Is Insurent Legit? A Complete Guide to Rental Guarantor Service

Is Insurent Legit?

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Don’t let the lack of a guarantor stop you from renting your dream apartment in NYC. Insurent can be your guarantor and help you get approved in no time. But is Insurent legit? And what are the benefits and drawbacks of using their service? Find out in this comprehensive review/PHOTO COURTESY: Facebook

If you are looking for an apartment in New York City, you may have encountered some challenges in meeting the landlords’ strict financial requirements.

You may have been asked to provide a guarantor, a person who agrees to pay your rent if you fail to do so.

However, finding a guarantor can be difficult, especially if you are new to the city, have a low income, or have a poor credit history.

That’s where Insurent comes in.

Insurent is a company that provides a rental guarantor service for renters who cannot meet the landlords’ criteria.

But is Insurent legit? How does it work? And what are the pros and cons of using Insurent?

In this article, we will answer these questions and more, based on the latest information.

What is Insurent and How Does It Work?

Insurent is a well-established company in the real estate industry, providing a reliable solution for both landlords and renters.

With its innovative approach to rental insurance, many people may wonder whether Insurent is a legitimate and trustworthy option.

The answer is a resounding yes.

Insurent works as follows:

  • You can apply online for a free quote by filling out a simple form with some basic information about yourself, your income, your credit, and your desired apartment.
  • You can choose from different plans and options, depending on your situation and needs. You can also add co-applicants or roommates to your application.
  • You can pay a one-time fee, which is usually between 65% and 85% of one month’s rent, depending on your qualifications and the landlord’s acceptance. You can pay by credit card, debit card, or electronic check.

You will receive a confirmation email with your Insurent Lease Guaranty Certificate, which you can present to the landlord as proof of your guarantor.

You can also access your certificate online anytime.

If you fail to pay your rent, Insurent will pay the landlord on your behalf, and then seek reimbursement from you.

Insurent will also cover any legal fees or damages that may arise from your default.

What are the Benefits of Using Insurent?

Insurent has some advantages that make it a worthwhile option for many renters who are looking for an apartment in New York City.

Here are some of the benefits of using Insurent:

  • It can help you get approved for an apartment faster and easier, without having to find a personal guarantor or meet the landlords’ high standards. Insurent can pre-qualify you even before you step foot in an apartment.
  • It can save you money and hassle, as you don’t have to pay a higher security deposit, a broker’s fee, or a higher rent. You also don’t have to deal with the paperwork and the risk of a personal guarantor.
  • It can offer you flexibility and convenience, as you can apply online anytime and anywhere, and choose from different plans and options that suit your needs. You can also add or remove co-applicants or roommates as you wish.
  • It can give you peace of mind and security, as you know that you have a reliable and reputable company backing you up in case of any problems. Insurent has a positive reputation and customer reviews on social media and other platforms. It also has a responsive and helpful customer service team that can answer your questions and assist you with your policy or claim.

What are the Drawbacks of Using Insurent?

Insurent also has some disadvantages that you should consider before deciding to use their service.

Here are some of the drawbacks of using Insurent:

  • It may not be the cheapest option available, depending on your qualifications and the apartment you want to rent. You may be able to find a lower fee or a better deal from other sources, such as your existing insurance policy, your employer, your family, or your friends.
  • It may not be accepted by all landlords or buildings, as some may have their own preferences or policies regarding guarantors. You may need to check with the landlord or the broker before you apply for Insurent or look for apartments that accept Insurent as a guarantor.
  • It may not cover all types of leases or situations, such as sublets, short-term rentals, furnished apartments, or rent-stabilized units. You may need to check the terms and conditions of your lease and your Insurent policy carefully before you sign anything.
  • It may have some customer complaints or negative reviews on some websites or forums, such as the Better Business Bureau or Scam Detector. You may need to do your own research and verify the credibility and validity of these sources.

Conclusion

Insurent is a company that provides a rental guarantor service for renters who cannot meet the landlords’ criteria.

It is a legit and trustworthy option that can help you get approved for an apartment faster and easier, without having to find a personal guarantor or meet the landlords’ high standards.

It can also save you money and hassle, offer you flexibility and convenience, and give you peace of mind and security.

However, it also has some drawbacks that you should consider before using their service.

I hope that this article has given you some useful information and insights on Insurent.

If you have any questions or comments, please feel free to reach out.

Thank you for reading.

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