Landlords Legal Expenses & Rent Guarantee Insurance

Landlords Legal Expenses Insurance and Rent Guarantee Insurance work hand in hand to protect landlords against unforeseen circumstances which could otherwise prove devastating to their financial plan.

 

Many landlords are experiencing an increase in rental defaults as tenants struggle in the challenging financial climate to manage the increasing cost of living and uncertain job security. Recovering rental arrears can be a very difficult and costly exercise, with no guarantee of success. Following that, the costs of evicting a stubborn tenant can be crippling.

We have selected a combined Rent Guarantee and Landlords Legal Expenses policy which provides the landlord with the protection you need, providing legal and financial assistance in disputes where the tenant has broken the terms of their agreement. In respect of rent arrears, the policy will pay the landlord the income that they rely on whilst the legal team work to recover the payments from and if necessary, evict the tenant.

This cover is available with landlords building / contents insurance at just £90.10 per year (includes Insurance Premium Tax at 6%)

 

Features

• Rent Arrears covered up to £50,000 per incident
• Legal Expenses covered up to £50,000 per incident
• No Excess to Pay
• Unlimited Period of Rent Arrears paid
• 6 or 12 Month options
• All tenant types accepted
• Cover is arranged through Vasek Insurance and provided by DAS, Europe?s largest and leading Legal Expenses and Rent Guarantee Insurance provider.