Rent Payment Insurance
Why is insurance cheaper with the Tenant Certificate?
A verified tenant reduces the rental risk, saves nerves, and, consequently, increases security. If a tenant with a positive Tenant Certificate lives in the property you want to insure, you will pay less for coverage because the risk of future insurance events is lower.
For example, positive income verification means that the tenant earns more than twice the rent payment with additional fees, meeting the income criteria for the property. Therefore, the likelihood of payment arrears is lower than for someone who has not undergone any verification.
👉 Read more about tenant verification with simpl.rent
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