Unpaid Rent Guarantee
A tenant who stops paying means one less rent payment every month, plus legal costs on top. The Unpaid Rent Guarantee covers the missed payments and handles recovery on your behalf.
What it covers
Unpaid rent and charges
As soon as a missed payment is confirmed, the insurer compensates the rent and charges owed, month after month.
Legal procedure costs
Formal notice, court proceedings, bailiff fees: recovery costs against the tenant are covered.
Litigation and eviction costs
If the dispute goes as far as eviction, the corresponding legal costs are also covered.
Tenant damage (optional)
Some policies also compensate damage caused by the tenant, beyond the security deposit.
What it does not cover
- Rent already unpaid before the policy was taken out is not guaranteed.
- A property let without meeting the affordability ratio or solvency criteria required at subscription may be excluded.
- Disputes linked to a property that doesn't meet decent-housing standards are not covered.
Who is it for?
You let a residential property
Rent makes up a share of your income that a missed payment can quickly threaten.
You manage several rental properties
A default on one unit shouldn't jeopardise the financial balance of your whole portfolio.
You want to let without a personal guarantor
This cover replaces a guarantor by protecting the landlord directly.
Frequently asked questions
Does the tenant need to meet criteria to be covered?
When does compensation for unpaid rent start?
Can I combine it with a personal guarantor?
How long does it cover unpaid rent for?
These coverages often go together
Your program deserves to be calibrated to your reality.
One conversation is enough to identify your gaps and offer something better.