Rent Guarantee Insurance

Compare Rent Guarantee Insurance Quotes

  • Quotes from up to 29 trusted insurers
  • Complete one short form
  • Find a great today!
Get Quotes

Compare rent guarantee insurance quotes from UK’s leading landlord insurers including:

  • more-than-logo
  • endsleigh-logo
  • rac-logo
  • axa-logo
  • ageas-logo
  • admiral-logo
  • swinton-logo

Why Compare Rent Guarantee Insurance Quotes With SimplyQuote

Managing properties is stressful enough, and the last thing you want to be doing is spending hours comparing different rent guarantee insurance policy quotes from various insurers.

At SimplyQuote, we understand how frustrating and time-consuming this can be.

Instead, you can use the comparison tool to compare rent guarantee insurance quotes in minutes. All you need to do is fill in a short form and you can compare quotes from 29 of the UK’s leading landlord insurers.

This saves you lots of time, removes the stress from the process, and the best thing is, it’s 100% free!


What Do You Need To Get A Quote?

Why Do You Need Rent Guarantee Insurance ?

What Does Rent Guarantee Insurance Cover?

What Add-Ons Are Available For Rent Guarantee Insurance? 

How Much Does Rent Guarantee Insurance Cost?

How Can You Reduce Your Rent Guarantee Insurance Premiums?

Landlord rent guarantee insurance doesn’t tend to be massively expensive. Still, with all the other policies you likely have in place, it all adds up. So, let’s look at some ways you can reduce the amount you pay for your premiums.

Pay a higher excess

As mentioned, paying a higher excess is a good way to reduce the cost of your monthly premiums. This means it might be wise to pay a higher excess rather than a lower one.

Just bear in mind that this means the insurance payouts will be lower if you do need to claim.

Adjust rental income cover limits

It may sound obvious, but make sure your policy covers the exact amount of your rental income. Otherwise, you may be paying more than you need to.

For example, if your monthly rental income is £800 but you’re paying to cover rental income of £2,000, you’ll be paying extra for cover you don’t actually need.

Buy your insurance as part of a package

You may be able to reduce your premiums by buying rent protection insurance as part of a package with other landlord insurance policies. For instance, you could buy an insurance bundle that also includes legal expenses insurance and contents insurance.

Many insurers offer lower premiums for packages like these.

Screen and reference tenants

If your screening process includes income verification, credit checks, and references, the insurer is more likely to offer you lower premiums. This is because thorough screening and referencing are seen to reduce the risk of missed payments.

Pay annually

Most insurers offer small discounts if you pay your premiums annually rather than monthly. The savings may be fairly minor but it could still be worth it.

Compare quotes

Always ensure you compare quotes from plenty of different insurers before making a decision. This is the best way to find a deal that works for you.

How To Compare Rent Guarantee Insurance Quotes With SimplyQuote?

Comparing rent guarantee insurance quotes with SimplyQuote is quick and hassle-free:

  1. Fill in the short form: Tell us about your property and your tenants.
  2. Choose policy add-ons: Choose which additional cover add-ons you want.
  3. Compare quotes: Find a quote to suit your budget and insurance needs.
  4. Save money: Get the best deal to start saving today.
Get Quotes

Frequently Asked Questions

What is rent guarantee insurance?

Rent guarantee insurance is a policy add-on to landlord insurance policies. It helps landlords cover rental income when a tenant defaults on their payments – also called: tenant default insurance or rent protection insurance.

Do I need to get a tenant reference for rent protection insurance?

Most rent guarantee insurance policies require landlords to go through careful checks on tenants before signing contracts. This includes ensuring tenants have references from someone such as a previous landlord or employer, or ensuring they have a registered guarantor that will cover the rent if the tenant fails to pay.

This in addition to credit checks is an essential step in showing providers that you have done your duty to find reliable tenants. Always check the policy wording before signing up to make sure you get paid if needed.

How do I compare landlord rent guarantee insurance?

When searching for landlord insurance, you want to compare quotes until you find the price that fits your budget. With the easy-to-use comparison tool, you can quickly find a landlord insurance policy that doesn’t break the bank.

Before picking a rent guarantee insurance provider, always compare the policies available to find an affordable route that works best for you.

Is guaranteed rent insurance worth it?

If you rely upon rental payments for your regular income then guaranteed rent insurance will be indispensable. In an ideal world, thorough tenancy checks would be enough to protect your monthly rental income, however, there are too many variable factors involved.

With rent guarantee insurance, you won’t have to stress about a tenant’s rent arrears massively impacting your income, knowing that your provider has your back.