Lease Guarantee
Turn applicants into protected leases
Not every reliable renter fits traditional income and credit requirements. PandaGuarantee gives them another path to approval — and protects your rental income against default.
No cost to the property · Many decisions automatic · Your screening stays unchanged
Lease Guarantee
Active
Property
221B Baker Street
Guarantee issued
$55,520
Cost to property
$0
Covered obligations
Unpaid rent
Early departure
Parking & pet fees
Illustrative only. Coverage varies by property and guarantee terms.
Why PandaGuarantee
Approve more renters without lowering your standards
A relocating professional starting a new job. A self-employed applicant with strong cash flow but complicated paperwork. An international renter with real assets and no U.S. credit. We evaluate the renter and, when approved, issue an insurance-backed guarantee protecting the property against covered losses.
Increase occupancy
Give conditional applicants another way to qualify before they walk away.
Protect rental income
Receive coverage for losses if a guaranteed resident stops paying or otherwise defaults.
Keep leasing simple
The renter applies and pays us directly. Your team receives a bond covering rent loss.
Pay nothing
The renter pays the premium. There is no enrollment or policy cost to the property — ever.
How It Works
Protection in five straightforward steps
1
Register your property
Tell us about your building and who the guarantee’s beneficiaries are.
2
Refer the applicant
Send renters who need additional support straight to PandaGuarantee from your dashboard.
3
We review the full picture
Income, savings, employment, credit profile, and other relevant financial information — many decisions are automatic.
4
The renter accepts the offer
If approved, they receive a personalized quote. Once the premium is paid, we issue the guarantee to the property.
5
You proceed with confidence
With the bond in hand, the resident signs the lease and moves in. If a default occurs, your team submits a claim through the landlord dashboard.
Good renters don’t all look the same on paper
PandaGuarantee may help applicants including:
International renters without U.S. credit
Students and recent graduates
Freelancers and self-employed professionals
Employees relocating or starting new jobs
Strong savings but lower reported income
Applicants with limited rental history
Credit that doesn’t reflect their current finances
Roommate groups with uneven profiles
What’s Covered
Coverage designed around the risks of the lease
Unpaid rent
Protection when a guaranteed resident fails to make required rental payments.
Early departure
Coverage for qualifying losses when a resident leaves before completing the lease.
Property damage
Security Deposit Replacement, an optional add-on, covers damage beyond normal wear and tear.
Other lease obligations
Guarantees can cover consistent monthly obligations, from parking spots to pet fees.
A claim process built around your cash flow
When rent goes unpaid, owners shouldn’t have to wait months for an answer.
1
Submit the First Notice of Loss
Notify us through the landlord dashboard within 45 business days of the first late rent and we'll reach back out same-day.
2
Provide the documentation
Your dedicated claims specialist helps collect what’s needed, including the signed lease and current rent ledger.
3
Receive payment
Once accepted and fully documented, claims are paid within two business days.
Approved claims are typically paid within two business days
Measured from claim acceptance and receipt of all required documentation.
One unit or thousands, every lease matters
We work with independent owners, boutique management companies, growing regional firms, and large multifamily operators.
Individual referrals
Property-wide enrollment
Lease-up campaigns
Centralized portfolios
Broker & leasing-agent workflows
Custom coverage requirements
FAQ
Frequently Asked Questions
What is a lease guarantee?
Who pays for the guarantee?
Does PandaGuarantee replace tenant screening?
Does the guarantee cover the renter’s belongings?
Is the renter still responsible for paying rent?
Give your leasing team a reliable alternative to turning qualified applicants away.
Coverage and approval are subject to underwriting, eligibility, property acceptance, and the terms, conditions, limits, and exclusions of the applicable guarantee. Coverage is underwritten by a surplus-lines insurer and placed through a licensed surplus-lines agent. Product availability may vary by property and jurisdiction.
Fill Vacancies, Risk-Free.