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What is the advantage of an Insurent® Lease Guaranty over a parental or co-signer guaranty?

April 26, 2017advantage co-signer Guaranty insurent® lease parental

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What is the advantage of an Insurent® Lease Guaranty over a parental or co-signer guaranty?

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The Insurent® Lease Guaranty is provided by a highly rated billion dollar insurance company. Argonaut Insurance Company is rated A- (Excellent) by A.M. Best. The Insurent® Lease Guaranty represents an institutional guaranty of payment versus a guaranty of collection by an individual. Insurent® pays the claim within five business days of the filing of claims. Moreover, the Insurent Program can be far quicker in closing the lease than an individual guarantor as we normally issue the guaranty on the lease within 24 hours.