• Policies & Pricing

    Rent Guarantee cover helps to ensure that you will still receive your rental income should your tenants miss their rental payments and/or there are additional costs associated with legal expenses and eviction.

    Policy per property, not per tenancy.
    Legal advice helpline and up to £100k legal expenses are included in all policies.

    6 months

    Annual

    Standard

    1 months rent excess on each claim

    Up to £2,500 rent per month

    £56.10

    £75.00

    Up to £5,000 rent per month

    N/A

    £125.00

    Up to £7,500 rent per month

    N/A

    £159.00

    Standard & Nil Excess

    Up to £2,500 rent per month

    £76.50

    £91.80

    Nil Excess & Vacant Possession

    2 months 75% of rental income cover following eviction of tenants(s)

    Up to £3,000 rent per month

    £86.70

    £102.00

    Up to £5,000 rent per month

    N/A

    £150.00

    Up to £7,500 rent per month

    N/A

    £170.00

    Purchasing criteria

    A RentProfile Tenant or Guarantor report rated at ‘Low’, ‘Medium-Low’ or ‘Medium’ risk meeting the following criteria:

    1. No CCJ’s in the last three years

    2. A RentProfile identity check

    3. An employer’s reference confirming that the tenant is in current and permanent employment and that their income is sufficient to pay the rent after the deduction of normal living costs or is at least two and a half times the monthly rent. If the applicant is Self-Employed an accountant’s reference or contract verification which demonstrates earnings meeting RentProfile affordability pass score.

    The property must not be a commercial property or HMO.

    Tenants must not already be in arrears when purchasing this product.

    As a Letting Agent under FCA rules you are not allowed to sell, arrange or promote insurance to your clients (as you are not regulated to do so). You can however take out a policy in your name that your landlords can benefit from. This enables you to offer a management service that includes rent and legal protection. The policy must be in your name as the Letting Agent, you must pay the premium, but either you or the property owner can make a claim against the policy.

    Rentprofile Group Ltd is an introducer appointed representative (804048) of Alan Boswell Insurance Brokers Ltd, which is authorised and regulated by the Financial Conduct Authority.

    Enabling Rent Guarantee for your Agents account

    If not already enabled for your account then please talk with your RentProfile account manager

    Not already using RentProfile for Agents?

    We offer a free trial of our award winning tenant referencing services, sign up here