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.
- More Tenants
Improve leasing velocity by up to 25%
- Stronger Rent Roll
Reduce your bad debt up to 70%
- Less Risk
Increase protection 6X - 12X
Flexible, full-powered insurance products
We operate seamlessly
If we find applicants eligible, they’ll pay us upfront. You pay us nothing and are covered.
- 1
Customize
You choose the amount of coverage your unique properties need.
- 2
Invite
Conditional or denied applicants can apply for coverage through us.
- 3
Approve
If we find applicants eligible, you can give them the keys with confidence.
Don’t take our word for it
Claims, mitigation, and customer success teams
They’re on-call, handling requests and guiding residents to avoid default in 6 languages.
- resident satisfaction rate
- 95%
- operator retention rate
- 99%
- experts on-call
- 120+
How much could we grow your business?
Use our return calculator to get a sense.
Find out how to reach your goals
If you’ve got more questions, we’re ready with answers
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.