Rent Guarantee Insurance (RGI)

Rent Guarantee Insurance (RGI) protects landlords against loss of rent. It’s also known as Legal Expenses & Rent Guarantee Insurance (LERG). Many landlords consider it an essential insurance policy

The insurance policy is most commonly relied upon when tenants fall into arrears and are unable to pay rent, or simply refuse to pay rent (for whatever reason). If that happens, you can reclaim the money through the insurance company (or at least a percentage of it, depending on the terms of your policy).

Most policies also provide legal expense coverage. For example, if you’re dealing with a tenant that falls into arrears and refuses to vacate, legal expenses to evict the tenant incur, especially if the matter escalates to court and bailiffs are required.

Landlord Rent Guarantee Insurance (RGI) Companies
SupplierRatingPriceDetails
Rating

4.5

feefo Reviews
Price
*£199Inc VAT
details

  • Rent Guarantee & Legal Expenses Insurance
  • No COVID-19 Restrictions
  • Maximum of £15,000 Rent coverage
  • Maximum of £25,000 Legal costs coverage
  • Payable by monthly installments
  • Optional excess
  • 24/7 legal helpline
More details
Rating

4.9

TrustPilot Reviews
Price
*£235**Inc IPT
details

  • Landlords Rent and Legal Protection
  • 75% of Rent covered for up to 8 months
  • Options for 6 or 12 months’ cover (*£235 is for 12 months cover, *£210 for 6 months)
  • Maximum of £15,000 Rent coverage
  • Maximum of £25,000 Legal costs coverage
  • 1 months rent excess to pay
  • Payable by monthly installments
  • Policies available that accept Housing Benefit tenants

**IPT is Insurance Premium Tax and is charged at 12%.

*Use exclusive discount code PIPLANDLORD for special rates.

Call for more info: 0344 567 4001
Rating

4.7

feefo Reviews
Price
*N/A
details

  • Covers Legal Expenses & Rent Guarantee
  • Legal costs relating to eviction (up to £25,000)
  • No restriction on tenant type
  • Options for 6 or 12 months’ cover
  • Maximum Rental Amount per month is £10,000
  • No excess option available

*visit website for a custom quote.

Get Quote

Please note, I try my best to keep the information of each service up-to-date, but you should read the T&C’s from their website for the most up-to-date information.

Popular Landlord Categories