I'm looking where to obtain a tenant surety bond

I'm looking where to obtain a tenant surety bond

Member since 2023 · 21 posts · 9 votes

Hi, to all. I'm renting a house here on San Antonio TX. I'm trying to know  where i can obtain information about a tenant surety bond with the purpose to cover house damage and miss-rent. I found a few online but they doesn't respond or don't work with that. Any recommendation?

Thank You

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  • Developer · Moscow Idaho · Member since 2024 · 224 posts · 143 votes
    1y

    I have no idea.  But why would you want that just for insurance?  If you vet your tenants most people with great credit don't ruin it because of a rental. 

  • Member since 2023 · 21 posts · 9 votes
    1y

    hi, @Matthew Becker this is for extra protection. I has a recently experience that one of my renters have to broke the contract lease and having this is more faster to recovery the months that waiting for the tenant to pay back. In other situation if someone broken something or need a mayor fix I just make a claim and receive the payment right away. This things isn't cover with the regular renter insurance. 

    • Developer · Moscow Idaho · Member since 2024 · 224 posts · 143 votes
      1y
      Quote from @Jason Lopez:

      hi, @Matthew Becker this is for extra protection. I has a recently experience that one of my renters have to broke the contract lease and having this is more faster to recovery the months that waiting for the tenant to pay back. In other situation if someone broken something or need a mayor fix I just make a claim and receive the payment right away. This things isn't cover with the regular renter insurance. 

      What does it cost based on rent?  I would assume it is expensive?  Seems like a bad bet but if it is really cheap maybe not
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