A Lease Guarantee opens doors to renters who may not otherwise qualify, improving your lease conversion all while mitigating losses due default, thereby minimizing bad debt. A Lease Guarantee policy can include Rent Coverage only or both Rent & Deposit Coverage.
Rent Coverage covers up to a certain amount of missed rent. That means, depending on the bond you elect to require, rent for a certain amount in arrears and rent going-forward, until you find a new renter (but not concessions or penalties).
Deposit Coverage, a security deposit alternative, covers certain damages, utilities, legal fees, and late fees.











