Letting Agent – Insurance Services 

What is Rent Guarantee?

Legal & Rent Guarantee is a great way for Letting agents to offer their landlords an enhanced service, while also earning an increased income and taking care of regaining possession of your landlord’s property should the tenant default on their rental payments.

Should your tenant default on their rental payments, the costs associated with legal fees and missed rental payments can run into the thousands.

By offering your landlords Rent Guarantee in your service not only will you be able to maintain the landlord’s rental payments but also have the legal costs covered up to £100,000 to help with section notices, eviction, and professional legal advice.

Policy Cover

• Nil Excess
• £100,000 Legal Cover
• Rental payments up to £5,000 a month for a maximum of 15 months
• Vacant Possession cover at up to 75% of the rental amount for a maximum of 3 months.
• Section Notices Served
• In House Claims Service
• 60-day claim reporting period
• Manage your policies online (Purchasing, Renewing, Documents, Claims)
• Backed by one of the UK’s largest insurers Aviva

As well as providing Rent Guarantee Insurance Alan Boswell Group also provide award winning, Price Beat Guarantee Landlords Insurance.

Being an introducer of our insurance products provides benefits, including a potential to earn an extra income revenue for your business as well as offering your clients access to some of the industry’s most widely regarded insurance products.

Alan Boswell Group’s landlord products are five-star-rated and automatically include:

• Malicious damage by tenant (including cannabis farms)
• Accidental damage cover
• Cover while a property is unoccupied for up to 90 days
• The cost of rehousing your tenant following damage
• Reimbursement for loss of rent following damage

Help your tenants in ensuring their possessions are protected from loss and damage, in addition to protecting their liability against the landlord’s fixtures and fittings that they may be responsible for.

By recommending to your tenants to purchase contents insurance from as little as £75.00 a year, tenants can get peace of mind, knowing that should an incident happen to their possessions or the landlords fixtures and fittings they will be covered to rectify the event without needing to lose their deposit.

Cover includes as standard:

• Tenants’ liability £10,000
• Contents from £7,500
• Malicious Damage, Theft, Fire

Options to include:

• Accidental Damage
• Pedal Cycles
• Legal Expenses

Alan Boswell Group would love the opportunity to not only provide insurance services for your Landlords and Tenants but also yourself and your business also.

When renewing your business insurance make sure that you have the cover you need.

Covers provided include

• Property Insurance
• Public & Employers Liability insurance
• Fleet Insurance
• Directors & Officers
• Professional Indemnity
• Cyber Insurance

Tenants in Situ – Rent Guarantee Eligibility

Our Rent Guarantee policy can be extended to tenants in situ (existing tenants), subject to the following:

When are tenants in situ eligible?

A tenant may be accepted without a new full reference where all of the following apply:

• The tenant has been in occupation for 12 months or more
• Rent has been paid consistently, with
  – no missed payments, and
  – no arrears exceeding 31 days at any point during the last 12 months
• Any rent increase (if applicable) is no more than 10% of the amount covered in the original reference

Where rent & legal protection has been purchased on tenants currently in-situ there will be a 60 day exclusion period.

Please contact This email address is being protected from spambots. You need JavaScript enabled to view it. if you want more information.