Rent guarantee insurance recommendations?

Rent guarantee insurance recommendations?

0:05 AM, 19th May 2023, About 3 years ago 6

Text Size

Categories:

Hello, I have adequate landlord buildings insurance etc and that comes with legal protection etc. What I do not have is rent guarantee insurance.

I don’t want to sign up to an agent to get access to this, nor do I need cover that overlaps with what I have.

I also only want it for one property – a four bed house which is being marketed for a working family (not DSS).

Anyone recommend a company that could suit?

Thank you,

Reluctant Landlord


Share This Article


Comments

Avatar

john thompson

You're Missing Out!

Members can reply to discussions, connect with experienced landlords, and access full member profiles showing years of expertise. Don't stay on the sidelines - join the UK's most active landlord community today.

Not a member yet? Join In Seconds

or if your already a member

Login with

or

Member Since January 2022 - Comments: 68

13:59 PM, 19th May 2023, About 3 years ago

Exactly what I am after. I noticed mud hut site have one for just over £16.00 pm. But not heard anything about it or how they are with claims etc. It dose recommend mediation in disputes so it doesn’t look straight forward no hassles claiming, and I don’t want mider if I have to make a claim

Avatar

Laura Delow

You're Missing Out!

Members can reply to discussions, connect with experienced landlords, and access full member profiles showing years of expertise. Don't stay on the sidelines - join the UK's most active landlord community today.

Not a member yet? Join In Seconds

or if your already a member

Login with

or

Member Since April 2021 - Comments: 114

14:05 PM, 19th May 2023, About 3 years ago

Alan Boswell https://www.property118.com/rent-guarantee-insurance-recommendations/
When I last renewed in Feb23 for one of our properties, it cost £215pa

Avatar

SimonP

You're Missing Out!

Members can reply to discussions, connect with experienced landlords, and access full member profiles showing years of expertise. Don't stay on the sidelines - join the UK's most active landlord community today.

Not a member yet? Join In Seconds

or if your already a member

Login with

or

Member Since November 2020 - Comments: 131

18:32 PM, 19th May 2023, About 3 years ago

I have used Just Landlords for a number of years. Latest premium (which was only a few days ago coincidentally, is £225 (inc. IPT), which includes Legal Fees of up to £50k and Rent Guarantee of up to £2,500 per month.

https://secure.justlandlords.co.uk/rent-guarantee-insurance/quote

Avatar

AP

You're Missing Out!

Members can reply to discussions, connect with experienced landlords, and access full member profiles showing years of expertise. Don't stay on the sidelines - join the UK's most active landlord community today.

Not a member yet? Join In Seconds

or if your already a member

Login with

or

Member Since March 2016 - Comments: 85

8:02 AM, 20th May 2023, About 3 years ago

I currently have policies with Lettingshub, Legal4landlords & Alan Boswell. All deal direct with landlords.

I have had policies with Rentguard, Homelet, Van Mildert (now Rightmove) any many others in the past.

My advice would always be to get the tenant referenced by the company you are taking the insurance out with to avoid any claim getting refused based on the reference.

Many policies have a cap on the rent of £2500pcm so if you have a higher value rental would not be suitable.

I have never actually had to claim on a policy thankfully, so I would be interested to know from anyone who has had experience of claiming.

Avatar

Rob

You're Missing Out!

Members can reply to discussions, connect with experienced landlords, and access full member profiles showing years of expertise. Don't stay on the sidelines - join the UK's most active landlord community today.

Not a member yet? Join In Seconds

or if your already a member

Login with

or

Member Since April 2014 - Comments: 984 - Articles: 2

16:28 PM, 22nd May 2023, About 3 years ago

I use Alan Boswell. They have an excellent legal and rent guarantee insurance add on package.You may get cheaper, but will they pay out when needed. You need to really read the detail in these types of policy.

Avatar

Puzzler

You're Missing Out!

Members can reply to discussions, connect with experienced landlords, and access full member profiles showing years of expertise. Don't stay on the sidelines - join the UK's most active landlord community today.

Not a member yet? Join In Seconds

or if your already a member

Login with

or

Member Since July 2013 - Comments: 1262 - Articles: 1

8:54 AM, 23rd May 2023, About 3 years ago

Most will only give you insurance if they have done the referencing themselves

Have Your Say

Every day, landlords who want to influence policy and share real-world experience add their voice here. Your perspective helps keep the debate balanced.

Not a member yet? Join In Seconds


Login with

or