![]() ![]() Below the date and tenants address, in bolded and underlined font state your reason for writing the letter. Simply Business provides tenant default cover as an option for your landlords’ insurance policy, but we don’t currently include rent guarantee in our quotes. Establish an intent for your warning letter at the top. It’s often an option you can discuss with a letting agent who specialises in managing the property for you. ![]() It can include cover for properties left unoccupied for a period of time between tenants, as well as instances where the property is uninhabitable due to renovation work, malicious damage, or disasters like fire and flooding. Rent guarantee insurance is a different form of protection. ![]() Among other things, you’ll need to serve a Section 21 or Section 8 notice, or both, to claim on this type of cover. The purpose of the notice to quit is to end the tenancy, so the tenant must actually receive the notice to quit for it to be effective. Tenant default cover is designed to pay you the rent you’re owed if you decide to evict tenants who are behind on the rent. Free Lease Default Letter Templates (Landlord and Tenant) Identify the two parties to the lease agreement Specify the piece of the property concerned Spell. Both of these covers are designed to protect a landlord’s income if their tenant stops paying rent – however, there are key differences which you should be aware of before adding either protection to a landlord insurance policy. Rent guarantee and tenant default cover are often misunderstood as being the same thing.
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