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Direct line landlord insurance Landlord insurance protects you from the risks you encounter when allowing or renting a property. Traditional home insurance coverage might not be enough to protect your premises. This cover is also called buy to let insurance. It protects you from harm to the buildings or to your possessions against a spectrum of risks such as flood, blaze, an outbreak of pipes or hurricane. You can also select from different optional covers like unexpected damage, loss of rent, owner emergency and lawful payments cover.