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Guaranty or Guarantee of Payment of Rent Pennsylvania Form

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Guaranty or Guarantee of Payment of Rent Pennsylvania Form

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[Music] we are back for another talk about it tuesday and it's real interesting as the economy continues to slide i see people are more and more concerned with how to protect the things that they have so this is a very interesting insurance question is guaranteed rent insurance money well spent so let's talk about guaranteed rent insurance because i'm sure most people have not heard of it at all um it's relatively new it's something that actually started in the uk and has made its way to america and it's suddenly becoming um very popular because landlords are afraid as we go into this economic downturn that people will not be able to pay rent so what is it it's just what it sounds like if your tenant is unwilling or unable to pay their rent an insurance company will then cover the cost of the rent um and sometimes cover the cost of finding a new tenant and cover the cost of eviction so it sounds reasonable um it seems to make sens

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