Rent Guarantee Insurance(RGI)

Landlord Discussion
1

Hi,
I’m new to this and looking to rent out my property.
I have seen the advertising options £29/£49(inc other platforms).
Do any of these come with Rent Guarantee Insurance, and if not - does anyone/open rent have contacts details for the service provider they use for RGI.

Thanks,
Robert

2

no insurance with that price !!

1 Like
3

Thanks. Are their RGI options on the site or can someone recommend an insurance co, they’ve used.

R

4

at the moment you really need to shop around. i have never had, or needed RGI so can make no reccomendations

5

Hi I’m new here and this guarantee is also mentioned by these guys https://propertyloop.co.uk/become-owner/overview what is the difference? Websites also look similar… I understand that this protects against arrears? Or does it not?

6

You may be expecting too much of RGI. I understand that most providers aren’t taking new business or are excluding covid related losses. Most experienced landlords I know are, like me, sceptical about this type of insurance anyway.

1 Like
7

the protection against arrears is not worth the paper its written on . Use your own common sense in choosing a tenant and do not rush the job… Check, check ,check every time

8

Thanks, 100% agree checks are always vital