Multiple landlord insurance is usually searched for by people with a different problem from the one they think: not several properties, but several owners of one. A property held jointly by two people, by a partnership, by a trust or by a company has to be insured in the name that actually owns it, and a policy in one name over a property owned by four is a policy with an argument built into it.
The insured name has to match the owner
An insurer indemnifies the person with an insurable interest, and on a jointly owned property that is all the owners. Naming only one is a problem that stays invisible until a claim, at which point the insurer may settle only that person's share. Joint owners should all be named. A partnership is insured in the partnership's name, a trust in the trustees' names, a company in the company's name.
Why the ownership structure changes the policy
A property held personally and one held through a limited company are different insureds with different names, and moving a property between them without telling the insurer leaves the policy naming somebody who no longer owns anything. Where a mortgage is involved the lender's interest is noted as well. All of this is administrative rather than difficult, and all of it is routinely left undone at the point of transfer.
Joint owners who do not agree
Where co owners disagree about cover, the practical answer is that the policy has to satisfy the lease, the mortgage and the most cautious owner, because cover cannot sensibly be split. Deciding in advance who deals with the insurer, who holds the documents and who receives the claim payment saves an argument at the worst possible time.
Several owners and several properties at once
The two problems often arrive together: a couple or a family with a handful of properties held in different combinations. A portfolio policy can carry a schedule with different named insureds per property if the insurer is told, and it is far easier to arrange at inception than to unpick after a claim. Say who owns what at the start.
Questions people ask about multiple landlord insurance
Can two people be named on a landlord policy?
Yes, and they should be if they both own the property. An insurer indemnifies those with an insurable interest, and an unnamed co owner may not be covered for their share.
What if the property is in a limited company?
The company is the insured and the policy must be in its name. Transferring a property into a company without changing the policy leaves it naming somebody who no longer owns it.
How are trust owned properties insured?
In the trustees' names as trustees of the trust. Tell the insurer the structure rather than naming an individual.
Can co owners hold separate policies?
Not sensibly on the same building. Two policies over one property produce a contribution argument between insurers and a slower claim for everybody.