According to the rental technology platform, demand for rental insurance products increased 41% between September 2025 and December 2025.
This big jump in demand coincided with the Tenants’ rights bill secures royal assent on October 27, after years of parliamentary wrangling.
Oli Sherlock, Insurance Director at Goodlord, said: “The passing of the Bill has really captured the attention of the entire sector.
“There have been so many false starts over the years that it took Royal Assent for many agents to really step up their preparations. We saw an absolute explosion in demand for tenancy protection once the bill went through its final stages; it was as if a huge alarm had sounded across the market.”
In an additional survey of 234 letting agents and landlords carried out by Goodlord in recent weeks, more than three-quarters of all respondents said the law had increased their chances of taking out insurance.
Meanwhile, 11% said their position was unchanged. And only 1% said they were less likely to buy insurance as a result of the Renters’ Rights Act.
The law will be fully implemented on May 1 and will bring a range of new rules for the private rental sector.
It includes the abolition of so-called ‘no-fault’ evictions (section 8), meaning landlords who want to evict tenants from properties must undergo a more complicated process to do so.
Tenants will be able to officially appeal rent increases, and agents will no longer be able to request more than one month’s rent in advance, which is only legally due on the first day of the lease.
Industry professionals are concerned that this will lead to lengthy court delays around evictions, protracted rental disputes with tenants and last-minute lease cancellations.
According to Goodlord, rent protection insurance typically covers agents and their landlords in the event that tenants miss or withhold rental payments, as well as additional expenses such as legal fees and property damage.
“The law is bringing a lot of change and the market is recalibrating accordingly,” Sherlock added.
“Many of the top causes of concern – whether it’s court backlogs, tenant staring or disappearing – may not materialize in the volumes some predict, but agents and their landlords clearly don’t want to take any chances at a time of such market uncertainty.”