Land Lord Rent loss insurance!?

[Maurice Smith]

Bp,

I was listening to a  Re pod cast a couple days ago. the topic was  Landlord Rent Guarantee Insurance.  My regular insurance policy covers rent loss, but only in the event of a catastrophic occurrence  ( fire , flood, etc). 

This insurance seems different though , they claim to guarantee your rent is paid even if your tenant defaults? My properties  are in  landlord friendly states were a evection process isnt really a problem ( 10- 30 days to get a tenant removed if the landlord files first in most cases ), but this could be major in states like CA were it can take up to 6 months to remove a non paying tenant. Not to mention the new rent control laws they passed that makes it harder now to evict a bad tenant. (applies to mfh owners  or sfh owned by big corp ) Why is this not being talked about?  Has any body heard of such a thing? is it legit? is it worth it?