Landlord Rent Guarantee Insurance

There could be many reasons why your tenants cannot pay their rent, or perhaps your property gets affected by fire or other damage and becomes uninhabitable. You can protect yourself from loss of rent with landlord rent guarantee insurance.

Many competitive deals can include landlord rent guarantee insurance, while others offer it as an additional extra. See our selection of the latest offers from leading providers and get quotes to find the best deal for you.

Reasons, why landlord rent guarantee insurance could be a valuable investment, include:

• They have become unemployed
• They have run up debt
• Their usual payments have been delayed
• They have a disability or have become ill
• You have had a dispute with your tenant, and they refuse to pay
• Your property has become uninhabitable as a result of fire or other damage

Adding landlord’s rent guarantee insurance to your policy could protect you against a loss of rent.  However, there are still a few things worth noting when you take out an insurance policy:

• Decide on the level of cover you want and do not buy the cover you don’t need.
• Look at the overall policy, not just the initial premiums.
• Ensure that you answer the landlord insurance provider’s question to the best of your knowledge and be honest. Failure to disclose information could increase your premiums or your policy rejected.
• Make an appropriate and competent tenancy agreement to avoid any problems with your landlord’s insurance policy.
• Make your property secure by fitting deadlocks on windows and doors and an alarm system. This should keep your premiums down.

We advise that you compare a few different policies as many providers offer landlord insurance with rent guarantee cover.

Read each policy carefully before deciding which one to purchase, as you may find that you end up not being covered adequately.