CoSign My Lease Offers a Rental Payment Guaranty to Landlords with Risky Renters

A Texas based company, CoSign My Lease, is using an insurance model to offer landlords financial protection for renting to risky renters.

The Woodlands, TX, January 09, 2010 --( CoSign My Lease provides a service to landlords that pays the rent if the tenant is evicted or if the tenant skips prior to the lease expiring. For about thirty-five dollars a month landlords can have CoSign My Lease guaranty their lease payments. Landlords benefit by passing the costs of the guaranty to the renter making this a no cost, high benefit option for accepting renters that have gone through a foreclosure or eviction and those with damaged credit.

“As a landlord in this economy it makes a lot of sense to have an added level security,” said Jonathan H. Coleman, MBA, Senior Underwriter of Cosign My Lease. “We guaranty leases in every state and have found that renters don’t mind paying a little more each month to get the home they want.”

CoSign My Lease is the nation’s leading guarantor of residential leases.

CoSign My Lease
Jonathan Coleman