Non-payment of rent insurance for owners
The best way What owners have to be calm when they put their flat up for rent is by taking out rent non-payment insurance.
Our rental insurance for landlords covers non-payment of rent, offers advice to the owner on any problem related to the lease or tenants and covers all legal expenses related to the rental.
It is a legal defense insurance that protects the owner against any problem that may arise with the rental of their home, from non-payment to a disagreement with the tenant about who should pay for a repair. The costs of lawyers, solicitors or fees are guaranteed and, in addition, in the event of a non-payment of rent, InfoTerra Inmobiliaria advances the unpaid rent while the case is being processed.
Apart from assuming the monthly payments, InfoTerra tries to mediate with the tenant from the first month that he stops paying, warning him of his obligations. And, in situations in which it is not possible to reach agreements, the judicial machinery is put into operation, totally free for the owner.
If an eviction ends up being processed, the policy will also compensate for acts of vandalism and for the payment of expenses caused by cleaning the home.
What price does it have?
Don’t worry, it will only cost you 5% of the monthly rent. And it will be covered forever.