No matter how thorough your pre-tenancy checks are, no one can predict the future. Even the best tenants on paper can suddenly fall on hard times which could impact their ability to pay their rent.
Rent Guarantee Insurance is a legal expenses insurance contract that covers you if your tenant can't or won't pay their rent during the tenancy.
What's Included:
- Rent arrears paid up to legal vacant possession
- Legal expenses cover up to £50,000 for eviction, rent recovery, damage & legal defence
- 50% of monthly rent paid for up to 3 months after gaining vacant possession
- 24/7 legal and tax advice line for any personal matters
- No Excess
- Monthly rents up to £8000.00 are covered
How it Works:
Step 1: Your tenants are comprehensively referenced
Step 2: You confirm to us you would like your rent protected.
Step 3: We confirm the details to the insurer who will contact us for your payment
Step 4: Payment is made and a copy of the policy is sent to you for safekeeping
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