- Free 14-day no quibble cancellation
- Tenancies with up to £3,000 monthly rent guaranteed
- Up to £50,000 total cover
- No excess on claiming
- Free legal helpline for duration of policy
- Policy still valid if tenants change (subject to referencing and £20 admin fee)
- No need to re-reference tenants if these remain the same when policy is renewed
Rated 4.9 out of 5 by Landlords
Get insurance cover
Total Peace of Mind
Any tenant could suddenly suffer a change of circumstances and no longer be able to pay their rent fully or on time.
But your ongoing costs as a landlord (mortgage, repairs, advertising) will keep adding up.
Rent Guarantee Insurance means you will always be able to rely on your rental income to pay your mortgage and other legal costs as a landlord. It is also known as Legal Expenses & Rent Guarantee (LERG) insurance.
"My tenants suddenly stopped paying their rent..."
When my tenants suddenly stopped paying their rent RGI came to my rescue! It covered the rent I would have lost for around 4 months and also covered my legal costs until I was able to evict the tenants. It's proved a real safety net and I highly recommend it.
What is Rent Guarantee Insurance?
RGI covers you against loss of rental income from tenants not paying their rent. It also includes cover for the legal costs if eviction is required. In short, RGI substantially decreases the financial risk of being a landlord.
RGI covers landlords with monthly rental amounts of up to £3,000 whose applicants have passed comprehensive tenant referencing.
For a small one-off fee you can protect your rental income in the event of an issue such as the tenant defaulting on their rent.
What are the requirements?
Insurance is available to all tenancies where tenants have passed our comprehensive referencing or have a guarantor to do so in their place.
When you are purchasing RGI for a new or existing tenancy, referencing must have been completed within the last 90 days otherwise it will need to be re-ordered.
When can I purchase insurance?
You can purchase insurance once tenants have passed Comprehensive referencing or a guarantor has passed in their place. It can also be purchased once the tenancy is in effect as long as the referencing requirements are met.