Up to 6 mo
Coverage
Lost-rent coverage
Most partner policies cover continued rent during a tenant default up to a defined monthly cap and total months threshold — so a stalled LTB file does not stall your mortgage.
Services
Rent Guarantee · Rental Protection Options
Rental income, protected
MoveSmart coordinates partner-underwritten rent guarantee policies, tenant insurance coordination, and financial qualification validation - so a missed rent cheque does not become a missed mortgage payment. Coverage options are provided by licensed insurance partners; MoveSmart handles the qualification and integration with your lease.
Coverage is underwritten by licensed Canadian insurance partners. MoveSmart coordinates qualification, lease alignment, and claim support — we are the coordinator, not the insurer.
Rent paid
Income continuity
Continued cash flow during default, up to policy caps.
12 months
Standard term
Annual policy aligned with the lease term and renewal.
Bound on signing
Lease-aligned
Policy issued the same day the lease is executed.
What is covered
The protection, in plain numbers
Coverage terms, premium, waiting period, exclusions, and claim mechanics are disclosed in plain language before you bind — never after.
Legal
Coverage
LTB-process costs
Eligible legal fees tied to filing and prosecuting a non-payment file at the Landlord and Tenant Board are covered under most policy options.
100%
Coverage
Vetted underwriting
Every applicant is mapped against partner underwriting before you bind. No surprise denials, no policies that quietly fail to pay.
How protection works
A six-stage protection workflow
From the first screening to a possible claim — each stage is logged, timestamped, and visible in your owner portal.
Tenant Screening runs on the applicant as normal.
The difference
With vs without rent guarantee
What a single non-paying tenancy actually costs — and what a coordinated rent guarantee policy puts back on the balance sheet.
Without protection
The cost of going it alone
What individual landlords typically absorb when a tenancy stops paying.
- Six-to-nine months of lost rent during an LTB non-payment file
- Legal fees for filing, prosecuting, and enforcing the eviction
- Mortgage payments still due on a unit producing zero income
- Self-insuring with no defined coverage caps or claim mechanics
- No lease alignment — gaps that void any coverage you do carry
With MoveSmart
The cost, covered
A coordinated policy aligned to your lease, bound at signing, claimable on default.
- Partner-underwritten coverage for continued rent during default
- Eligible legal costs of the LTB process included in most policies
- Lease, riders, and notices pre-aligned to policy requirements
- Tenant insurance enforced and filed in your owner portal
- Claim file assembled by MoveSmart, assessed by the licensed insurer
Claim coordination, in writing
Trust the process
Licensed insurers. Coordinated by MoveSmart.
24-72 hr
Eligibility map turnaround
Licensed
Canadian insurance partners
$0
MoveSmart coordination fee when bundled
On lease
Policy bound at signing, not after
Who it’s for
Built for landlords who treat rent as cash flow
Individual landlords
Owners of one or two units where a single non-paying tenant would materially affect cash flow.
Portfolio owners
Owners of multi-unit portfolios who want predictable income and are willing to trade a small premium for default protection.
Institutional operators
Purpose-built rental operators who need audited rent continuity for investor or lender reporting.
Pricing
“MoveSmart does not charge extra to coordinate rent guarantee when bundled with Leasing Services. Policy premiums are set by the insurance partner and disclosed before binding.”
Frequently Asked
Questions about Rent Guarantee
No. Rent guarantee policies are underwritten by licensed Canadian insurance partners. MoveSmart coordinates qualification, policy selection, lease alignment, and claim support, but is not the insurer.
Ready to bind protection
Make a missed rent cheque someone else’s problem
List your property and we will map your applicant to the partner underwriting rubric, present coverage options, and align the lease — all before you bind.