Rental Income Protection
Are you worried about your tenant not paying rent? When we did an owner survey in 2015, this was the number one worry for owners. With the help of RentSure’s rental income, eviction, and malicious damage protection we’re able to help owners cover up to 11 months and $100,000 in lost rent and up to $10,000 in malicious damage repairs.
Below you’ll find a list of the most frequently asked questions about the rent protection membership, but if you still have questions feel free to email us at [email protected].
Frequently Asked Questions:
What does the rental income protection cover?
The membership benefits covers up to 11 months and $100,000 in lost rent per rental unit. The membership will also cover up to $10,000 in malicious damages caused by your tenant. Also, RentSure will cover the cost of an eviction.
How much does it cost?
If the plan is sold outside of the platinum plan, the rent protection membership cost is equal to one month’s rent per year along with a $100 one-time fee. If grouped with the Platinum plan, the rent protection membership comes at a 15% discount and there is no $100 registration fee.
Is RentSure backed by an insurance company?
Yes, RentSure is insured by a global insurance company to cover your lost rent.
My tenant has left the house, when will I get paid?
The first monthly payment for loss shall be made within 60 days (or shorter) following the receipt of a demand.
Is my current tenant eligible?
Yes, if the tenant has been up to date on payments for the last 12 consecutive months they are eligible.