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Protecting the rental income of your investment property

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. 


Do I need Rent Guarantee insurance?

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.


How do I get insured?

If you are interested in this cover, please speak with our property management team and they will be happy to assist.

 

What does Rent Guarantee Insurance cover?

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:


  • Missed rental payments
  • Rent is paid in full for 15 months or up to Vacant Possession, whichever is first (up to £50,000)
  • Continued cover when vacant possession is obtained
  • We provide cover for 75% of the rent for up to three months after vacant possession.
  • Expert support when you need it most 
  • Our experienced in-house Legal and Claims team will manage the eviction of tenants.
  • Cover for Legal & Claim costs included as standard  
  • Up to £100,000 to cover eviction costs if the tenant is in breach of their tenancy agreement

Speak to us today and find out how rent guarantee can offer you protection




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