
Rent Guarantee Insurance
Rent Guarantee Insurance is a type of policy that protects landlords against the risk of tenants not paying their rent on time or at all. If a tenant fails to pay, this insurance can cover the lost rental income for a specified period, usually up to a year. It often includes legal expenses for eviction processes. This insurance provides peace of mind for landlords, ensuring they continue to receive income from their property even if a tenant defaults on their rent. It's a financial safety net in property management.