Damage Assurance Program
Are You Worried the Security Deposit May Not Cover Potential Damage?
This is a common concern for property owners who don’t want to find themselves facing an unexpected repair bill due to damage caused by a tenant.
The Damage Assurance Program
RentWerx offers the Damage Assurance Program for $10 Per month with the Silver Plan, or Included at no charge with the Gold, Platinum and Multiple Property Owner Plans.
Rent Protection Program
The Rent Protection Program is designed to coincide with the Eviction Assurance Program. If it becomes necessary to fully evict a tenant on the owner’s behalf, the eviction assurance program would cover the cost of the eviction and the rent protection program help with the lost income in the form of one month’s rent.
- Included with our Gold, Platinum, and Multiple Property Owner Agreements
- $10 Per Month with the Silver Plan
- Add All Assurance Packages for $25 Per Month on Silver Plan
Eviction Assurance Guarantee
Creating this Eviction Assurance Guarantee, we are so confident in our tenant screening process, that under qualifying plans, we are going to guarantee that you will not have to pay out of pocket if an eviction needs to take place. Thanks to our screening process, evictions are such a rare occurrence at our company that we are going to cover the cost.
$10 Per month with the Silver Plan, or Included at no charge with the Gold, Platinum and Multiple Property Owner Plans.
Animal Protection Program
For no extra charge to owners, we guarantee your home will not be damaged by any approved animal. When we allow a pet into a home, we have vetted that animal almost as much as the tenant. At RentWerx, we like to deal with hot button issues before they become problems. So, we screen each pet, charge a reasonable fee, and guarantee that you (the home-owner) will not pay out of pocket for pet damage.
- We pay for any damages exceeding the security deposit caused by an approved animal.
- We screen each animal.
- $1,000 of included free coverage.
- $5,000 of Additional Coverage for $10 Per Month on the Silver Plan, or included at no charge with the Gold, Platinum, and Multiple Property Owner Plans.
Free Double Security Deposit Guarantee
RentWerx offers a “Preferred Tenant Program” to assist in marketing your home For Rent by easing the burden of up-front expenses that tenants incur while moving. This program allows tenants to OPT IN to a monthly fee in lieu of paying a standard Security Deposit, which has customarily been equal to One Month’s Rent.
Should an applicant sign up for the Preferred Tenant Program and OPT OUT of paying an all up front Security Deposit, RentWerx offers all Owners the Free Double Security Deposit Guarantee.
This program will offer to repair or reimburse Owner for damages caused to the home by the tenant above normal fair wear and tear, up to the amount of 2 times (2X) the Monthly Rent. This amount will be limited to $5,000 per home, per incident. This excludes pet damage covered in our Free Animal Protection Guarantee and / or damage caused by an authorized Service Animal per the Fair Housing Guidelines.