landlord insurance policies also cover boiler repairs and replacement, too.


Landlord boiler service and gas safety certificate

Boiler insurance should cover you for repair or replacement of a broken boiler.

But many policies also include annual servicing of your rental property boiler and a gas safety certificate.

As a landlord, you’re obligated to undertake a gas safety inspection at your rental property every year.

The certificate should also be given to your tenants within 28 days of the check being completed.

Again, using a trusted managing agent like Martin & Co to look after your property can provide real peace of mind, with annual gas safety certificates included in our Essential Managed and Premium Managed packages.


Further reading…

Government changes to stamp duty and the introduction of a grant system to make properties more environmentally friendly were introduced in July and could have a big impact on you as a landlord.

If you’re thinking of expanding your portfolio, take a look at our guide to the government’s stamp duty ‘holiday’.

And if you’re looking to make some eco-improvements to your rental property, find out everything you need to know about the Green Homes Grant scheme.