Above & beyond the security deposit
When a tenant stops paying rent, you continue to pay mortgage and taxes while searching for a replacement. The security deposit is helpful, but with money going out and no rental income coming in, the situation can turn into a cash flow nightmare.

Introducing Aon Rent Protect: The new way to insure against rent default
This new insurance solution is specifically designed with residential landlords’ cash flow needs in mind. With Aon Rent Protect, you can recover up to six months in lost rent, plus up to $1,000 for legal expenses such as attorney fees to assist with the eviction process.

Designed with ease of use in mind
With our streamlined, online process, you’ll be amazed at how easy it is to get your Aon Rent Protect policy started, and how quickly you’ll be paid. With our secure online application process, it takes only minutes to apply and pay with your credit card.

Coverage and Pricing

Event Policy Limit Legal eviction of the tenant following a court order (tenant mounts a legal fight) Up to 6 months Tenant stops paying rent owed and has been issued with the appropriate notices Up to 6 months Departure without notice Up to 3 months Hardship of a tenant - the tenant obtains a court order cancelling the lease agreement Up to 3 months Death of a sole tenant Up to 3 months Legal expense limit $1,000

Rental Band (per month) Annual Premium Up to $1,200 $250 $1,201 - $1,600 $290 $1,601 - $3,000 $425 $3,001 - $5,000 $650 $5,001 - $8,000 $950 $8,000 or higher On Application Currently filed and approved in Live now: DC, PA, CO, CA, OH Live in 1/2012: AR, WI, RI, AZ, TN, ID, MI, KY, UT, IA, NC, WV and KS Outstanding approvals in WA, TX, FL and IL Filed (not approved) in all other states other than: NY, VA and ME.

Tenant check conditions:

• If a tenant has been in the property for less than 12 months and the landlord did not obtain a tenant check, from a recognized tenant checking company, and achieve the equivalent of a 'pass' rating then the landlord must obtain a current tenant check.
• If the tenant has been in the property for over 12 months and has had no default instances, then a tenant check is not required.