Once your renter applies for coverage with TheGuarantors, we determine eligibility. If approved, they’ll pay an upfront fee. You pay nothing and are covered.
Create a free account and enroll your property in minutes; no contracts or long-term commitments.
Select your preferred amount of coverage and invite your renter to complete a quick, free application to see if they qualify.
If approved, the renter pays for coverage and you proceed to lease signing with peace of mind.
When an applicant is close but not quite there on credit, income, or history, you can still move forward knowing you have added protection.
If a renter defaults, you’re protected from the financial impact, including coverage for vacancy, lease breaks, and no-shows.
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Rest easy knowing your rental income is protected. Here’s some more information to get you started with more peace of mind.
You can select how many months of rent you want coverage for – 3, 6, or 12 months. That means, depending on the length of coverage you select when you invite a renter, we’ll cover rent for a certain number of months in arrears and rent going forward, until you find a new renter.
Renters pay the policy premiums. First, invite your applicants to apply. After they have completed the application, if they are approved, they will then proceed to payment. There are no fees to the landlord for coverage or registering.
Pricing is personalized based on a few key factors, including the monthly rent, the renter applicant’s financial profile, and the coverage you require. The renter will receive a quote after completing our free online application. If approved, the renter pays an upfront, non-refundable premium.
If the property owner wants to continue their lease guarantee beyond the first term, then the policy must be renewed with every new lease (usually annually).
Under many circumstances, a renter who doesn’t meet your qualification standards will be turned away. Our coverage makes it easier for a renter to be approved, while at the same time protecting your rental income. So you can rent to them with greater peace of mind, and they get the home they want.
TheGuarantors has indemnification rights to pursue the renter for any claims paid. The renter is aware of this because they sign an agreement that outlines their responsibilities.
I’ve had renters I really like, but sometimes their credit is low or their income is tight. I send them to TheGuarantors and it makes it a lot easier to approve them without feeling like I’m rolling the dice.
With just a couple rentals, one missed payment can mess you up fast. TheGuarantors gives me peace of mind, and I don’t have to pay anything for it.
When a renter leaves and the unit goes empty, you still have a mortgage to pay. Having vacancy protection through TheGuarantors is a huge relief.
A Lease Guarantee allows landlords to lease with confidence and minimize financial loss due to defaults, damages, vacancy, no-shows, and more. This helps reduce out-of-pocket losses and protects your rental income. A Lease Guarantee consists of Rent Coverage and optional Deposit Coverage.
Rent Coverage opens doors to renters who may not otherwise qualify, helping landlords fill vacancies faster while mitigating the financial risk of missed rent. Deposit Coverage, a security deposit alternative, is optional and can also be added to a policy.
Renters pay our policy premiums. There are no fees to the landlord for coverage.
You can file a claim with us online. Detailed procedures for filing a claim are provided in the Lease Rental Bonds General Terms and Conditions.
No, your renters will provide documentation. After you invite your prospective tenant to apply for coverage, they will be prompted to complete an application online, where they will upload their documents and provide permission to run a soft credit check. For most renters, we only need a copy of government-issued ID.
Pricing is personalized based on a few key factors, including the monthly rent, the renter applicant’s financial profile, and the coverage you require. The renter will receive a quote after completing our free online application. If approved, the renter pays an upfront, non-refundable premium. The cost is per lease, not per renter, so roommates can share the cost.
Under many circumstances, a renter who doesn’t meet your qualification standards will be turned away. Our coverage makes it easier for a renter to be approved, while at the same time protecting your rental income. So you can rent to them with greater peace of mind, and they get the home they want.
We're happy to answer any questions you might have. Email us at landlord@theguarantors.com.
