Insurance backed protection
Cover starting from £15,000 for legal advice and representation in a dispute with the students landlord.
Protection you can trust
Insurance built for student guarantors
Standing as a guarantor is generous. But a student tenancy can make you responsible for the whole house, not just the person you're helping.
- Three levels of affordable cover to suit you
- Available in England, Scotland and Wales
- Policy documents sent straight away
Shared student tenancy
Cover up to
£50k
What most guarantors don't realise
Here's the part of the contract most people don't know about.
When you sign a guarantor agreement for a student shared tenancy, you're not just guaranteeing your son, daughter, relative or friend. You're almost certainly agreeing to something called joint and several liability.
In plain English, that means if any tenant in the house stops paying rent or causes damage, the landlord can choose to pursue any one guarantor for the full amount. Not just their share. All of it.
You probably don't know the other tenants or their guarantors. In a dispute, whoever appears most able to pay could be the one who gets chased, even if your tenant did nothing wrong.
Student guarantor liability calculator
See how the your liability as Guarantor can add up.
Use the sliders to enter individual monthly rent and the total number of renters.
Depending on the wording of the tenancy and guarantee, joint-and-several liability may mean your exposure can extend beyond your student's individual share of rent, and also to any damages in the property whichever renter causes them.
Your student's rent
£7,800
Total rent under the joint tenancy
£39,000
While there's no way to estimate potential damages, if these costs exceed the deposit and you are jointly and severaly liable, you are potentially liable for these costs too. This is an illustration, not legal advice. Your actual position depends on the tenancy agreement, guarantee wording and policy terms.
How Guarantor Insure helps
That's exactly why we created this policy.
Guarantor Insure was founded after standing as a guarantor for our own children's student tenancies. We discovered this risk firsthand, then built the policy we wish had existed.
Our cover is designed for private individuals guaranteeing a student tenancy in England, Scotland or Wales under a joint and several liability agreement.
If a dispute arises, the Student Guarantor Protection policy is designed to help protect your legal and financial position as guarantor.
Buy nowWhat's covered
Real protection. No small print.
No surprises.
Here's what you get when you take out a Guarantor Insure policy.
Rent and damage claims
Protection against unpaid rent and damage claims, subject to policy terms.
Simple claims process
Expert claim support including dispute resolution and legal cover.
Access to a legal helpline
Practical support when you need reassurance about the situation you're facing.
How it works
Get covered in three simple steps.
1
Review your cover
Check the policy wording so you know exactly what you're protected against.
2
Complete the application
Fill in the simple application and select the cover level you need.
3
Pay and you're done
Your policy documents are emailed straight to you.
About us
We get it. Because we've been there.
We understand from firsthand experience just how daunting it is to sign a tenancy contract that makes you joint and severally liable. That's why we created Guarantor Insure: to provide peace of mind for guarantors of shared tenancies.
Specialist cover built specifically for shared tenancy guarantors
Regulated by the Financial Conduct Authority
Available for guarantors in England, Scotland and Wales
UK-based team
Contact
Got a question? We're happy to help.
Our team understands this inside out because we've been through it ourselves. Whether you're unsure if you need cover or just need reassurance, use the webchat or drop us a message.
