Is Rent Guarantee Insurance Worth It?

Advice from the property management team at Home Minders

Landlords face a changing landscape — with new legislation like the Renters (Reform) Bill on the horizon, the ability to manage risk and protect income has never been more important.

That’s where Rent Guarantee Insurance comes in. Even with reliable tenants and a good agent in place, unexpected circumstances can arise. Rent Guarantee Insurance ensures that, if your tenant falls behind on payments, your rental income is still protected. In most cases, it also covers legal costs, should you need to take steps to regain possession of your property.

This type of policy is especially relevant now. The abolition of Section 21 will likely make it harder to regain possession without going through a more formal legal route. Having insurance in place helps you navigate that process with greater peace of mind.

At Home Minders, we believe that Rent Guarantee Insurance is an essential tool for any landlord who wants to protect their investment, reduce financial risk, and feel confident about the future.

If you’d like to discuss whether it’s right for you, or learn more about what’s changing in the rental market, our property management team are always happy to help.