Atlas Insurance proudly announces the launch of its newest product, the Atlas HomeLet policy, a tailored solution for landlords who manage multiple rental properties or engage in sub-leasing.

Addressing the specific challenges and risks faced by property owners in the rental market today, this new offering provides comprehensive protection and peace of mind for landlords in an increasingly complex market.

The new Atlas HomeLet policy includes extensive coverage for buildings and contents protecting such against theft, damages caused by fire, vandalism, natural disasters and more. Additionally, the policy provides legal liability protection, shielding landlords from potential tenant claims, together with loss of rent coverage which compensates for lost income due to uninhabitable property conditions following damages covered by the policy.

A key factor of the Atlas HomeLet policy is its cost-efficient and simplified structure which is specifically designed for landlords managing multiple properties. With several rental properties insured under a single policy, there is a significant reduction in the landlords’ insurance costs through a single administrative fee together with a simpler management of the policy. With one renewal date and one consolidated payment, landlords benefit from a more streamlined time-saving approach to protecting their property portfolios.

The Atlas HomeLet policy also offers optional Accidental Damage cover, providing landlords with added peace of mind against unforeseen incidents arising from day-to-day use of their rental properties. This enhanced protection is particularly valuable in rental environments, helping to minimise repair costs and reduce disruption between tenancies.

David Cassar, Chief Customer Officer at Atlas Insurance, commented: “With the introduction of this specialised insurance product, we have leveraged extensive market research and feedback from landlords to ensure we address the wide range of complexities encountered when overseeing multiple rental properties. The new Atlas HomeLet policy covers the conventional risks of property damage and liability while also integrating cover for income protection, making it a comprehensive safety solution. Our commitment is to equip our clients with the tools and protections necessary to operate their rental businesses with enhanced security and efficiency, reducing their exposure to financial volatility and legal complications.”

Landlords seeking further information can visit https://www.atlas.com.mt/insurance/homelet/ or contact 2343 5363 , where Atlas Insurance advisors are available to provide tailored guidance, explain coverage options, and assist in structuring policies to suit individual property portfolios.
Atlas Insurance PCC Limited (C 5601) is a cell company authorised under the Insurance Business Act 1998 (Cap. 403 of the Laws of Malta) to carry on general insurance business and is regulated by the Malta Financial Services Authority. The non-cellular assets of the company may be used to meet losses incurred by the cells in excess of their assets.