Method of providing insurance coverage as a security deposit guarantee

摘要

A method of administering property insurance coverage for protecting individuals from liability which may arise as the result of excess wear and tear and/or damage which may occur to a leased residential unit during the lease term includes relieving tenants of providing up-front security deposits and providing property managers with a service product which will generate fees for the property manager as well as provide guarantees to lessors making use of the service product.