Rent Guarantee Insurance
RGI covers you against loss of rental income from tenants not paying their rent. It also includes cover for the legal costs if eviction is required. In short, RGI substantially decreases the financial risk of being a landlord.
RGI covers landlords with monthly rental amounts up to £3,000 whose applicants have passed Comprehensive tenant referencing.
For a small one-off fee you can protect your rental income in the event of an issue such as the tenant defaulting on their rent.
Am I Eligible for RGI with OpenRent?
We offer RGI on all properties where all tenants pass Comprehensive referencing.
When you are purchasing insurance for a new or existing tenancy, referencing must have been completed within the last 90 days.
Can I just reference one applicant or selected applicants?
No, all tenants must be referenced or have a guarantor pass referencing in their place to be eligible for insurance.
All tenants who will be living at the property must be named on the tenancy agreement.
You can purchase the insurance here: