Flightdeck Property Brokers

Protection for residential and commercial properties owners

All the coverage your clients need under one simple policy

Our Residential Property Owner (RPO) and Commercial Property Owner (CPO) insurance policies are specialised insurance products designed to protect individuals or entities who own residential and commercial real estate.

Whether the property is currently unoccupied or rented out to a business or tenant, RPO and CPO insurance provide coverage for various risks associated with owning and managing properties.

With our managing general agent’s (Cedar Underwriting Limited) quote and buy system all you’ll need to do is input client and risk information to receive an instant quote, providing a slick and easy journey for all your policy sales.

Protect what matters

Benefits of Residential and Commercial Property Owner insurance

Protection against property damage

The insurance covers the cost of repairing or rebuilding a property if it is damaged or destroyed by unexpected events such as a fire, lightning, storms, or vandalism up to the sum insured.

Liability protection

If someone is injured on an insured property, CPO and RPO insurance both cover compensation awarded if the owner is found liable up to £2m with the option to increase cover to £5m if it is a commercial property.

Loss of rent

Following a valid claim under the Property Damage Section, cover for loss of rental income or alternative accommodation if the property becomes uninhabitable.

Standard cover provides up to 20% of the building sum insured for rental income or where we pay alternative accommodation up to £150,000 for any period not exceeding 12 months.

If more than 20% loss of rental income is required, this limit can be increased for residential properties.

Contents cover

(Optional)

Covers the personal belongings inside the home, such as furniture, electronics and clothing, against theft or damage from covered risks up to the sum insured.

RPO and CPO insurance FAQS

What is RPO cover?

RPO (Residential Property Owner’s insurance) cover provides property owners with essential protection. It safeguards them from financial loss following an unexpected insured event that causes damage to their property. The policy also covers the landlord’s legal liabilities.

It’s a comprehensive solution designed to protect both rental income and property damage.

The product will accommodate risks with a property damage sum insured up to £2m.

What is CPO cover?

CPO (Commercial Property Owner’s insurance) cover provides the owners of commercial or business premises with essential protection. It safeguards them from financial loss following an unexpected insured event that causes damage to their property. The policy also covers legal liabilities.

It’s a comprehensive solution designed to protect both rental income and property damage.

The product will accommodate risks with a property damage sum insured up to £2m.

Is there a limit on what customers can claim?

Yes, there are limits on claims. Both policy provides cover up to the sum insured and additionally, the policies provides up to £2 million in property owner’s liability (which can be increased up to £5m on CPO policies if required), ensuring protection in the event of legal claims related to injury or property damage that could arise from owning or managing the property.

Does it matter what type of tenant is occupying the property?

Our RPO policy is designed to provide protection for many types of tenants. It covers properties occupied by asylum seekers, DSS non-referral, DSS referral tenants, professionals, students and even HMOs and unoccupied properties.

Our CPO covers most commercial property types. However, nightclubs, hospitals and religious buildings are not covered.

Are there any additional ad-ons or related products available?

Contents cover can be added to either policy as an additional extra. This means if customers wish to protect their belongings within the property, such as furniture, appliances, or other contents, they need to opt for contents insurance when purchasing the policy.

Accidents to domestic staff insurance is also available up to £2m for RPO insurance policy holders.

Coming soon

Landlord home emergency insurance will be available in the first quarter of 2025 as an additional standalone policy. This cover will protect landlords should an unexpected home emergency (such as a burst pipe) pose a threat to a tenant’s home.

Are unoccupied properties and multi-location properties cover?

Yes! We can provide cover for both unoccupied and multi-location properties, however, this is provided on a referral basis.

If you would like to discuss this further, you can contact our MGA team today.

Protect what matters

Protection against property damage

Liability protection

Loss of rent

Contents cover

RPO and CPO insurance FAQS

Want to get started?

Stubben Edge Group

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