Rent Guarantee Insurance Providers
- With the recession continuing in the UK and higher unemployment
forecast, these policies are invaluable for many landlords. Rent Guarantee Insurance
will protect you in the event that your tenant fails to pay the rent. As a tax
deductible premium this will guarantee you receive the rent you are expecting
from your property regardless of your tenants personal circumstances, ability
or willingness to pay the rent.
Landlords do their best to ensure that they let their properties to the best possible
tenants - unfortunately it's a fact of life that events happen beyond their control.
If a tenant falls behind on their rental payments it could have serious financial
implications for you, especially if you have mortgage commitments on your property
or if you have calculated your rental income verses your outgoings this will ensure
you do receive your rent. Most such policies will include the legal expenses.
You will receive your rent and the legal fees to obtain vacant possession will
will usually guarantee your rental for a fixed period, typically 6 or 12 months.
Some policies will provide additional cover once you have obtained vacant possession
until you are able to re-let your policy. You must check with the individual
insurance provider for the precise terms and conditions.
following providers offer Rent Guarantee insurance - Just
click on a logo below and
go the insurance provider's website
to letting ?
a look at our landlords
advice - Tips
for landlords guides
do I need Landlords Insurance? and
on Landlord Insurance
weather ahead for Landlords in June Budget Press relase
2009: Simple Rent Guarantee insurance now being advertised
on the jml-property-insurance website
2009: Specialist Rent Guarantee Section now
live on the jml-property-insurance website.