Good for Your Business.
Amazing for Your tenants.

Simple, affordable, no-nonsense insurance: you receive a cash payout 

to cover rent, if a tenant unexpectedly loses a job or can't work.

Protect My Rental Income

Simple. Affordable. Dependable.

You provide a home for your tenants. But you're not running a charity. We help keep your business profitable and help keep them in their home.

Renter SafetyNet pays you cash to cover a tenant's rent if:

  • A Tenant Loses Their Job through no fault of their own.
  • Tenant Becomes Too Sick To Work For More Than 30 Days.
  • Tenant Becomes Injured And Can't Work For More Than 30 Days.
Exclusions are Narrow and clearI want to protect my income
Apply in 10 minutes or less

Get protected.

Enrollment is so fast and simple it can be done entirely online! No credit checks or physical exams needed.

Stay Protected.

If a tenant does fall on hard times, your income is protected.

Get paid.

You Get Paid Directly.  Most Approved Claims Paid Within Two Business Days.

Pricing as Low As

$5

Per Unit/Per Month*

*$5 per Month pricing based on An average unit rent of $500 per month with no vacancies. Premium amounts depend on rental prices and vacancies.

How it Works. Here's an Example:

OakRidge Apartments has 100 units with 90  currently rented. OakRidge pays a monthly insurance premium based on 90% occupancy.

Unexpectedly two of OakRidge's tenants lose their jobs due to no fault of their own. Both tenants immediately tell the property manager. Luckily, OakRidge has Renter's SafetyNet so both tenants' rent is covered for the period stated in the policy!

The claim process is simple. When your Tenant notifies you of job loss or disability, You submit a claim to us. We then follow up directly with the Tenant for further documentation. Once the claim is approved a payment is sent directly to You. Approved claims are mailed within two business days.

$5
per month premium
You Get
$1,500
LUMP SUM
INSURANCE PROTECTION
Select This Plan
$10
per month premium
You Get
$3,000
LUMP SUM
INSURANCE PROTECTION
Select This Plan
$20
per month premium
You Get
$6,000
LUMP SUM
INSURANCE PROTECTION
Select This Plan
$30
per month premium
You Get
$9,000
LUMP SUM
INSURANCE PROTECTION
Select This Plan

A Small Price to Pay for Peace of Mind

"Most Americans are living paycheck to paycheck and 44% said they do not have enough cash on hand to pay a $400 emergency expense." Don't put your income at risk when your tenant loses theirs.
SOURCE: Board of Governors of the Federal Reserve System, Report on the Economic Well-Being of U.S. Households in 2015, 2016

2017  Housing Wage is $21.21

“The 2017 national Housing Wage is $21.21 per hour for a two-bedroom rental home, or more than 2.9 times higher than the federal minimum wage of $7.25 per hour.”

Source: National Housing Coalition, Report on The High Costs of Housing, 2017

Peace of Mind for You and Your Business.

Even the best tenants can have bad things happen. Life is unpredictable. Renter SafetyNet is here to help you and your tenants weather life's toughest financial storms.
I Want To Protect My Income

Need more info? We cover that, too.

Enter your email address and or call us at: (608) 665-6824 to speak with one of our licensed agents.
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Questions? We've got answers.

What job losses does the program cover?

What job losses does the program cover?

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Renters who are actively at work for wages at least 20 hours a week for someone other than themselves are covered for layoff, job elimination, business closing or any other employer-initiated termination or separation from employment. EXCEPT: There is no coverage if (1) the Renter’s job loss occurs in the first 30 days after the Renter’s coverage became effective; (2) the Renter was told of the job loss before the Renter’s coverage started, (3) the Renter is laid off due to a normal and routine shutdown as determined by the Renter’s occupation or place of employment; (4) the Renter quits or retires from his or her job; (5) the Renter loses his or her job due to unsatisfactory performance or willful or criminal misconduct; (6) the Renter becomes unemployed due to war, an act of war or a nuclear or natural disaster.
Sample Policy

What disabilities does the program cover?

