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rent protection insurance
viskee
Posts: 3 Newbie
Dear all,I had a bad experience with tenanats who left the property without
paying rent for a few months. This left me in ill health and out of pocket.
Is their any insurance that would cover this situation/ or guarentee monthly rent?
viskee
paying rent for a few months. This left me in ill health and out of pocket.
Is their any insurance that would cover this situation/ or guarentee monthly rent?
viskee
0
Comments
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Yes, some insurers include it in the landlords insurance - ive seen some offer to cover 20-30%. You can get a full on rent guarantee policy.
Companies like rent on time charge 6% of the rental payments. I think there is another company who usually offer ti through estate agents but i forget their name.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
http://www.paragonadvance.com/
http://www.endsleigh.co.uk/Letting/Pages/rent-guarantee.aspx
http://www.letsure.co.uk/landlords/rent-insurance.aspx
and many more. Use google.
But read/compare the small print carefully as well as the premiums/conditions.0
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