Avail Tenant Rent Guarantee Insurance Now
A landlord faces the likelihood of defaults on rent payment from the end of a tenant. There is not much that can be done to claim the rent. The best way to deal with such an eventuality would be to avail a rent guarantee insurance policy. This will safeguard the interests of the landlords. It is not wise to risk your property when you let it out or rent out. Hence, the best way to deal with it would be having insurance.
You can also avail cheap rent guarantee insurance that can help you get insurance at a cheaper rate of interest. This kind of insurance protects landlords whose tenants default on payments of rent. Rent Guarantee also provides cover for costs and proceedings to evict the tenant from the rented property where applicable. On part of a landlord, it would be wise to be protected against voids and non-payment of rent that includes legal expenses and the cost of evicting tenants. We can help you get Rent Guarantee insurance from less than £10 a month!
Our Rent guarantee insurance includes:
- Instant protection if your tenant fails to pay the rent
- Cover up to £2,500 a month in rent
- 6 or 12 month cover option
- Payment within 14 days of default, minus excess
- Expenses for legal action and tenant eviction
On failure to pay rent, the tenants can keep themselves protected with a Rent Guarantee insurance. Rent Guarantee insurance covers up to £2,500 a month in rent as standard. The policy premium is a one-off payment per tenancy agreement, not based on the amount of rental income you receive.
Moreover, the cover automatically includes legal cover for the cost of taking action against the tenant for unpaid rent, up to £50,000 in legal costs and rent only (not counterclaims).
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