Lease Protect For Free

Lease insurance is a security deposit replacement that completely eliminates deposits.Lease insurance provides enhanced, customized property protection $3,000 on the preferred plan while leading alternatives are generally designed to cover up to the cost of the deposit.

If your deposit is protected. You should usually get your deposit back within 10 days of agreeing on the amount with your landlord. It can take a lot longer if you and your landlord disagree on the amount that's being taken off.

Lease insurance is a security deposit replacement that completely eliminates deposits.Lease insurance provides enhanced, customized property protection $3,000 on the preferred plan while leading alternatives are generally designed to cover up to the cost of the deposit.

It's an insurance program in which qualified renters pay a small monthly fee for approval. LeaseLock insures the property manager against loss of rent in the event of renter default.The process includes reviewing the applicant's full finances, past rent-payment history, and other indicators beyond their credit score.

When Do I Pay the Security Deposit? Generally, landlords and property managers require the security deposit before the tenant can receive their keys. Security deposits are paid at the lease signing with a money order, cashier's check, or an ACH payment (electronic payment).

What is LeaseProtect? LeaseProtect is an alternative to a traditional security deposit that allows you to lower your move-in costs. It is a non-refundable payment.

Like a traditional security deposit, a security deposit insurance policy covers physical damage, lost rent, and unpaid fees, but not normal wear and tear. Instead of the landlord holding a security deposit to cover these expenses, if the tenant was not able to remedy the concern, the landlord would file a claim.