Landlord Insurance

Landlords – now there’s no need to worry about unpaid rent

With landlord Insurance YOUR MOVE can protect your rent payments with low cost Rent Indemnity and Legal Cost Insurance – allowing you to predict your future finances with confidence.

Despite the thorough vetting we always undertake, sometimes unexpected circumstances arise. Unemployment, inability to work due to sickness or marital breakdown can all lead to tenants not paying their rent. The consequences for you, as a Landlord, can be serious.

You could find that:

you're unable to keep up with repayments on a mortgage or secured loan
if you live abroad, you’re left unable to maintain your UK home.

At YOUR MOVE we can help you avoid situations like these

It’s never been easier, with our specially tailored insurance package to guarantee your rental payments. You need insurance to cover your rental income in the event that your tenant defaults in his rental payments. YOUR MOVE recommend that you take out a Rent Indemnity Policy from AVIVA.

The lack of appropriate cover could result in the following:

You will be deprived of rental income during the default period
It will be your responsibility at your cost to chase the tenants for arrears
It will be your responsibility to instruct a solicitor to take court action to evict the tenant and meet all the costs of the action.

YOUR MOVE rent indemnity and legal cost insurance scheme – guaranteed peace of mind

Choose the YOUR MOVE Comprehensive or Premier service and you can take advantage of our complete protection. Exclusively provided by AVIVA, the unique insurance policy covers you, the landlord, against non-payment of rent. What’s more, in the event that your rent is not paid, AVIVA will pay your legal costs of up to £15,000 to recover possession of your property, providing the tenant is in rental arrears.

Benefit now with YOUR MOVE:

Rent guaranteed – the policy will pay you lost rent for up to 6 months of your tenant’s contract, or until your property is re-let (whichever is sooner). For tenancies over 6 months, it will pay until vacant possession is obtained, up to a maximum indemnity period of 6 months.
Legal fees paid – up to £15,000 – includes any legal costs arising from regaining possession of your property from a tenant, providing the tenant is in rental arrears. So you should be able to avoid any sizeable fees.
No claim necessary – the policy will automatically credit your account – you don’t need to take any action. It will even pay out whilst legal proceedings are in force.
Great value – our cover costs just 2.5% of your monthly rent during tenancy. That’s only £15 (plus Insurance Premium Tax at 6%) on a £600 monthly rental – a small price to pay for guaranteed peace of mind. Premiums are tax deductible making the net cost even less!
Hotel accommodation of £100 per day – paid if you previously told us that you wish to move into your property at the end of the tenancy. If your tenant has not vacated by this agreed date and the rental account is in arrears, the policy will pay your hotel accommodation for up to 30 days.
Credit checking and vetting – our detailed checking and referencing means we can keep our premiums at the lowest possible level for you, the landlord.

Landlords Buildings and Contents

Most traditional home and contents policies are not suitable if you are letting your property. We have a range of specialist Landlord Buildings and Contents products, so call us on 0800 801 401 to make sure that you are adequately covered.

Policy Excess

90% of each rental claim is automatically paid with 10% being retained to cover the cost of the policy excess.

Policy Exclusions

This policy can only be used if YOUR MOVE has approved the tenants entering the property.

Terms and conditions apply. This information is a summary only – you must read the policy document before you sign.

Call us on 0800 801 401**

- No forms needed -

It can all be arranged in a single phone call.

** Calls may be recorded and/or monitored for training and data protection purposes.

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