Landlord Insurance
Protect your rental property and investment with Landlord Insurance from Lumen Insurance. Our cover is designed to protect your building, contents and rental income against a range of unexpected events.
Cover can include protection against fire, theft, floods, storms, earthquakes and escape of water or oil. Rent protection helps safeguard your rental income following an insured event, while legal liability cover provides additional protection against claims relating to your property.
With comprehensive protection tailored to the needs of property owners, Lumen Insurance helps landlords in Cyprus protect their property, rental income and financial interests.
Landlord Insurance Cover Types and Benefits
Lumen landlord policy covers your buildings and contents against loss or damage caused by:
- Fire, explosion and smoke
- Lightning and thunderbolt
- Earthquake
- Theft or attempted theft
- Civil commotion and malicious damage
- Escape of oil or water
- Storm or flood
- Falling trees
- Impact by aircraft, vehicles or animals
Automatic Extensions
Lumen Landlord Insurance offers automatic extensions under the sections detailed below:
- Accidental breakage of fixed glass, mirrors and sanitary fixtures
- Insurance for underground services
- Insurance for replacing documents
- The cost to trace and access the source of a leak
- Loss of metered water
- Insurance for locks and keys
- Cover for contents in the open
- Cover for the cost to replenish fire fighting appliances following a fire
Other Policy Sections
Rent Guarantee
Our rent guarantee insurance policy provides cover for loss of rent up to a maximum period of twelve months if the buildings suffer an insurable loss or damage and are uninhabitable as a result.
You will also be covered in the event of non-payment of rent which is due to you if your tenant leaves your building before the end of the tenancy period without giving you or your agent notice and/or your tenant stops paying rent owed to you or your agent. This section will also cover other legal costs and fees you incur to legally evict a tenant following rent default or when recovering amounts owed to you by a tenant.
Legal Liabilities
Legal liabilities policy provides an indemnity limit of €1,200,000 which covers costs which you become legally liable to pay following accidents happening in and around your property.