Summary
The costs of being a landlord are ever-increasing and it’s tempting to shave a few pounds off the bottom line whenever you can. But is skipping rent guarantee insurance the way to do it? It certainly comes with its risks.
Rent guarantee insurance offers financial protection to landlords in case the worst happens. But how likely is it? Are there cheaper options? And what exactly is the financial protection you get from having insurance?
In this article, we’ll explain what rent guarantee insurance is, what it covers, and the pros and cons of investing to help you decide whether it’s an essential spend for you.
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