PandaGuarantee Products

PandaGuarantee offers two solutions designed to help landlords reduce leasing risk while providing tenants with more flexible move-in options.

#Lease Rental Bond

The Lease Rental Bond provides landlords with coverage for certain financial losses resulting from a tenant’s failure to meet their rental payment obligations under the lease, including unpaid rent and other covered rent-related amounts, subject to the terms, conditions, and coverage limits of the bond.

The bond is issued for an approved coverage amount and coverage period and names the landlord or designated beneficiary as the protected party.

→ Learn more about Lease Rental Bond

#Security Deposit Replacement (SDR)

Security Deposit Replacement (SDR) provides an alternative to a traditional cash security deposit.

Instead of paying the full security deposit upfront, tenants pay a smaller upfront fee and monthly payments to PandaGuarantee. PandaGuarantee provides coverage to the landlord for eligible losses, subject to the policy terms and coverage limits.

→ Learn more about Security Deposit Replacement

#Why enroll in both products?

We recommend enrolling in both Lease Rental Bond and Security Deposit Replacement (SDR) to provide broader protection across the lease lifecycle.

The Lease Rental Bond provides coverage for eligible unpaid rent and rent-related obligations, while SDR provides coverage for eligible losses typically associated with a security deposit, such as tenant-caused damages.