The National Landlords Association (NLA) has launched its own property insurance product for landlords.

NLA Property Insurance offers two policy types – Standard or Superior, offering landlords more flexibility. Both policies offer protection against a variety of risks to buildings and contents, public liability, lock replacement following the theft of keys, and alternative accommodation costs. The ‘superior’ policy also covers theft or malicious damage by tenants (limited to £25,000 per claim).

NLA Members are entitled to a 15% discount on premiums. The product is administered by insurance partners Hamilton Fraser Insurance.

David Salusbury, chairman of the National Landlords Association, said: “National Landlords Association Property Insurance is an exciting addition to the services we offer to landlords.