Popular Landlord Insurance FAQs
What is Third Party Liability?
Third Party Liability covers your legal responsibility for injury or damage caused to others while using your vehicle or property. This includes compensation for bodily injury, property damage, and legal fees.
Learn more about what’s covered under your 123.ie policy here: What does Third Party Liability cover in car insurance?.
How long does it take for a claim to be settled?
The time it takes to settle a claim depends on the details of your case. Every claim is different, and some take longer than others. But you can help speed things up by:
- Giving us all the information we need when you make your claim
- Staying in touch with your claims handler
- Sending any requested documents as soon as possible
Want to know more? Check out our detailed guide: How long does it take to settle an insurance claim?.
My property is unoccupied. Am I still covered?
If your home is unoccupied for up to 45 days, your cover remains unchanged. However, if it is unoccupied for more than 45 days, certain coverages will be affected.
For example, theft, attempted theft, and vandalism are not covered once the property has been unoccupied for longer than 45 days.
For full details on how unoccupied periods impact your cover, see Am I covered if my property is unoccupied?.
How much should I insure my buildings for & what should be included?
You should insure your home for its full rebuild cost, not its market value.
This means covering the cost to rebuild from the ground up, including demolition and debris removal. Your sum insured should reflect everything that makes up the structure, including fixtures, fittings, and outbuildings.
To estimate your rebuild cost, use the Society of Chartered Surveyors Ireland’s guidelines and adjust for any high-end finishes.
For a full breakdown, see How much should I insure my buildings for?
Can I get an insurance quote for a property I let out (Landlord Insurance)?
Yes! 123.ie offers Landlord Insurance to cover buildings and any contents you own in properties rented to tenants. Your tenants insure their own belongings. Leases must be at least 6 months.
Quotes available online or call our friendly team on 01 518 1401. For more details see Can I get a landlord insurance quote?
How do I pay my direct debit arrears?
If your direct debit has failed, easily settle your payment online via My123 using a
credit or debit card. Please note that we can't accept payments by cheque, bank draft, or postal order.
For further details, see How do I pay my direct debit arrears?.