What do we cover?
The insurance cover provides protection for Rent recovery, Tenant eviction, Tenant property damage, Legal defence, Squatter protection and Property protection.
Points to consider
The landlord will be provided with an experienced solicitor who will take care of the legal process and ensure the property is returned and ready to re-let quickly.
Landlords often rely on rental income as part of a pension or investment portfolio or simply to pay the property mortgage. When the tenant stops paying the rent, this has an immediate financial impact on the landlord. The landlord can then face a drawn-out legal process to get possession of the property which is a drain on finances.
Landlord legal expenses insurance and rent guarantee insurance are sold separately as optional extra covers. Given the benefits of both policies, you should consider advising landlords to take out the cover to ensure they are fully protected in relation to their rental properties
Why choose Financial & Legal?
Financial & Legal Insurance is able to offer a wide range of policy options, with different limits of indemnity and excess to meet individual customers’ needs. Our specialist solicitors ensure possession is quickly obtained and rent arrears are recovered quickly.