How it works
Not everyone qualifies for lease guarantee. When we get their full credit results, they will be approved if they qualify. However, some of the tenants may still fall below your requirements. We want to open your doors to these tenants that are willing to purchase an insurance policy to rent with you, meaning they purchase the insurance for you, the beneficiary. You will be covered up to $2500 for damage, evictions and other aspects of renting. This is a win-win. If you select this as an option while creating your listing, these members will see your properties in a different color on the map, knowing they must purchase the policy before renting. They will apply with you and if you accept them, they will instantly be asked to pay for the policy. When the transaction is complete both parties will receive emails confirming the policy purchase and details will be sent to you directly. Renting couldn’t be easier!
Fill Vacancies Faster
Don’t waste time or money waiting for the best tenant. LeaseGuarantee eliminates your risk. Some landlords ask tenants with lower credit scores to purchase LeaseGuarantee as an additional move-in requirement. This is better than asking for a larger security deposit or cosigner because you’ll get more protection and your tenant will pay less out of pocket.
Request for reimbursement is easy to file. Just submit a copy of the court judgment, lease agreement, and rental application. No deductibles required! You’ll get reimbursed quickly without having to hunt down your tenant for what they owe. It’s guaranteed cash in your pocket!
Lower Your Risk
Most landlords never get paid the money a tenant owes them even after taking the tenant to court. With LeaseGuarantee you will be protected from legal fees, damages, and lost rent. You won’t have to worry about hunting down a tenant for money they owe you, you’ll be reimbursed quickly and easily for court judgments.