Rent Coverage
Protect your rental income against defaults for up to the entire lease term.
Protect your rental income against defaults for up to the entire lease term.
Offer an affordable alternative to residents with damage protection you can trust.
If we find applicants eligible, they’ll pay us upfront. You pay us nothing and are covered.
You choose the amount of coverage your unique properties need.
Conditional or denied applicants can apply for coverage through us.
If we find applicants eligible, you can give them the keys with confidence.
They’re on-call, handling requests and guiding residents to avoid default in 6 languages.
Use our return calculator to get a sense.
Rent Coverage opens doors to renters who may not otherwise qualify, improving owners’ and operators’ lease conversion all while mitigating their risk of default, minimizing bad debt, and improving their NOI. It serves as an insurance policy: if a renter defaults on their lease, the Rent Coverage covers owners and operators for the missed rent. This way, operators can lease with confidence and renters access the apartment of their dreams.
Renters do. The price is determined after underwriting in accordance with rates filed and approved by the regulators. Our Rent Coverage is a type of insurance policy that covers someone (the landlord) other than the person who buys it (the renter).
It’s easy. Contact us at moreinfo@theguarantors.com and we'll get you signed up. There is no cost or commitment. We can provide more hands-on training if you'd like, but that's up to you. We’ll be your dedicated partner every step of the way.
The policy covers the term of the lease, up to 36 months, depending on our filings in your state.