Tenant default insurance

In the rental market, security and confidence are essential for landlords, agencies and tenants alike.

Amid a rental market plagued by limited supply and soaring prices, idealista is introducing an innovative rental insurance policy for tenants. The plan covers up to 12 months of unpaid rent, along with water, electricity and gas bills, should the tenant be unable to pay. It also includes legal expenses related to eviction proceedings or claims for outstanding amounts, offering comprehensive protection in uncertain times.

When you decide to rent a property, the big question always arises: How can you protect yourself against possible non-payment or damage caused by the tenant? This is where tenant default insurance comes into play – a tool that protects landlords. But who pays for it, the tenant or the landlord?

If you are renting out your property in Spain, being insured is, without a doubt, the only way to have peace of mind, and the best way to have peace of mind is to take out rental default insurance.