You know how hard it can be for renters to meet landlord’s financial and credit requirements. Now, the Insurent® Lease Guaranty Program can close leases for creditworthy parties that otherwise would not close resulting in greater income for you. These renters include graduating college students and professional school students entering the workforce; self-employed persons; non U.S. executives relocating to the U.S. without any U.S. based credit history; non-employed U.S. and non U.S. persons with cash liquid assets; retired persons; international students, and U.S. students. All this happens with no hassle for renters, their parents, landlords, and you. Insurent® offers guarantees that landlords will be protected from rent loss. And we back our promise with institutional financial strength from a highly rated insurance company.
The Insurent® Lease Guaranty process works because it is simple. All your client needs to do is log on to insurent.com, fill out an application form, and qualify.
Once Insurent® receives the application, your clients can often qualify for a guaranty typically within 24 hours, excluding weekends and holidays. Your client will then receive an Insurent® Qualification Certificate that can be shown to prospective landlords during the apartment search. Full approval and issuance of the Insurent® Lease Guaranty is subject to verification of application information and reference checks.
When it’s time for your clients who have qualified to sign a lease, they pay Insurent® a one-time fee. Upon receipt of the fee, our insurer issues the Insurent® Lease Guaranty on the apartment to your clients’ landlord.
Although landlords still need to evaluate multiple risks associated with each renter, an Insurent® Lease Guaranty eliminates the risk of rent loss. Instead of chasing after many different individual guarantors, landlords will have the security of dealing with a single, trusted highly rated insurer.