Safeguarding Commission and Client Trust: Why Every Letting Agent Should Offer Rent Guarantee Insurance

Source: www.assuredprotect.com/rent-guarantee-insurance

Why Rent Guarantee Insurance matters for letting agents

As a letting agent, your recurring management fees depend on one thing above all: the landlord receiving rent on time. When tenants default, it doesn’t just affect the landlord — your agency’s cash flow and credibility take a hit too.

With economic uncertainty rising, court delays extending, and the new Renters’ Rights Bill set to tilt the balance further toward tenants, arrears protection has become mission-critical. Rent Guarantee Insurance (RGI) gives both you and your landlord clients a buffer against that instability.It’s not just another add-on; it’s a commission continuity tool.

How Rent Guarantee Insurance protects your business

• Safeguards your management income: If rent stops, many agents’ commission stops too. With RGI, the insurer continues to pay the rent (usually for up to 12 months), meaning your management fee can keep flowing while the arrears are resolved.

• Strengthens landlord retention: Offering RGI through your agency positions you as a proactive risk manager rather than just a rent collector. Landlords remember the agent who kept their income safe — especially when their friend’s agent didn’t.

• Reduces disputes and emotional fallout: Arrears often sour relationships. With RGI, the financial stress is removed. The landlord feels supported, and you can focus on managing solutions, not arguments.

• Legal protection for you and your client: Most RGI products through Assured Protect include legal expenses cover for eviction proceedings. That saves the landlord thousands and ensures cases progress without delay — reducing your administrative burden.

• New revenue and marketing opportunity: By integrating RGI into your onboarding or renewal process, you create a new service line with commission or referral potential. It’s also a marketing differentiator: a tangible offer that sets your agency apart in a crowded market.

Introducing Assured Protect Rent Guarantee Insurance

Website: www.assuredprotect.com/rent-guarantee-insuranceAssured Protect specialises in low-cost, flexible rent guarantee solutions for landlords and agents. They are not tied to any single insurer, offering a broad panel to find the best policy for each client.

Their policies can cover up to £3,000–£5,000 per month rent, with prices typically starting around £12–£20 per month. Legal expenses are often included, and portfolio cover is available.

Sample Costings and Options

Option	Premium (Annual / Monthly)	Term	Monthly Rent Cover	Key Features
1	£250 / £20.83	12 months	£2,500	Standard cover, up to 15 months (3 m @ 75%, then 12 m @ 100%)
2	£170 / £14.17	6 months	£2,500	Student lets accepted
3	£192 / £16.00	12 months	£2,500	Portfolio option
4	£143.36 / £11.94	12 months	£2,500	Budget 12-month cover
5	£183.04 / £15.25	6 months	£2,500	Broad insurer range
6	£141.04 / £12.64	12 months	£3,000	Higher-rent protection
7	£177.34 / £14.78	12 months	£2,500	2-month excess + Legal Cover
8	£216.94 / £18.08	12 months	£2,500	1-month excess + Legal Cover
9	£238.27 / £19.86	12 months	£2,500	Nil excess (day-1 cover) + Legal Cover
10	£392.45 / £32.71	12 months	£5,000	Premium option for higher-rent homes

How to integrate RGI into your agency workflow

1. Introduce it at instruction or renewal: Position it as part of your “responsible management package.”

2. Bundle it with referencing: Since most policies require tenant checks, this fits naturally after referencing approval.

3. Offer it as a choice: Give landlords the option to opt in or out formally — ensuring informed consent and compliance clarity.

4. Train your team: Make sure staff understand the benefits for both landlord and agency income stability.

5. Promote it visibly: Add it to your landlord packs, website, and new instruction scripts.

The agency-level benefits

Challenge	Without RGI	With RGI
Tenant stops paying	Landlord blames agent; you lose fees	Insurer covers rent; agent retains credibility
Eviction takes months	No income during process	Policy covers rent & legal costs
Landlord retention	At risk after arrears incident	Strengthened through protection
Cash flow	Commission dries up	Commission continues from insured rent
Marketing value	Generic service offer	Differentiated, professional, risk-managed offer

Conclusion: Protect both sides of the rent relationship

Rent Guarantee Insurance through Assured Protect is not just a safety net for landlords — it’s an income stabiliser for letting agents.In a market where arrears, regulation, and legal delays are increasing, the smart agent builds resilience by ensuring every managed tenancy has the option of rent protection in place.

Visit www.assuredprotect.com/rent-guarantee-insurance to review policy options, costings, and apply directly — or contact their team for support in integrating RGI into your agency offering.