Let Alliance - New Rent Guarantee Insurance
Rent Arrears

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3 Posts
1 week ago
Hi there,

First-time posting here and first-time landlord. My property is not yet rented. I want to take out rental guarantee insurance should the tenant not be able to pay. I know this has been a huge problem through the pandemic and few insurers offer this now.

My agents informed me of a new company/policy offered by Let Alliance. It's 3% monthly rent (so not cheap), but appears they cover 15 months of arrears and "immediately" (after two-three weeks of chasing).

Has anyone used them before? Any particular pitfalls when it comes to rental guarantee insurance generally that would be good to know?

Thanks in advance.

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