Insurance coverage d'eventuals unpaid rental income

The insurance of non-payment of rental income is an insurance policy that guarantees the owner of a house payment of the rental income in the event that the lessee ceases to do so. Depending on the insurance company guarantees from Dotz to six months, with or without franchise, which tends to be a month.

The insurance coverage can include the perception of the amount of rental assistance to the owner in order to effect regain possession of the property as soon as possible, up to the legal defense by counsel and attorney in judgments of eviction for nonpayment of rent and similar items. It may also include compensation for damage to vandalism or theft of rented housing tenant.

It is a product that advised the contracts given the current real estate market situation and the duration of court proceedings aimed at evicting the tenant defaulting and get possession of the house sooner the better.