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Insurer warns landlords over cannabis producing tenants

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  • Insurer warns landlords over cannabis producing tenants

    Norwich Union has been warning landlords that they should vet tenants carefully and take time over inspecting properties, because of a rise in the use of let residential properties as cannabis farms.Police figures show there were 5,497 seizures of cannabis plants in 2006/07 (up 34% since 2005) and according to the insurer, the cost of [...]

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    We have noticed a rise in "cannabis factory" claims. It is commonly thought that this is covered by insurers as malicious damage by the tenant. The only problem is that the damage caused is not "malicious" as such and is not covered by any other insured peril. The only time insurers pay out is if the landlord has taken extensive measures to vet their tenants and check their property regularly. Even then it is at the insurer's own discretion. They have no commitment to pay as it is not specifically covered under the policy. It is basically impossible to have this sort of claim guaranteed by the insurers to be covered.
    UK Landlord Insurance Specialist