The policy is designed to protect you and your landlords against the risk of a tenant not paying their rent, breaching their agreement or damaging the property.
Existing policy benefits will also apply, including property damage legal expenses cover as standard and legal expenses coverage, delivering a combined policy that has a Limit of Indemnity of £100,000.
We can also renew a current policy held with other insurance providers, if you already offer rent guarantee insurance - subject to standard criteria.
A comprehensive pre-claims process
Our pre-claims process supports you to assess each tenant's financial situation without having to increase your workload. It includes:
✔ Hands-on guidance on legal obligations
✔ Automated communications to tenants and guarantors
✔ Support to mediate payment plans, if viable
Claims will then be accepted subject to criteria. Terms and conditions apply, always read the policy wording.
Protect your landlords and book a free Goodlord demo today.