Protecting your investment is paramount. And that means making sure you’ve adequately managed all the unique risks that come with purpose built student accommodation. Standard property insurance won’t pick up all the unique challenges student housing entails, from construction delays to loss of rental income and alternative accommodation costs

REAL ESTATE

Purpose Built Student Accommodation Insurance

Tailored specialist protection for your assets

Protecting your investment is paramount. And that means making sure you’ve adequately managed all the unique risks that come with purpose built student accommodation. Standard property insurance won’t pick up all the unique challenges student housing entails, from construction delays to loss of rental income and alternative accommodation costs. That’s where specialist purpose built student accommodation insurance comes in - offering tailored solutions that protect your property and your revenue stream from unexpected events.

With more than a decade’s experience in the purpose built student accommodation sector, Lockton understands these unique challenges inside and out. Our bespoke insurance policies are designed to cover everything from physical damage and liability during construction to long-term revenue protection once the property is operational. Supported by all leading real estate insurers and powered by our innovative ’Asset’ system, we provide comprehensive cover that non-specialist brokers can’t match, making sure you have the protection you need, when you need it.

What we bring to your business

  • Property damage and physical loss
  • Loss of rental income and revenue protection
  • Alternative accommodation costs
  • Construction delays and financial loss
  • Property Owners and Public Liability

Who we cover

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Purpose-built student accommodation providers

Real estate investors and developers

Construction companies and contractors

Property management firms

Universities and educational institutions

Private landlords with student housing assets

Mixed-use property owners with purpose-built student accommodation components

Housing associations with purpose-built student accommodation interests

Overseas investors in purpose-built student accommodation markets

Lenders and financial institutions with interest in purpose-built student accommodation developments

Tailored Student Accommodation solutions

See our Brochure

Our Purpose Built Student Accommodation Insurance Team

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Sarah Penlington

Senior Vice President, Lockton
sarah.penlington@lockton.com
+44 7917 514 065

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Daniel Rix

Account Handler
daniel.rix@lockton.com
+44 7825 866 941

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Alex Fuller

Senior Vice President
alex.fuller@lockton.com
+44 7950 203 183

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Oliver Pearman

Producer
oliver.pearman@lockton.com
+44 7950 203 183

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Purpose Built Student Accommodation Insurance FAQs

What challenges does specialist purpose-built student accommodation insurance address?

Specialist purpose-built student accommodation insurance covers a range of risks that standard policies often overlook. These include - but go beyond - property damage, loss of rental income, and delays in project completion. Student properties face high turnover rates and upfront income risks, making them particularly vulnerable. Your insurance needs to take account of construction and liability risks both during development and operational stages. A comprehensive policy will ensure that both revenue and the property itself are well-protected against unforeseen challenges. Achieving this provides the peace of mind that allows investors and operators to focus on their core business.

Purpose-built student accommodation is a niche market with unique risks that standard insurance may not fully cover. Sourcing the right specialist insurance will ensure you’re properly protected from both common and uncommon risks that affect this sector. For example, it can cover revenue loss due to vacancy gaps or damage requiring extensive repairs. The right insurance safeguards against liabilities and provides tailored coverage for things like construction defects or cyber risks. This allows you to manage risk more effectively and reduce costs in the long run. It’s about being prepared for all possibilities and proactively protecting your investment.

A standard property policy typically won’t address the complexities of student housing risks. Specialist insurance provides tailored coverage for property damage, loss of rental income, and liability claims that general policies might exclude. It covers situations like construction delays, alternative accommodation costs, and specific revenue risks. A tailored specialist policy will also take account of issues like high tenant turnover and the student income structures. Having a specialist policy means fewer coverage gaps and enhanced financial protection against unexpected events. It’s about getting comprehensive coverage that matches the specific challenges of your business.

Lockton brings more than a decade’s expertise in purpose-built student accommodation insurance, offering bespoke solutions that address your specific sector challenges. Lockton’s specialist team have developed tailored policy structures to manage unique risks, such as upfront revenue risks and construction delays. Lockton’s ’Asset’ system centralises all data relevant to insured properties, making administration and claims management efficient. With over 18 major insurers supporting its policies, Lockton offers reliable and comprehensive coverage options. Lockton’s team of experts also provides regular reviews, market updates, and innovative insights to help you stay ahead of risks.

Lockton goes beyond standard insurance by providing advanced climate modelling and risk analysis to help clients understand long-term exposures. Lockton’s Claims Code ensures a seamless and transparent claims process, backed by experienced advocates to support complex cases. Lockton also collaborates with technology partners to offer innovative risk mitigation tools, such as water leak detection and earthquake sensors. With dedicated account management, Lockton offers a truly personalised service that adapts to your evolving needs. It’s a holistic approach that combines expertise, technology and client-centric support.