Rent Guarantee insurance, often referred to as rent protection insurance is a form of cover that acts as a safeguard should your tenants be unable to pay their rent. Even the best tenants can fall on hard times and over half (58%) of landlords and agents cited a tenant being in arrears as the most common reason for ending a tenancy according to Government findings. Whilst it’s natural to be sympathetic, your rental income still needs to be paid. If tenants can’t or won’t pay, you need to be protected. We know the importance of protecting your rental investment and we can offer a range of services designed to give you peace of mind.
As a landlord, you may rely upon your rental income to cover mortgage payments. Rent Guarantee Insurance can give you some peace of mind once you have let your property to a tenant. Whilst it is optional cover and isn't a legal requirement, it has been designed to provide some added protection for landlords who are renting out their properties to tenants.
If you are interested in this cover, please speak with our property management team and they will be happy to assist.
Protection for landlords through a trusted supplier
Should your tenant default on their rent payments, you'll find your Rent Guarantee Insurance has a range of benefits including:
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