Save your time & money. Get a quote now and see how much you save.
0844 875 55 22
Quote Ref WS1
|
|
Premiums start from only £2.02 a week |
|
Full 12 month policy |
|
|
24 hour legal & tax advice helplines |
|
Provides cover for eviction costs |
|
|
Paperless application with immediate cover |
|
Underwritten by Brit Insurance |
If you have selected your tenants with the proper care then hopefully you won't have issues with them paying rent. However, even with the best of intentions tenants can sometimes have difficulty paying their rent through no fault of their own. Illness or sudden redundancy can occur at any time. If you are unfortunate enough to get a bad tenant you could be in for a lengthy period of litigation (and expense)until you obtain possession of your property through eviction.
Rent Guarantee insurance is an excellent and relatively cheap way to minimise your risk and it is especially important for landlords with only one heavily mortgaged property, and who are therefore very dependant upon the rental income to meet their own commitments. It is usually combined with other forms of Landlords insurance such as Landlords Contents, Landlords Buildings and Landlords Liability insurance. Landlords with a portfolio of properties can usually stand a period of non-payment, whereas a single property owner may not be able to maintain mortgage payments in these circumstances.
Rent Guarantee insurance is usually obtainable once you have correctly verified your prospective tenants
Contact UKinsurancenet on 0844 875 55 55and speak to one of our highly experienced consultants who will be pleased to give you a quotation. Or use our online service for instant results