Non-payment of rent insurance what it
Do you want to rent your apartment safely? The best option is to take out rent non-payment insurance so you don’t have to worry about everything. We know that when renting a home, you have to take many risks and that generates many doubts. What if the tenant stops paying? What if he destroys the home? All these doubts disappear the moment you take out your non-payment insurance. At Housfy Rentals we have a team of experts who will be in charge of managing all incidents that may arise. Renting an apartment safely has never been so easy! We tell you everything. Rent your apartment and forget about worries 0% late payment. We take charge if the tenant does not pay. GET INFORMED FOR FREE Non-payment insurance: What is it? Renting a home involves a large number of procedures and procedures that you must take into account.
What is non-payment insurance and what does it cover?
To understand what rent non-payment insurance is, it is important to know what it covers. Next, we will see what the main benefits of hiring it are: It covers you against non-payments. The main objective of this insurance is to pay you when the tenant stops doing so. In this way, you will enjoy greater peace of mind, since you will receive the income from your rental. You will Bangladesh Email Lists be able to ensure monthly rents even if the tenant does not pay them. Helps you choose a tenant. In many cases, one of the insurer’s conditions is to study the tenant’s profile to prevent risks. They help you choose the person to whom you rent your home. Therefore, there are a series of requirements that the tenant must meet. Offers 24-hour assistance. By this we mean that the insurer in many cases also covers all unforeseen events related to the home, as well as locksmithing or plumbing. Legal assistance. In some cases, legal advice is necessary.
Is it mandatory to hire it?
Now that you know how to ensure the collection of rent, you should also know that it is not mandatory . It is the most recommended option as long as you want to protect your home, however, there is no law that forces you to hire it. This policy is regulated by the Urban Leasing Law ( LAU ). Difference between non-payment rent insurance and bank guarantee On the one Switzerland Email List hand, non-payment insurance for rented housing is the policy contracted by the owner with the objective of ensuring the collection of the agreed monthly rents. If the tenant stops paying, the insurance company will pay. On the other hand, when we talk about the rental bank guarantee we are referring to the agreement between the tenant and the bank to guarantee payment. That is, the bank guarantees, before a third party, that the client will pay the fees.