As a landlord, you’ve probably heard the phrase: “Make sure you’re insured.” And while that’s solid advice, it only tells half the story. Yes, landlord insurance is essential. It protects your property from major disasters like fire, flood, and structural damage. But here’s the truth most landlords overlook: insurance alone won’t shield you from the everyday risks and income gaps of being a landlord.
Let’s break it down.
Step 1: Know What Landlord Insurance Actually Covers
Landlord insurance is designed to help you recover financially from events like:
- Fires, floods, and natural disasters
- Accidental or malicious damage by tenants
- Liability claims (if someone gets injured on your property)
- Loss of rent if the property becomes uninhabitable due to a covered event
Sounds good, right? But here’s where it gets tricky…
Step 2: Understand What It Doesn’t Cover
Even the best insurance policy has limits. Most policies won’t cover:
- Missed rent payments by tenants
- Void periods (when the property is empty)
- Legal costs for evictions
- General wear and tear
- Property management tasks
This means you could still be out of pocket even with a valid insurance plan.
Step 3: Why You Need to Review Your Policy Regularly
Your insurance should evolve as your property does. If you’ve renovated, changed tenants, or added value, your current coverage might not reflect your property’s actual worth or risks.
Reviewing your policy annually ensures:
- You’re not underinsured
- You’re still covered for legal changes
- You spot gaps in your protection before they cost you
⚠️ And here’s a crucial point: if you don’t have the right documentation in place—like gas safety certificates, EPCs, or tenancy agreements—many insurance companies will look for any reason to deny your claim.
That’s where having a reliable management partner becomes invaluable.
Step 4: Where ABC Gone Comes In: Guaranteed Rent = Extra Protection
This is where ABC Gone’s Guaranteed Rent program gives landlords a game-changing advantage.
Here’s how:
- ✅ You get paid every single month – even if the tenant doesn’t pay or the property is empty
- ✅ We provide vetted, professional tenants – lowering the risk of damage or defaults
- ✅ No chasing rent. No legal hassle. We handle it all
- ✅ You get full property management – from maintenance to compliance
- ✅ We keep all required documents up to date, so you don’t have to worry about compliance issues or claims being rejected
Think of it as an extra layer of financial security on top of your insurance—without the paperwork, stress, or risk of being caught out by the fine print.
Step 5: Combine Insurance + Guaranteed Rent for Full Peace of Mind
Landlord insurance covers the “big disasters.” ABC Gone covers everything else:
| Risk | Insurance Covers | ABC Gone Covers |
|---|---|---|
| Fire or Flood Damage | ✅ | ❌ |
| Missed Tenant Payments | ❌ | ✅ |
| Void Periods | ❌ | ✅ |
| Legal Costs for Evictions | ❌ | ✅ |
| Property Maintenance | ❌ | ✅ |
| Monthly Rent Consistency | ❌ | ✅ |
Final Thoughts: Secure Your Property, Protect Your Income
Landlord insurance is your safety net. ABC Gone’s Guaranteed Rent? That’s your peace of mind.
With us, your rent is guaranteed, your documents are always compliant, and your investment is fully managed from start to finish.
Want stress-free property ownership with zero voids, guaranteed income, and full management?
📢 Book a free consultation with ABC Gone today. 📧 info@abcgone.com | 📞 02085 530645
What’s the difference Between Guaranteed Rent and an Insurance Company?
If you’re a landlord with a property in London or Essex, our ABC Gone scheme might be the right one for you. We guarantee your income whether or not the property has a tenant, and whether or not they pay the rent. We deal with professional tenants, manage all repairs and maintenance for you and we promise there will be no fees or hidden extras. Plus, we can have your contract up and running in as little as seven days. Find out more about the scheme.
