Deposit Replacement Insurance

Give your landlords up to 60% more protection than a traditional deposit scheme based on the cover available and help your tenants move into a property more quickly - providing a benefit to both of your customer segments with just one product.

Thanks for your interest in Goodlord. We don't provide services directly to landlords but we work directly with letting agents up and down the country who utilise our additional products, such as insurance, to create the best renting experience in the world. If you'd like us to put you in touch with a Goodlord agent in your area, please use this form to help us pair you up with an agent that meets your needs.

If you need some help with Goodlord, please visit our Tenant Help Centre in the first instance. If you are unable to find the answer you need, then our Support Team will be on hand to help you.

Want to get in touch with us? Please use this form, or send us an email at info@goodlord.co.

Deposit replacement insurance from Goodlord

Benefits

Nil excess

CLAIMS COVERED UP TO THE EQUIVALENT VALUE OF 1.5 MONTHS OR 2 MONTHS

COVERS ANY BREACH OF THE TENANCY AGREEMENT

COVERS DAMAGE TO PROPERTY, DILAPIDATIONS, AND CLEANING, IF THE PROPERTY HAS BEEN LEFT IN AN UNFIT STATE

APPLICABLE TO ALL TENANTS THAT PASS REFERENCING OR TENANTS THAT PROVIDE AN APPLICABLE GUARANTOR

CLAIMS PAID OUT WITHIN 30 DAYS IF THERE IS NO DISPUTE WITH THE TENANT

Terms and conditions apply, always read the policy wording.

Key features

More protection for your landlords

Offer 1.5 to 2 months' protection to your landlords, instead of the usual five to six weeks from a traditional deposit. Tenants would still liable for any breach in their tenancy agreement and must pass referencing to be eligible for this service - ensuring your landlords have extra peace of mind.

Faster move-ins

Your tenants can move in faster when paying the smaller one-off fee for a Deposit Replacement service instead of the large sum involved in a traditional deposit. You’ll reduce the amount of time a property could be vacant and save your landlord money.

Fair, comprehensive and independent claims process

Independent and impartial third-party adjudicators will review claims and disputes and determine the outcome.

A deposit alternative you control

The product is white labeled and owned by you, the agent, providing you with control and oversight - tenants can’t cancel the service without your agreement.

If it wasn't for Goodlord we wouldn't be offering insurance services. Goodlord has made it easy for us. Everything’s on one platform, and the policies offered are second to none.

Alex Chapman - Anthony Lettings

Frequently asked questions

Check out our blog for an explanation about what these schemes mean for agents, tenants and landlords.

No. You must provide tenants with a traditional deposit scheme as standard. The Deposit Replacement scheme can only be offered as an alternative to a traditional deposit scheme, not in place of.

If the claim is undisputed, the claim will be paid out within 30 days. If it’s disputed by the tenant, it’ll be referred to our independent claims specialists who’ll manage the resolution process.

As it is the agent taking out the policy, the policy will be in the agent’s name.

Discover why Goodlord is in a league of its own

Book a no commitment call and find out how Goodlord will:

Save you hundreds of hours of admin time
Grow your agency without growing your headcount
Let you say goodbye to dealing with multiple suppliers
Maximise conversions on revenue-generation products
Reduce costly compliance risks to your business
Help you win more landlords with exclusive insights

Thanks for your interest in Goodlord. We don't provide services directly to landlords but we work directly with letting agents up and down the country who utilise our additional products, such as insurance, to create the best renting experience in the world. If you'd like us to put you in touch with a Goodlord agent in your area, please use this form to help us pair you up with an agent that meets your needs.

If you need some help with Goodlord, please visit our Tenant Help Centre in the first instance. If you are unable to find the answer you need, then our Support Team will be on hand to help you.

Want to get in touch with us? Please use this form, or send us an email at info@goodlord.co.

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