Rent guarantee insurance Rent guarantee insurance

Add rent guarantee and legal protection cover to your residential landlord insurance to help protect your rental income if tenants stop paying rent. Cover can also help with legal expenses linked to repossession proceedings, tenancy disputes and rent recovery.

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What is landlords' rent guarantee insurance?

Landlords' legal protection and rent guarantee insurance — also known as rent protection insurance — is designed to help residential landlords if a tenant stops paying rent while living in the property.

Rent guarantee cover bought through Superscript also includes legal protection cover, which can help with legal expenses linked to tenancy disputes, repossession proceedings and rent recovery. They’re two optional covers which are bought as one policy, and can only be added to another landlord policy, like residential landlord insurance.

This cover can help with situations where:

  • Your tenant stops paying rent
  • You need to evict squatters
  • You face a contract dispute linked to your rental property
  • HMRC investigates your rental income tax return
  • You need legal defence linked to letting your property
  • You need to repossess your property

Why choose legal protection and rent guarantee insurance through Superscript?

If you buy legal protection and rent guarantee insurance through Superscript, you’ll get:

  • Cover for rent arrears up to £50,000
  • Up to 12 months of missed rent payments covered
  • Legal expenses cover included
  • Cover for repossession proceedings and tenancy disputes
  • Tax enquiry support included
  • Add cover to portfolios of up to 10 residential properties when you buy online
  • Make policy changes without admin fees

Note that this is not a standalone cover. If you want to buy legal protection and rent guarantee insurance, you need to buy it alongside another cover, like residential landlord insurance.

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What's included in legal protection and rent guarantee cover?

Rent guarantee insurance includes more than just missed rent payments.

Here are some of the core covers included when you buy your legal protection and rent guarantee insurance through Superscript:

Rent arrears cover

If your tenant or ex-tenant stops paying rent while still occupying the property, rent guarantee insurance can help replace lost rental income. Cover is available up to 12 months of missed rent and £50,000 in total.

Repossession cover

If you need to regain possession of your property, this cover can help with legal costs and expenses linked to repossession proceedings. Cover is available up to £50,000.

Rent recovery

If rent is owed to you under the tenancy agreement, this cover can help with legal expenses linked to recovering unpaid rent from your tenant.

Eviction of tenants/squatters

This cover can help with legal costs linked to tenants, ex-tenants and squatters occupying your property without permission.

Property damage disputes

If a tenant or ex-tenant damages your property, this cover can help with legal expenses linked to pursuing a civil claim.

If an issue linked to letting your property leads to criminal prosecution, this cover could help defend your legal rights.

Tax protection cover

If HMRC (HM Revenue and Customs) carries out a full enquiry into your self-assessment tax return, this cover can help with professional fees and expenses.

Contract disputes cover

This cover can help with legal expenses linked to disputes over agreements for goods or services connected to your property.

Once you've completed a quote, you'll be able to view a summary of cover. Please always refer to your policy documents for full details around exclusions, terms and limits of your customised cover. Read our guide to understanding your policy documents.

What our expert says

James Whelton, Landlord Product Manager

“Legal costs and unpaid rent are two different problems, but both can put pressure on your finances as a landlord. This cover brings them together, helping with unpaid rent and certain legal costs when the circumstances are covered by your policy.”

Add rent guarantee to your residential landlord insurance

Rent guarantee insurance is available for residential landlords with:

  • A single residential rental property
  • Multiple residential properties
  • Residential property portfolios of up to 10 properties

Note that this is not a standalone cover. If you want to buy legal protection and rent guarantee insurance, you need to buy it alongside another cover, like residential landlord insurance.

Find out more

Important conditions and exclusions for legal protection and rent guarantee

Like all insurance policies, legal protection and rent guarantee insurance includes certain terms and conditions, and not every situation can be covered. For example:

  • If the tenancy started before your policy began, disputes arising in the first 90 days usually won’t be covered unless you had equivalent cover before this cover started
  • Civil claims must have a 51% chance of success, according to a legal professional
  • Some contract disputes are excluded, including disputes linked to borrowing investment or larger construction works

  • Tenants and guarantors must be properly referenced before the tenancy starts, including:

    • A landlord or managing agent reference
    • An employer or financial reference
    • A credit check
    • A detailed property inventory

It’s important to always check your policy wording for full details of exclusions, terms and limits of your policy.

Find out the key difference between rent guarantee insurance and guaranteed rent schemes.

How do insurance claims work?

1

You make a claim

For rent guarantee and legal protection claims, you’ll need to notify your insurer, ARAG, directly.

You can submit your claim online through ARAG's claims portal: https://claims.araginsurance.co.uk.

Alternatively, you can call ARAG directly on: 0117 934 2111.

2

Your claim will be assessed

Once submitted, your claim will be assessed by ARAG.

If the claim is large, ARAG may need more information from you.

3

Your claim is settled

After it's been assessed, ARAG will let you know if your claim has been successful or not.

If your claim is accepted, you’ll be paid according to the terms and limits set out in your rent guarantee policy.

If your claim doesn't relate to legal protection and rent guarantee insurance, the process to make a claim is different.

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Landlords' rent protection insurance FAQs

Can I get rent guarantee insurance for commercial properties?

Rent guarantee and legal expenses insurance bought through Superscript is only available for residential landlord properties and is not available for commercial landlords.

How much does landlords' legal protection and rent guarantee insurance cost?

The cost of legal protection and rent guarantee insurance depends on several factors, including:

  • The location of your property
  • The number of tenants you have
  • Your claims history
  • The covers you choose

The quickest way to find out how much you would pay is to start a quote.

Is rent guarantee insurance required?

Rent guarantee insurance is optional.

Without rent guarantee and legal expenses insurance, however, you would usually need to cover unpaid rent, legal expenses and repossession costs yourself if a tenant stops paying rent.

What's the difference between rent guarantee insurance and rental income cover?

Rent guarantee insurance and rental income cover are designed for different situations.

Rent guarantee insurance Rent guarantee insurance helps if your tenant stops paying rent while living in your property. So it helps when tenants won’t pay rent.

Rental income cover Rental income cover helps if your property becomes uninhabitable after insured damage, like a fire or flood. So it helps when tenants can’t live in the property.

You can buy both through Superscript. Give us a call on 0330 058 3473 or email hello@gosuperscript.com, and we'll help you get covered.

Can I add landlords' legal protection and rent guarantee insurance to multiple properties?

Yes. If you insure multiple residential properties in one policy, legal protection and rent guarantee insurance across all the properties in your portfolio.

You can insure up to 10 residential properties under one policy. Plus, you can save up to 17.5% on your premium when you insure multiple residential properties online under one policy.

Can I change my policy after it starts?

Yes. You can add or remove covers and make changes to your policy at any time without admin fees.

Cancellations require no notice, but a fee will be charged.

Does rent guarantee insurance cover legal expenses?

Yes. Legal protection and rent guarantee insurance bought through Superscript is a combined cover.

This means you get both covers, which include legal protection cover for things like:

  • Repossession proceedings
  • Rent recovery
  • Contract disputes
  • Tax enquiries
  • Legal defence costs

Terms, limits and exclusions apply, so always check your policy documents.

Does rent guarantee insurance cover tenant eviction?

Legal protection and rent guarantee insurance can help with legal expenses linked to evicting tenants, ex-tenants or squatters from your property.

Does rent guarantee insurance cover unpaid rent?

If your tenant stops paying rent while still occupying the property, rent guarantee insurance can help cover missed rent payments for up to 12 months, subject to policy limits and conditions.

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