Rentguard launch Tenant Liability Insurance product

Rentguard have expanded their range of specialist landlord insurance products to offer Tenant Liability Insurance to insurance intermediaries and letting agents across the UK.

Underwritten by leading UK insurer Ageas, this great value policy covers accidental damage by the tenant to the property and the landlord’s fixtures and fittings.

It also covers the cost of repair following accidental damage and loss, or damage to fixed water pipes and tanks.

The cover includes household goods, valuables and belongings including money up to £750 and credit cards up to £1,000 within the rented property.

Alternative accommodation can also be provided if the property is uninhabitable as a result of loss or damage.

Additional significant features include replacement of locks if the tenant’s keys are stolen or lost, cover for loss of oil and metered water and alternative accommodation, which is available if the home is uninhabitable as a result of loss or damage.

It also covers the tenants’ liability to the public of up to £2,000,000.