Rental Loss Insurance
Renting property is an excellent income opportunity, but the risks involved can compromise your peace of mind and financial stability. Rental Loss Insurance is the ideal solution for landlords who want to protect their properties against defaults by tenants, damage to the property and legal disputes. With this policy, landlords ensure their financial stability and their rights as landlords.
The insurance covers include protection against non-payment of rent. In the event of default by the tenant, the insurance guarantees compensation for rent arrears. The insurance also includes legal defense, with specialized assistance in disputes directly related to the rental contract.Thissafeguard covers the defense of criminal liability as a landlord, claims for damage caused to the rented property and breaches of repair and maintenance contracts.
Another benefit of Rental Loss Insurance is coverage against acts of vandalism or theft. If the tenant causes damage to the property, such as destroying doors, windows or other structural elements, the insurance covers the repair costs, provided there is a claim indemnified by the loss of rent guarantee. Besides, the assistance service gives the landlord access to a wide network of qualified professionals, such as plumbers, painters or locksmiths, to quickly resolve any problems in the property.
GUARANTEES
- Guaranteed payment of rents not paid by the tenant for up to 12 months;
- Legal defense in cases of eviction, claims for property damage and breach of contract;
- Coverage for acts of vandalism and/or theft caused by tenants in the rented property, as long as there is a claim indemnified by the loss of rent guarantee;
- Technical assistance from qualified professionals to solve problems in the property, such as urgent repairs or maintenance;
- Legal advice over the phone.
