What is the duration of the Insurent® Lease Guaranty?
The Insurent® Lease Guaranty Policy primarily covers one year leases. Additional lease terms of one year plus a partial month are covered provided that the prorated monthly rent for the partial month is collected with the first month’s rent at the inception of the lease. Additionally, lease terms of up to fifteen months are covered where no monthly rent of up to three months will be charged, provided that the free rent period occurs at the end of the lease term.
