NaborlyShield is offered to landlords, agents and property managers who want to eliminate the risk of the cost, time, and stress associated with evicting a tenant. Our lease protection service is designed to protect you by fully covering the financial and emotional burdens of having to deal with a tenant’s eviction, missed rent payments, property damage, and/or early move-out.
After you get a Naborly Report back, you will see a NaborlyShield quote that is correlated to a tenant’s Naborly score. Typically, if a tenant doesn’t pay their rent, a landlord will have to navigate the eviction process through the Landlord and Tenant board. However, if you purchase NaborlyShield and your tenant defaults on rent, Naborly will take care of the following:
- Naborly pays 100% of the rent for up to 6 months while you are not receiving rent from your tenant
- Naborly processes the entire eviction process (up to a maximum of $2,500 in services)
- Naborly compensates you for re-renting your rental unit (up to a maximum of 1 month’s rent)
- Naborly compensates you for property damage caused by the tenant (up to a maximum of $2,000 in services)