What disabilities does the program cover?

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Renters who are actively at for wages at least 20 hours a week for someone other than themselves are covered for Total Disability, which means the Renter’s doctor has stated the Renter has a sickness or accidental injury that is expected to prevent the Renter from performing the essential functions of his or her job for 30 days. EXCEPT: There’s no coverage for a Total Disability that results directly or indirectly from a normal pregnancy, war or any act of war, use of alcoholic beverages or narcotics (including hallucinogens) unless they are administered on the advice of and taken as directed by a licensed physician other than the Renter or an immediate family member of the Renter; or elective surgery. Pre-Existing Condition Limitation: There’s also no coverage if the Renter’s Total Disability starts within 6 months after the Renter’s coverage began and results from a medically determined condition that the Renter was treated for or advised about during the 6 months before the Renter’s coverage started.
Sample Policy

Who do We pay?

Who do We pay?

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We pay the Rent Benefit to You. You will apply the benefit as a credit to the monthly rent obligation(s) owed by the Renter under the rental agreement. If the Renter’s monthly rent obligations end before the credit is used up, You may apply the remaining benefit to other amounts owed by the Renter to You. If there is any benefit yet remaining after such application, You will pay the remains to the Renter.
Sample Policy

What do We pay?

What do We pay?

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We pay the Rent Benefit elected by You in the Application when a Renter has a covered Job Loss or covered Total Disability. The Renter remains responsible for timely rent payments while We are processing a claim.
Sample Policy

How is a claim filed?

How is a claim filed?

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When Your Tenant notifies you of a job loss or disability, You submit a claim to us. Once the claim is filed, we will work directly with the Renter to obtain the documentation necessary to review and approve the claim. All approved claims are paid directly to you. Approved claims are mailed within two business days.
Sample Policy

Is there a deductible or any other hidden fees?

Is there a deductible or any other hidden fees?

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No, there is no deductible or additional fees. All pricing is presented upfront during the quote process. Approved claims are paid based on actual rent obligations.
Sample Policy

What is the most I can get under this policy with respect to a Renter?

What is the most I can get under this policy with respect to a Renter?

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You cannot get paid more than 6 claims with respect to each Renter covered under this policy. This limit applies no matter how many rental agreements the Renter may have with You or when those rental agreements were or are in effect.
Sample Policy

How often can I get a claim paid with respect to a Renter?

How often can I get a claim paid with respect to a Renter?

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With respect to each Renter, You can get no more than one claim paid for a Job Loss and one claim paid for a Total Disability during each 1-year policy term. But if We have paid a Rent Benefit for a Total Disability for a Renter, We will not also pay a Job Loss benefit if the Renter’s job is no longer available to the Renter when he or she comes off Total Disability and is again able to work. Each 1-year term is measured first from the Policy Effective Date and thereafter from the policy renewal date.
Sample Policy

What if there is more than one Renter on the Rental Agreement?

What if there is more than one Renter on the Rental Agreement?

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In that case, the Rent Benefit is determined on a pro rata basis. This means that the monthly Rent Benefit We pay for each Renter is figured by dividing the monthly rent obligation stated on the rental agreement by the number of Renters appearing on the rental agreement. For example, if the monthly rent is $1,000 and there are 2 Renters in the rented unit, the monthly Rent Benefit for each Renter would be $1,000 ÷ 2, or $500.
Sample Policy

Are there any credit checks or reviews of a tenant's income?

Are there any credit checks or reviews of a tenant's income?

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No, we've kept our underwritting simple and straightforward. The application and approval process takes about 10 minutes and can be completed online. We do require that tenants are: 1) NOT self-employed and 2) working an average at least 20 hours per week.
Sample Policy

Can I view a sample copy of the policy?

Can I view a sample copy of the policy?

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Yes, you can download a copy here:
Sample Policy

When does the policy end?

When does the policy end?

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The policy is issued for a one-year term and is non-renewable. After one year, we will contact you to discuss the re-purchase options you may have at that time.
Sample Policy

The only question left is when do you want to sign up?

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