With this security deposit replacement, you can relax knowing that your property is
protected, and your tenants are happy. Say goodbye to the hassle of security deposits and hello to the
convenience of
Lease Insurance.
Some commonly asked questions we get:
What are the benefits of security deposit replacements?
This allows you to market your properties as a $0 security
deposit property. Tenant occupancy levels will increase, small claims court issues and other administrative
burdens
will
go away. Collections and receivables will improve in addition to positive online reviews. Peace of mind
knowing that
your properties are covered by an A-rated lease insurance company.
Why Leaseguard and not a Surety Bond?
Surety bonds are sold directly to each tenant requiring an additional application
and approval process for each renter. Surety bonds also require that tenants pay for processed claims
resulting in
tenant friction and negative reviews. With Leaseguard, there is 1 master policy for all units, and we deal
with the
property managers directly, not the tenants. If claims need to be filed, your tenants will not even know
about it.
Because of this, you will not suffer negative online reviews or costly administrative issues due to security
deposits.