Rent guarantee insurance is optional cover that helps to protect you, as a landlord, from being at risk if your tenants have difficulty paying their rent.
Rent guarantee can be an invaluable policy for landlords who rely on the rental income to pay the mortgage. You can choose from a standard or a gold policy which provide slightly different levels of cover. There is an excess on the policy of up to one month’s rent. We provide legal cover as standard on each policy, giving you access to a panel of solicitors to provide you with legal help and advice on a range of matters.
In order to purchase rent guarantee insurance, you must have a rental agreement in place and your tenants must be referenced.
To apply for rent guarantee insurance you must be able to agree with all of the following statements:
Endsleigh’s rent guarantee policy also includes legal expenses cover, providing 24 hour legal support as well as covering the cost of disputes in relation to repossession, eviction and recovery of rent arrears.