Rent Guarantee Insurance Protection
Your property is important to you, so it’s important to us also. With our fully managed service we make sure your rent is protected so you can have peace of mind
What is Rent Guarantee Insurance and legal expenses service
Rent Guarantee Insurance, also known as Rent Protection Insurance, Tenant Default Insurance, or simply Rent Guarantee, is a type of insurance coverage that provides a safeguard to with rent arrears and address tenancy disputes that include possession should the need arise.
It serves as a safety net in case your tenants are unable to pay their rent. If they default, Landlord Rent Guarantee Insurance steps in to repay arrears and offers professional services to help find a solution.
Even the most reliable tenants can face difficult times, while it’s natural to be understanding, your rental income must still be collected. If tenants are unable to pay, Landlord Rent Guarantee Insurance can provide the solution in such situations.
What Rent Guarantee Insurance covers
Cover for professional (legal fees) & claim costs included
Up to £100,000 (in aggregate with rent payments) to cover eviction and any court costs incurred if the tenant is in breach of their tenancy agreement.
Continued cover when vacant possession is obtained
Cover for 75% of the rent for up to three months after vacant possession. This cover ceases once the property is re-let.
Expert support
Experienced support to manage the eviction of tenants.
Full property cover
It covers the property as a whole, so you can have as many different tenants in the property, and they will all be covered (as long as they pass an enhance reference).
Insurance for non-payment of rent
Rent is paid in full for 12 months for missed rental payments or up to vacant possession, whichever is first).