What if your tenants can’t pay the rent?

Even if you make sure that your tenants undergo rigorous referencing checks, anything can happen to them – such as being made redundant or facing a serious injury or illness – which could affect their ability to pay their rent on time. Rent defaults can be a serious problem, which is why Rent Guarantee insurance may be an appealing option to ensure that you are covered should you find yourself with unpaid rental income.