Rent Guarantee Insurance

Insurance that guarantees your rent, even if your tenants stop paying

  • Up to £2,000 a month to cover your rent for up to 12 months
  • Up to £5,000 of legal cover for evictions – managed on your behalf
  • Rent guarantee cover for both new and existing tenants

Get a quote, and buy rent guarantee insurance online from our partner company, Simple Landlords Insurance

Get a quote

Call today for a rent guarantee insurance quote

0808 172 5600
0808 172 5600


What does rent guarantee insurance cover?

24-hour legal helpline for rent guarantee insurance

No landlord wants to get into a dispute with their tenant, but if things do start to go wrong you may need instant advice and support on what your rights are, and what to do next. That’s why Simple Landlords Insurance’s rent guarantee insurance comes with access to a 24-hour legal helpline, so there’s someone there exactly when you need them.

Legal expenses for eviction covered

Issues with your tenants can be stressful and expensive, and that’s where a rent guarantee policy comes in. As well as paying your missing rent, Simple Landlords Insurance will cover up to £5,000 worth of legal expenses for evictions. They organise it all, too, so there’s one less thing or you to worry about.

Rent guarantee cover for both new and existing tenants

Simple Landlords Insurance covers new tenants just moving in, as long as they’ve got the right references. But they can also cover your existing tenants – even if you didn’t have references for them – as long as there’s a full 90 days without any issues.

Rent guarantee insurance for peace of mind

If your monthly rental income is key to your finances, having a rent guarantee policy means you’ve got a safety net in place if your tenants do go into arrears. It’s peace of mind for landlords with tight margins. You can choose to add rent guarantee to your Simple Landlords Insurance policy.

Rent Guarantee Insurance Claims

Need to make a claim?

To report a claim please contact our claims team on:

0170 8777 720

Photographs of any damage may help us to move your claim along more quickly so please take some if you can. You can email these to simpleclaims@directgroup.co.uk.

Rent Guarantee Insurance Articles & Guides

Read landlords insurance guides and articles.

Landlord Insurance Guide

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Rent Guarantee Insurance Guide

If you’re a landlord, the monthly rent you receive from a property is probably pretty important to you. But what happens if your tenants stop paying? With landlord rent guarantee...

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A Landlord’s Guide to Paying Tax on Rental Income

How much tax you pay on your rental income depends primarily on how much profit you make and what your employment status is. In this guide to landlord tax, we will discuss how to calculate your rental income, how to declare it to HMRC, and provide more tax advice for landlords.

Landlord Home Emergency News Image

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Landlord Home Emergency Insurance Explained

Landlord home emergency cover is insurance which covers you for home emergencies – like the boiler at your rental property breaking down, blocked drains, broken windows or doors – or possibly even a mice infestation.

Landlord Boiler News Image

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Landlord Boiler Breakdown Cover Explained

Landlord boiler breakdown insurance covers you for emergency repairs to the primary heating system of your rental property. It means you can get the boiler fixed fast without fuss - and hopefully keep your tenants warm and happy. This guide explains the key features of landlord boiler breakdown cover and what you should look for in a policy.

Rent Guarantee Insurance FAQs

What is rent guarantee insurance?

Rent guarantee insurance means you’ll get your rent covered for you in the event your tenants stop paying. It means you won’t be out of pocket while your tenants sort themselves out – or you sort out an eviction.

Do I need rent guarantee insurance?

Rent guarantee insurance is not compulsory, but it’s a good option if losing your monthly rental income from a property would put you at a significant financial disadvantage.

What’s the relationship between Towergate and Simple Landlords Insurance?

Towergate and Simple are both part of The Ardonagh Group – and that means we can point customers to the brand that will serve them best. For rent guarantee insurance, that’s Simple Landlords.

The Ardonagh Group is the UK’s largest independent insurance broker with global reach. We are a network of over 100 office locations and workforce of nearly 7,000 people.

How do I get my 10% discount on a Simple Landlords Insurance policy?

Type in discount code TWGT10 when it asks you for one as part of your quote.

Can I buy rent guarantee insurance as a stand-alone or is it just part of a buildings insurance policy?

You can’t buy Simple Landlords Insurance’s rent guarantee policy by itself. It’s an add-on you can choose when you buy a landlords insurance policy.

Can I decide how much to set rent guarantee insurance for?

You can choose your own level of cover based on the amount of rent your tenants normally pay. Lower rent means your premium will be less.

How much does rent guarantee insurance cost?

Simple Landlord Insurance’s rent guarantee starts from £79.99 for 12 months.

Are there any limitations?

Simple Landlords Insurance will pay up to £2,000 a month to cover your rent for up to 12 months. They won’t cover tenants who have a history of not paying their rent, and they won’t cover claims for the first 90 days of the policy if the tenants didn’t have existing references. After 90 days of no incidents, you’ll be covered.

What references do I need from my tenants?

Tenant references must confirm that the tenant can actually meet the monthly rental commitment, must include two forms of identification (one with a photo), and must show they have no outstanding or closed CCJs (County Court Judgements) in the last three years.

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