Landlords insurance and rent guarantee
Trinity Financial has secured access to a leading building insurance and rent guarantee protection policy. It is designed to protect landlords in the event of a tenant not paying the rent or the property being damaged.
Provided by Halifax, the policy covers a number of eventualities, including: squatter eviction, rent guarantee and legal expenses. Also, most properties are covered for rebuild costs of up to £800,000 as standard.
If a tenant stops paying the rent, then the insurer will pay to a maximum of £2,000 per month for 12 months.
The buildings and rent protection policy has been particularly popular with our clients and we have successfully reduced a number of monthly premiums. One client recently told us that his insurance premium was approximately half the price of his existing policy and that this enabled us to add rental protection to his policy at no extra cost.
Let us know if you would like a quote for landlords insurance or buildings insurance.
May 11, 2012