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Posts Tagged: Tenants

Rent Guarantee Insurance

Rent Guarantee For Landlords - When your Tenant is unable to pay their Rent

Posted by on February 19th 2018 in Insurance

As a Landlord, the risk is always there; when your tenant suddenly can't pay the rent and is unable to pay what is already due. Even if you have undertaken the best checks and references, you can never predict a tenant facing troubled times such as losing their job or becoming ill, ultimately resulting in them not being able to pay the rent.

If this was to happen, would you be able to cover your expenditure and costs over a prolonged period of time?

WHAT IS RENT GUARANTEE?

Certain insurers we work with for property owners and landlord insurance, allow cover to be...

Malicious Damage by Tenants - Understanding your Landlord Insurance

Posted by on August 5th 2016 in Insurance

It’s every landlord’s nightmare; your tenants have vacated the property and before doing so, left you with potentially thousands of pounds worth of damage. The windows are smashed, the doors and walls full of holes, they’ve even taken your furniture – what now?

Malicious Damage is not always included in standard insurance policies. With one of the UK’s largest insurance companies showing the average costs for such claims being in the region of £6,700, it is important to understand the cover you have in place and its adequacy to protect you in such events. Failure to do so may result in...