FREE for Landlords
Coverage up to $10,000
Don’t waste time or money waiting for the best tenant. LeaseGuarantee eliminates your risk.
With LeaseGuarantee as your safety net, you can reduce or eliminate the deposit or need for a cosigner.
How it Works
Screen a New Tenant with AAOA.
All tenants screened with AAOA are processed through the LeaseGuarantee Analyzer to qualify them for coverage.
Select Your Coverage, Up to $10,000.
If your tenant qualifies you will have 10 days to select annual coverage of $2,500, $5,000, $7,500, or $10,000.
Choose Who Pays, Landlord or Tenant.
Click “Get Coverage” on the screening report to purchase or invite your tenant to purchase LeaseGuarantee.
Your Rental is Protected!
LeaseGuarantee covers all individuals on the lease agreement up to the coverage amount you selected for 12 months and is renewable.
Coverage Starts at
$299/year for $2,500 coverage
$598/year for $5,000 coverage
$897/year for $7,500 coverage
$1,196/year for $10,000 coverage
* Rates may vary based on the tenant’s screening report
How AAOA Members Are Using LeaseGuarantee
My applicants have difficulty coming up with a good credit score or enough security deposit. Now, I cut the security deposit in half and have them purchase LeaseGuarantee. With LeaseGuarantee I get extra coverage and it puts less stress on my tenant.
I’ve had bad tenants that cost me more than the security deposit I collected, so I started using part of my security deposit to purchase LeaseGuarantee $5,000 coverage. It guarantees I’ll get paid if my security deposit doesn’t cut it!
Can I get a LeaseGuarantee contract for all my tenants?
If a LeaseGuarantee contract has been offered and the premium has been paid for one tenant on the lease agreement, then all tenants listed on that lease agreement are covered.
How long is the LeaseGuarantee contract good for?
A LeaseGuarantee contract is valid for 12 months from the date of purchase, unless you contact us to request a different starting date.
Is the LeaseGuarantee contract renewable?
Yes, for a small $20 fee, United Indemnity Group will offer a new LeaseGuarantee contract to anyone that has maintained or improved their credit status. The premium may vary for renewals.
How can I file a claim?
Login to your AAOA account and click on Tenant Screening in the menu to access your LeaseGuarantee history and file a claim. You will need a signed lease agreement, signed rental application, and copy of the court judgment. United Indemnity Group will review your claim and provide you with a response within 5 business days.
What if my tenant stops paying rent?
If you are unable to negotiate a mutually acceptable settlement with the tenant(s), you must obtain a court judgment against every adult listed on the lease/LeaseGuarantee contract. Upon receipt of the court judgment, submit it to United Indemnity Group claims department. The claim will be reviewed within 5 business days and you will be reimbursed the amount of the judgment up to the maximum LeaseGuarantee contract amount, whichever is less.
Does the LeaseGuarantee contract cover all individuals on the lease agreement, even if all of them don’t qualify?
Yes. If at least one individual on the lease agreement qualifies for a LeaseGuarantee contract, all individuals on the lease agreement will be covered. In the event of a default and claim, all individuals must be included on the judgment for the claim to be valid. This includes any tenants that may have already moved out and any co-signers responsible for the lease.
Why do I need to activate the LeaseGuarantee contract within 10 days?
Credit scores may change on a weekly basis. The LeaseGuarantee Analyzer is based on the most recent credit score, so the approval only lasts for 10 days. If the 10 day period passes, you may call (866) 579-2262 to request an extension.
How do landlords use LeaseGuarantee to replace or supplement a security deposit?
Some landlords bill their tenants instead of requiring a security deposit. This lowers the tenant’s move-in costs and protects the landlord. If the tenant doesn’t meet the landlords qualifications, they’ll bill them for LeaseGuarantee in addition to a security deposit. It’s better than asking for a cosigner or higher rent. We’ve also heard that some landlords pay for LeaseGuarantee and charge their tenant higher rent on a monthly basis cover the cost.
If my tenant pays for LeaseGuarantee am I still the beneficiary?
While LeaseGuarantee can be paid by the landlord or tenant, the landlord receives 100% of all the LeaseGuarantee contract benefits!