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Even with a very thorough referencing process it is impossible to predict if a tenant will cease to pay their rent because of sudden unexpected redundancy, illness, divorce or some other serious circumstances which may unfold, especially with the unstable job market we're currently experiencing and the uncertainty surrounding our departure from the EU. Lauristons can greatly reduce this risk by providing you with a comprehensive Rent Guarantee which also includes Legal Expenses cover.
The Rent Guarantee element of this insurance policy is very simple — if the tenant fails to pay their rent for any reason then the insurance policy will pay you the rent instead.
The Legal Expenses element of the policy provides additional cover in that, in the event of a tenant refusing to leave a property, it covers all of the legal costs associated with formally evicting them.
If you would like further detail on other property related insurances such as Buildings & Contents, Income Protection, Life Assurance or Critical Illness Cover then please click here.
If you would like to find out more or would like to arrange cover then speak to a member of the Lauristons team at your local branch.
If it's more convenient you can fill in the form and an insurance adviser will call you back.