Rent Guarantee Insurance & Legal Expenses Insurance
In today’s tough economic climate it’s more important than ever to protect your investments. And as a landlord that means making sure your properties are completely covered. Luckily help is at hand and the good news is that it needn’t break the bank. Rent guarantee insurance from Quoteline Direct provides both financial security and peace of mind.
As the recession continues to bite a growing number of tenants are failing to meet rental payments. No matter how carefully you have checked your tenant’s creditworthiness, rising unemployment and the rising cost of living, mean more and more tenants are having difficulty paying rent.
With rent guarantee insurance from Quoteline Direct you can rest assured that you’ll be able meet your mortgage repayments; even if your tenants stop paying rent. And for just £94.95 a year you’ll enjoy all the following benefits:
Landlords Rent Guarantee providing financial security covering:
- Rent Protection: providing up to £2,500 per month (for 12 months or a maximum of £25,000) if your tenant fails to pay the rent.
- Eviction Costs: providing legal expenses of up to £50,000 incurred in evicting a tenant from the insured property.
Landlords Legal Expenses of up to £100,000 (for any one given claim) covering:
- Property: providing legal costs in proceedings brought against the insured.
- Repair & Renovation: providing legal costs in disputes in repairs to the insured property.
- Health & Safety: providing legal costs in defending prosecutions brought under the Health & Safety at Work Act.
- Telephone Advice Line: providing professional advice on a wide range of law from Employment and Tax to Health & Safety.
At Quoteline Direct we like to be as flexible as possible which is why cover can be purchased as a stand-alone policy or as an add-on to your landlord buildings and contents insurance. To help with cash-flow we offer a variety of payment methods including by monthly Direct Debit (written details available on request).