With the UK Government’s new Renters’ Rights Bill reforming the private rental market, landlords are facing stricter regulations and reduced flexibility. At UKinsuranceNET, our Rent Guarantee Insurance gives landlords financial protection when tenants can’t—or won’t—pay their rent.
What is Rent Guarantee Insurance?
Rent Guarantee Insurance protects landlords from the risk of unpaid rent if a tenant defaults. It typically includes professional cost to support with eviction processes—offering essential peace of mind in an evolving legal landscape.
With Section 21 evictions proposed to be abolished and stricter rules for increasing rent and removing tenants, this cover is more essential than ever.
What does Rent Guarantee Insurance cover? UKinsuranceNET Rent Guarantee policy includes:
- Monthly rent payments (up to 12 months)
- 75% of rent for 3 months after vacant possession where the property is being marketed for let,
- Cover for professional costs to regain possession of your property ( up to £50,000)
- Expert legal support during eviction proceedings
- Continuity of cover if tenants change (subject to approval)
- 60 day no claims period applies for existing tenancies
Do I need Rent Guarantee Insurance?
While not legally required, this cover is strongly recommended—especially when the renters rights bill comes into force the landlords can no longer evict tenants without fault. If your tenant stops paying rent, eviction could take several months, leaving you with no income and high legal bills.
- Landlords are facing issues with tenants refusing to leave their property
- It takes up to 12 months to get a court order with no rent being paid and other costs adding to this.
- Notice period increased up to 4 months for reasons of possession.
- Rent arrears increased to 3 months from 2 months
Rent Guarantee Insurance bridges that gap and supports your legal journey.
How much does Rent Guarantee Insurance cost?
You can cover your rental income and professional costs for as little as 44p a day* with UKInsuranceNet, meaning that if your tenants don’t pay, you’ll still receive your rental income.
Our Rent Guarantee prices are dependent on the rental amount – click here to get afor your property.
*Dependant on rental amount – example figure based on a rental amount of £600 per month
Why choose UKinsuranceNET for Rent Guarantee Insurance?
With over 20 years of experience insuring landlords, we:
- Offer competitive pricing
- Partners with HomeLet
- Provide UK-based support and expert claims handling
- Help you stay compliant with new rental legislation
Frequently Asked Questions
What does Rent Guarantee Insurance cover?
Rent Guarantee Insurance covers monthly rent payments if your tenant defaults, as well as legal costs to evict them and regain possession. Our Policy also includes Proffesional Costs of up to £50,000.
Does it cover all types of tenants?
Our policy requires tenants to pass referencing checks, including credit history and employment status. Some insurers allow guarantors as an alternative
What happens if my tenant stops paying rent?
You’ll usually need to wait 1 month after the missed payment to claim. Once the claim is approved, your rent payments begin (usually paid monthly in arrears).
Can I get cover if my tenants are already in arrears?
No, most insurers will not cover pre-existing arrears. The tenant must be up to date on rent when the policy starts.
How do I make a claim?
Simply contact our claims team with evidence of missed payments, your tenancy agreement, and any prior communication with your tenant. We’ll guide you step by step.
