Total Landlord is launching a new pet damage protection policy ahead of the Renters Rights Bill becoming law.

The supplier claims that on average, dispute settlements involving pet damage are 141% higher than those without (£1,520.24 compared to £629.92). In 35% of disputes involving pet damage, the cost of repairs exceeds the deposit protected, leaving landlords vulnerable to significant out-of-pocket expenses. 

The new policy being marketed provides landlords with up to £2,500 per period for protection against pet-related damage to buildings or landlord contents to cover unforeseen losses. It also covers gradual wear and tear specifically caused by pets, such as a dog or cat scratching at a carpet over time.

To benefit from the cover, landlords will be required to take a traditional security deposit from the tenant and protect it with a government authorised tenancy deposit scheme and make sure that a professional inventory/condition report has been prepared as part of the tenancy agreement.  

The charge will be 134.40 per year per tenanted property

Total Landlord chief executive Eddie Hooker says: “With deposits currently capped at five weeks’ rent and the government’s recent decision not to mandate tenant reimbursement for pet damage insurance, landlords are left exposed to additional risk.  We understand the challenges that come with allowing pets in rental properties, and our policy offers landlords the financial security they need to confidently accommodate responsible pet ownership.”