How to prevent your tenant from falling behind in rent – Tip 7

Get landlord insurance

How does getting landlord insurance reduce the chances of your tenant paying late?

Fair question. But it’s always the ones who don’t have landlord insurance who need it.

Most good policies have a $0 excess for rent arrears meaning you don’t need to pay anything to claim loss of rent (that you tenant never paid). This is providing you have minimised your loss as much as possible (which is following this exact guide).

Check outEBM,Terri Scheer, andAonfor landlord insurance.

These steps are the most important things you need to do to prevent your tenants from falling behind in rent and making rent their number one priority when finances get tight.

PS: Don’t tell them flat out that their rent should be their number one priority. It might come out the wrong way and they could get offended. Let your actions speak louder.


Check out the next blogs on What to do if your tenant starts falling behind in rent


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Jason Gwerder
Thursday, 27 August 2020

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