There’s a lot of confusion about Rent Guarantee.
Some landlords think it’s insurance. Others assume it covers any unpaid rent, no questions asked. And many platforms (including our competitors) are happy to let those assumptions slide until it’s time to file a claim.
Let’s clear things up.
Here’s what Rent Guarantee really is, how it works, and what you should look out for when comparing providers.
What It Is
Rent Guarantee is a financial backstop that protects landlords from income loss due to non-payment of rent.
With Rentatee’s Rent Guarantee:
- If a covered tenant stops paying, you still get paid
- Coverage is secured through a Rental Income Performance Bond
- It kicks in when a tenant defaults, not when damage or disaster occurs
- It removes the stress and unpredictability of rent delinquency
Think of it as income protection, not property insurance.
What It Covers
When you use Rentatee and enroll eligible tenants in the program, Rent Guarantee covers:
- Missed rent payments up to the agreed amount and duration
- Legal costs related to eviction
- Rent lost during the eviction process (within policy limits)
- Some post-eviction vacancy loss (if applicable under your plan)
You get paid directly, and we handle the recovery process behind the scenes.
What It Doesn’t Cover
This is where most fine print gets skipped.
Rent Guarantee is not:
- A catch-all for any tenant issue
- A way to insure tenants who were never screened properly
- A guarantee against damage, pets, noise complaints, or rule violations
It also doesn’t cover:
- Voluntary move-outs
- Lease breaks without default
- Losses related to non-rental income (utilities, parking, etc.)
It’s built for one thing:
Protecting your rental income when a tenant stops paying.
What to Watch for in the Market
Some providers position Rent Guarantee as “instant protection” but only reimburse you after the eviction, or if you meet strict eligibility conditions.
With Rentatee:
- Coverage is clearly explained before enrollment
- Rent is advanced while you resolve the issue
- The program is built directly into our platform, no external claims process required
Transparency is the product.
The Takeaway
Rent Guarantee is a powerful tool, when it’s structured properly, communicated clearly, and built into your operating system.
It doesn’t replace good screening or strong leases.
It complements them, by adding predictability where there used to be risk.
If you want to protect your cash flow, shield your NOI, and reduce stress, Rent Guarantee is one of the smartest systems you can put in place.
Just make sure you’re reading the fine print and choosing a partner that actually delivers when it counts.
