House in Multiple Occupation Insurance
Comprehensive Protection for House in Multiple Occupation (HMO) Insurance
Managing a House in Multiple Occupation (HMO) comes with higher risks than a standard rental property. With multiple tenants sharing facilities, there is an increased chance of accidental damage, fire hazards, liability claims, and unpaid rent. Standard landlord insurance won’t fully cover an HMO, making HMO Insurance essential for landlords to safeguard their investment and comply with legal requirements.
ABA Insurance provides specialist House in Multiple Occupation (HMO) Insurance, offering tailored protection for private landlords, student accommodation providers, and property investors. Our policies cover building damage, rental income loss, liability claims, and legal expenses, ensuring landlords have complete peace of mind.
What You Get
Liability
Fleet
Plant
Professional Indemnity
Legal
And more…
What is HMO Insurance?
HMO Insurance is a specialist landlord policy designed for properties rented by multiple tenants from different households. It offers enhanced protection compared to standard buy-to-let insurance, reflecting the higher risks associated with shared living spaces.
This insurance is essential for:
- Student accommodation landlords
- HMO landlords renting to professionals or multiple tenants
- Property investors with shared rental units
- Licensed and unlicensed HMOs
- Short-term let and co-living landlords
Without the right cover, HMO landlords risk financial losses from property damage, unpaid rent, and legal disputes.
Why Do You Need HMO Insurance?
Compliance with HMO Licensing and Legal Requirements
Most HMOs require a local authority license, and landlords must meet strict fire safety and property management regulations. HMO Insurance ensures compliance with local council regulations and mortgage lender requirements.
Protection Against Tenant-Related Damage
With multiple tenants using shared facilities, wear and tear is higher, increasing the risk of accidental or malicious damage. This policy covers repairs, replacements, and restoration costs.
Cover for Fire, Flood, and Structural Damage
HMOs are at higher risk of fire hazards due to multiple occupants cooking and using electrical appliances. Our policy covers fire, water leaks, and structural issues, ensuring landlords aren’t left paying out-of-pocket.
Landlord Liability Cover for Tenant and Visitor Injuries
If a tenant, visitor, or tradesperson suffers an injury due to a defect in the property, the landlord could be sued. Public liability insurance covers legal fees, medical costs, and compensation payouts.
Rent Guarantee Cover for Unpaid Rent
With multiple tenants, the risk of late or missed rent payments increases. Rent guarantee insurance ensures landlords continue receiving rental income, even if tenants default.
Legal Expenses Protection for Disputes and Evictions
Managing multiple tenants can lead to legal disputes over evictions, deposits, or lease agreements. This policy covers solicitor fees, court costs, and legal representation.
What Does HMO Insurance Cover?
- Buildings insurance for fire, flood, and structural damage
- Landlord contents insurance for furnishings, appliances, and fittings
- Loss of rental income cover for uninhabitable properties
- Public liability insurance for tenant and visitor injury claims
- Employers’ liability insurance for on-site staff and maintenance workers
- Legal expenses cover for evictions and tenant disputes
- Rent guarantee insurance for missed or unpaid rent
- Accidental and malicious damage cover for tenant-related property damage
- HMO-specific cover ensuring compliance with licensing regulations
Get The Right Business Insurance
Common Areas To Consider When Getting The Right House in Multiple Occupation Insurance
Worried About Damage from Multiple Tenants?
HMOs experience higher wear and tear than standard rentals. Our policies cover accidental, malicious, and fire-related property damage.
Concerned About Non-Paying Tenants?
Missed rent payments can impact mortgage repayments and cash flow. Our rent guarantee cover ensures landlords continue receiving income.
Need Protection Against Legal Disputes?
Evictions and deposit disputes can lead to costly legal fees. Our legal expenses cover helps landlords resolve disputes efficiently.
Unsure If You Need Specialist HMO Cover?
Standard Buy-to-Let Insurance does not cover HMOs. Our policy ensures landlords meet legal and financial requirements.
Looking for Cost-Effective and Flexible Cover?
We offer customised policies tailored to single-property landlords and large portfolios, ensuring affordable and comprehensive protection.
How Much Does HMO Insurance Cost?
The cost of HMO Insurance depends on:
- The size and location of the HMO property
- The number of tenants and property occupancy type
- The level of buildings and contents cover required
- The rental income and risk of unpaid rent
- Security measures such as fire alarms and safety equipment
- Previous claims history and overall landlord risk assessment
ABA Insurance provides tailored policies at competitive rates, ensuring landlords receive the best protection for their rental properties.
Why Choose ABA Insurance for HMO Insurance?
- Industry expertise with specialist cover for HMO landlords
- Flexible policies designed for small and large HMO portfolios
- Competitive pricing with cost-effective landlord insurance packages
- Fast quotes and an easy application process
- 24/7 support and claims assistance for hassle-free settlements
Client Testimonials
I cannot recommend this company highly enough. I have been a customer since April 2018 and the service I have received is outstanding. The staff are friendly and extremely helpful. Nothing is too much trouble. I would just like to say an extra thank you to Isabella for her customer service and commitment
Chris Baker
CEO/ Founder
Your Questions Answered
How do I know what level of cover I require?
Speak to one of our expects today who can guide you through understanding the levels of cover limits you may require. Call 01474 833 322.
What does Public Liability actually cover?
In short, this covers any damage you cause to any Third Party Property &/or Persons.
What does Professional Indemnity actually cover?
In short, this covers any claim that can come from any losses you may have caused your client or third party caused by the negligence of your professional services & advice you offer.
What is the difference between (BFSC) and (LOSC)?
A Bonafide Subcontractors is a supply and fit contractor that provides their own tools and materials. A Labour Only Subcontractor is pretty much an employee who you pay on a day rate and is under your supervision, direction & control.
What does Contractors All Risk actually cover?
Also referred to as Contract Works, this covers any damage/losses to your works in progress (on going works).
How can I get a quote from you?
Simple call us on 01474 833 322 and one of the team will assist you through a quick and easy experience.
Who do I contact if I have questions?
If you already have a policy with us, you can contact your account manager or alternatively call us on 01474 833 322 and a member of the team will be happy to help.
Why should I choose ABA Insurance?
We are a specialist brokerage within the Construction and engineering industry which means you only deal with a broker that understands your business. We advise on the best insurance solutions to help you in every way possible from advice, claims handling to any questions throughout your policy.
Who will deal with me at renewal?
The same person you delt with at the start. Our team want to make sure they know you and your business inside out. They are dedicated to you from new business all the way through to your renewal.
One Point Of Contact, Countless Ways To Help.
Get a Quote for HMO Insurance Today
Protect your HMO property, tenants, and rental income with HMO Insurance from ABA Insurance. Get a fast, no-obligation quote in minutes, or speak to our expert team for tailored advice.