Product Overview
Product Description
LeaseLock Lease Insurance is the first and only program of its kind. LeaseLock eliminates deposits, creating greater access to housing for renters, while appropriately offsetting risk for properties. Renters prefer LeaseLock’s deposit waiver option, substantially reducing move in costs. Unpaid balances can be recaptured through LeaseLock’s simple claims process, without damaging renter credit.
Product Positioning
LeaseLock leads the next evolution in rental housing. We empower renters to lease the way they want, and provide operators and investors with a new generation of risk management solutions. LeaseLock is more than a deposit replacement. Zero Deposit™ lease insurance is embedded in leasing, billing, and receivables workflows. Leads convert faster. Renter satisfaction improves with freedom from a financial burden. Efficiency is maximized by the removal of deposit handling. Property cash flow and value increases by recapturing lost income. Our AI-powered underwriting solution - LeaseLock Shield™ - harnesses the power of machine learning to determine the best coverage for each property and portfolio’s specific needs. The result is ultimate protection from write-offs and legal risk as well as reduced operational burden. LeaseLock sets the standard for AI-powered insurance technology. The company has insured over $10 billion leases backed by A rated insurance carriers. As a GRESB certified partner, LeaseLock improves housing accessibility by removing financial barriers for renters.
Main Features
Company Information
leaselock.com
Integration Partners
See if LeaseLock connects with your favorite tools. For product-to-product integrations or technical questions, reach out to LeaseLock for more information.
