Legal Expenses and Rent Guarantee Insurance
Is your rental income at risk?
Our insurance partner Rentguard can provide you with a Legal Expenses & Rent Guarantee quote.
Evicting your tenants and trying to regain possession of your property can often be a costly battle. When you take out Legal Expenses & Rent Guarantee insurance with Rentguard, you off-set some of the risk attached with tenants defaulting on rental payments whilst still occupying your property.
Benefits:
- A 12 month policy term with no excess
- A mediation service is available during the claims process
- Up to 5 tenants can be covered on one policy (single tenancy agreement)
- Cover can be offered for an existing tenancy agreement (90 days exclusion period will apply)
The maximum amount payable in respect of an Insured Event is as follows:
- Mediation Adviser Costs: £330
- Eviction Adviser Costs: £25,000
- Maximum Monthly Rent: £2,500
- Maximum Rent payable: 6 Months or the end of the Tenancy Period whichever is the lesser