Lease Guaranty

Rent protection that's way better than a guarantor.

Jetty Lease Guaranty replaces the need for tenants to find individual guarantors and protects property managers from lease-term rent loss.


Jetty Lease Guaranty

The faster, easier way to get renters approved and decrease vacancy.

Jetty Lease Guaranty instantly opens your property to more residents by replacing individual guarantors with an institution. If a resident fails to meet their obligations, we automatically protect you from rent loss—for every covered resident and for the full lease term.

  

Attract more residents.

Now you can say, "Welcome home," to great residents who previously had difficulty getting approved, such as students, foreign nationals, or those who are self-employed.

  

Fast processing.

Spend time growing your business, not chasing down qualifications from aunts and uncles. Leave the admin of finding a qualified guarantor to us.

  

Better coverage.

With Jetty, you’ll be covered for incidents ranging from broken leases to lost rent. For every resident we cover, you’re immediately indemnified for rent loss during the full lease term.

  

Newfound revenue.

Find a secondary revenue stream when your residents sign up. With Jetty Lease Guaranty, turn the costly hassle of guarantors into an ancillary revenue stream thanks to marketing and promotional fees.

  

Great pricing.

We’re competitively priced, and then some—Jetty customers can reduce total move-in costs by pairing Jetty Lease Guaranty with Jetty Deposit.

  

Personal service.

Think of us as the extra pair of hands you’ve always needed. Our on-call Partner Success teams ensure your questions are always answered.


How It Works

Approving applicants is a breeze.

Sign more leases and help ensure more protection (even if things go south).

1

Introduce option.

Instead of turning away applicants, introduce them to Jetty Lease Guaranty with your custom leasing office materials.

2

Purchase portal.

Direct residents to a custom Jetty partner site where they can provide their credit score and basic information for approval. Even if they don’t have a credit score, they can still qualify.

3

Approval.

Once approved, your resident is invited to purchase and a Certificate of Insurance will then be sent to both the resident and the leasing agent.

  

For more information on broken leases, renewals, and more, check out the  below.

Compare Jetty Lease Guaranty

More benefits than any other lease guarantor. Period.

  

Other Guaranty Providers

Our Products

Their Products

Products

  

A Fully Integrated Suite   

  • Jetty Members can reduce total move-in costs by pairing Jetty Lease Guaranty with Jetty Deposit
  • Written on A.M. Best "A" rated paper and offered through the "admitted" market

Other Guaranty Providers

Multiple Stops, Multiple Shops

  • Multiple platforms increase complexity and costs
  • Limited national footprint

Our Member Care

Their Member Care

Member Care

  

One-on-One Care   

  • Personalized Member Care, seven days a week, 365 days a year
  • In-building lease guaranty processing team for select accounts
  • Faster application processing
  • Multi-language support

Other Guaranty Providers

One-to-Many Care

  • Automated or unpersonalized care
  • Slow or unresponsive application processing on weekends and evenings

Our Perks

Their Perks

Perks

  

Free Member Benefits   

  • An ever-growing suite of perks and discounts that help property managers wow residents
  • Jetty member benefits.

Other Guaranty Providers

No Member Benefits

  • Zero, zilch

Plus Member Benefits   

We’ve partnered with modern, like-minded brands to offer an ever-growing suite of perks and discounts that help property managers wow residents at no additional cost.

Jetty member benefits.

Frequently Asked Questions

Q.
Will this bring under qualified residents to our communities?
A.

No, there are always great applicants who are tough to approve through normal processes. From foreign nationals to entrepreneurs and graduate students, there are scores of unique but approval-worthy applicants who have been rejected—not because they’re under qualified applicants, but because the industry hasn’t evolved to be able to handle them. Jetty has. We’re here to help your building stay competitive in an ever-changing world where resident profiles are changing fast.

Q.
How long does it take to underwrite? What are the underwriting criteria?
A.

Once a rental application is complete, Jetty can underwrite a resident with a credit score in a matter of minutes.

Q.
What types of leases are eligible for Jetty Lease Guaranty?
A.

Jetty Lease Guaranty works with leases that are at least three months and no longer than 24 months. It even works with leases with multiple signees (i.e., roommates).

Q.
What is the process for renewing Jetty Lease Guaranty?
A.

Jetty Lease Guaranty lasts for the duration of a tenant’s lease. A resident will need to reapply for each lease term. For some tenants, this is often helpful, as their financial picture will improve over the term of their lease. We will inform residents and property owners of lease guaranty policies pending expiration at least 60 days before expiration.

Ready to talk? We're here to help.

Learn more about the benefits of Jetty.

  
Insurance startup? You going to be around tomorrow? We may be new, but we’re in it for the long haul. We’ve made insurance safe, fast, and easy by forging a relationship with insurance veterans State National Insurance Company, Inc. and National Specialty Insurance Company (A.M. Best "A" rated), who work with global reinsurer, Munich Re (over 135 years of experience).
  
Insurance startup? You going to be around tomorrow? We may be new, but we’re in it for the long haul. We’ve made insurance safe, fast, and easy by forging a relationship with insurance veterans State National Insurance Company, Inc. and National Specialty Insurance Company (A.M. Best "A" rated), who work with global reinsurer, Munich Re (over 135 years of experience).

Issuance of coverage is subject to underwriting review and approval. Coverage may not be available in all states. Please see a copy of the policy for the full terms, conditions and exclusions. Policy obligations are the sole responsibility of State National Insurance Company, Inc. (NAIC No. 12831), Bedford, TX, in all states except Florida, and National Specialty Insurance Company (NAIC No. 22608), Bedford, TX, in Florida (collectively, “State National”). Coverage scenarios are hypothetical and shown for illustrative purposes only. Coverage is dependent on the actual facts and circumstances giving rise to a claim.

Jetty Insurance Agency LLC (Jetty) is an insurance agency licensed to sell property-casualty insurance products. Jetty will receive compensation from State National for such sales. Refer to the Legal Notices section for additional information.