What Is Rent Guarantee Insurance — and Do Landlords Really Need It?
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One of the biggest risks landlords face is tenants not paying rent. Even a single missed month can disrupt your cash flow — and if arrears continue, the cost of eviction on top of lost income can easily reach thousands.
That’s where rent guarantee insurance (also called rent protection insurance) comes in.
It’s designed to protect landlords financially if a tenant stops paying rent, ensuring your income continues — even during legal disputes or eviction proceedings.
What Exactly Is Rent Guarantee Insurance?
Rent guarantee insurance is a policy that pays your rent if your tenant falls into arrears.
In most cases, it will:
- Pay your rental income every month — even if the tenant doesn’t
- Cover up to 6–12 months of unpaid rent
- Include legal cost cover for evictions and court proceedings
- Continue paying until vacant possession is regained
Some premium policies even go further and cover rent until a new tenant is found.
What Does It Usually Cover?
Covered | Usually Included? |
Missed rent payments | ✅ Yes |
Rent during eviction process | ✅ Yes |
Legal costs for eviction | ✅ Yes |
Court fees | ✅ Yes |
Rent until re-let | ✅ Sometimes (premium policies) |
Property damage | ❌ No (covered by landlord insurance instead) |
Do You Still Need It If You Have Landlord Insurance?
Yes — landlord insurance and rent guarantee insurance are NOT the same.
Landlord insurance typically covers:
- Buildings
- Accidental damage
- Public liability
But it does not cover rent arrears caused by non-paying tenants — that’s exactly what rent guarantee insurance is designed for.
Is Rent Guarantee Insurance Worth It?
With eviction rules tightening and the cost-of-living crisis increasing arrears risk — rent guarantee cover is becoming essential, not optional.
It’s especially valuable if:
✅ You rely on rental income to cover your mortgage
✅ You don’t have months of income to fall back on
✅ You use a DIY / tenant-find-only service
✅ You want complete peace of mind
For many landlords, it’s the difference between financial control and financial stress.
Want Zero Stress? We Handle Everything for You.
We include rent collection and full property management for just £35 per month — and yes, we can arrange rent guarantee protection so you still get paid even if your tenant doesn’t.
✅ Fixed-fee — no hidden charges
✅ 3 months completely free to start
✅ No long contracts — stay because you’re happy
✅ Full compliance, tenant management & inspection handling
Let us protect your income and your time.
👉 Message us today to get started — or request a free no-obligation call.
If you’re considering buying or selling a property in the Leicestershire area, or if you’d like a free valuation, don’t hesitate to get in touch with us at Hauseit. Our team is here to guide you every step of the way.