Our coverage helps protect your property from financial loss, if the worst happens, and a OneApp resident defaults on their lease.
🏆 Pro Tip: All the important info is in our Default Guide – add it to your Learning Management System (LMS) for quick access anytime.
For eligible defaults, we can be reimburse you up to 3x the base rent to offset:
- Property damages and costs to repair the unit.
- Lost Rent due through the end of the lease term or until the first day of the new lease (if the property is re-rented).
- Legal Fees associated with an eviction.
⚠️ Please Note: Normal wear-and-tear or turn of a unit, concessions, and standard resident fees cannot be reimbursed.
Learn more about default reimbursement requirements and how to submit a default request.
