Rent Protection Plan
Exclusive to RPM Peace Clients
Rent with Confidence.
Protect What You’ve Built.
Your rental property is an investment. But standard landlord insurance leaves dangerous gaps — tenant malicious damage, unpaid rent, and costly evictions often aren’t covered at all. The SureVestor ProtectionPlus Bundle changes that.
Available exclusively through Real Property Management Peace, ProtectionPlus gives you up to $35,000 in malicious damage coverage, guaranteed reimbursement for lost rent, and full eviction cost protection — for as little as $3 a day.
In Partnership With
Why Standard Insurance Isn’t Enough
Most landlord insurance policies cover fire, flooding, and structural damage — but they stop short of the risks that actually keep property owners up at night. Here’s what can happen without the right protection:
Scenario 1: The Tenant Who Walked Away
A tenant breaks their lease with no warning and disappears. The property sits vacant for weeks while you scramble to find a replacement. Without protection, every missed rent payment comes directly out of your pocket. With ProtectionPlus, you’re covered for up to 8 weeks of lost rent for a lease break — giving you the breathing room to find the right tenant, not just the fastest one.
Scenario 2: Intentional Damage Before Move-Out
An evicted tenant takes their frustration out on the property — holes in walls, ripped-out cupboards, concrete poured down the drains. The security deposit barely scratches the surface. Standard insurance won’t touch it. ProtectionPlus covers malicious tenant damage up to $35,000, so you can restore the property and get it back on the market without devastating out-of-pocket costs.
Scenario 3: A Long and Costly Eviction
A non-paying tenant refuses to leave. By the time you’ve filed, appeared in court, and paid for a sheriff to enforce the writ, you’ve spent thousands — and still haven’t received a dollar in rent. ProtectionPlus covers eviction filing fees, legal defense, and sheriff costs up to $5,000, plus continued loss of rent coverage throughout the process.
Three Guarantees. Total Peace of Mind.
🏠 Malicious Damage Guarantee
- Up to $35,000 for intentional damage to building or contents
- Up to $15,000 for theft or damage due to theft
- Up to $1,000 for service/companion animal damage
- Up to $400 for re-keying of locks
💰 Loss of Rent Guarantee
- Up to 8 weeks — tenant lease break
- Up to 10 weeks — eviction order granted
- Up to 12 weeks — writ of possession obtained
- Up to 12 weeks — tenant death (sole tenancy)
- Up to 25 weeks — tenant murder or suicide
- Up to 8 weeks — property untenable due to malicious damage
- Up to 4 weeks — victims of violence
⚖️ Eviction Cost Guarantee
- Up to $5,000 — eviction filing fees and legal defense
- Up to $600 — sheriff, marshal, or constable fees
- Up to $5,000 — loss due to digital lock box use
- Up to $1,000,000 — General Liability for 3rd party claims
* A deductible of $1,500 per event applies to all Malicious Damage and Theft claims. All claims are settled based on the lesser of the current lease rent or a maximum of $3,000/month. Contact us to review your specific situation.
How ProtectionPlus Compares to Standard Insurance
| Coverage Type | Standard Landlord Insurance | SureVestor ProtectionPlus |
|---|---|---|
| Tenant malicious damage | ❌ Not covered | ✅ Up to $35,000 |
| Lost rent (tenant skips) | ❌ Not covered | ✅ Up to 8 weeks |
| Lost rent (eviction process) | ❌ Not covered | ✅ Up to 12 weeks |
| Eviction filing & legal fees | ❌ Not covered | ✅ Up to $5,000 |
| Theft by tenant | ❌ Rarely covered | ✅ Up to $15,000 |
| General Liability (3rd party) | ⚠️ Up to $300,000–$500,000 | ✅ Up to $1,000,000 |
| Lock re-keying after bad tenancy | ❌ Not covered | ✅ Up to $400 |
| Digital lock box theft | ❌ Not covered | ✅ Up to $5,000 |
Simple, Affordable Pricing
Protect your investment for as little as
$3 / day
Billed monthly or included in
Premier Service Plan — 12% monthly (full turnkey)
Or add to Standard Service — 8.9% + $99/month
ProtectionPlus is available exclusively to property owners working with Real Property Management Peace. By choosing professional property management, you unlock access to this industry-leading coverage that no self-managing landlord can obtain on their own.
Who Qualifies & What You Need to Know Before Adding Coverage
ProtectionPlus is designed for professionally managed properties. To qualify:
- Property must be fully managed by a professional property management agent (not leasing-only)
- Monthly rent must be $1,000 or above
- Not available for properties within the five boroughs of New York City
- Coverage applies to residential rental properties only — not properties undergoing major renovations or used for business purposes
- If you move into the property or list it for sale, coverage must be cancelled (pro rata refund available)
✅ For New Tenants
- Coverage can start immediately — but only if it’s added the month of move-in and all conditions below are met
- All financial obligations must be paid in full before move-in: security deposit, fees, and first month’s rent
- Any unpaid obligations at move-in — including partial payments or payment arrangements — will result in claim denial
✅ For Existing Tenants
- Tenant must have paid rent on time for the two consecutive months prior to adding coverage
- If the tenant was in arrears by 6 or more days in either of those two months, coverage cannot be added until they have paid on time for two consecutive months
- Do not add the property until this payment history standard is met — adding it early will result in claim denial
⚠️ Tips to Maximize Your Claim Payout
- Avoid side payment arrangements with delinquent tenants — these can compromise your claim eligibility and reduce your payout
- File for eviction within 15 days of a missed payment — delays can lead to a reduced or denied claim
- When in doubt, contact us before taking action — proper documentation and following policy procedures are essential for a successful claim
Not sure if your property qualifies? Contact us and we’ll review your situation at no cost.
For full coverage restrictions and exclusions, contact us directly and we’ll walk you through the details.
Frequently Asked Questions
Does every property qualify for coverage?
Most properties qualify, as long as the monthly rent is $1,000 or more and the property is fully managed by a professional property management agent. Coverage is not available for leasing-only arrangements or properties within the five boroughs of New York City.
What counts as malicious damage?
Malicious damage is intentional, spiteful, or vindictive damage carried out by the tenant — such as punching holes in walls, pulling cupboards off walls, pouring concrete down drains, or setting fire to the property. Normal wear and tear, pet damage (except service/companion animals), and accidental damage such as carpet stains or scorch marks from a frying pan are not covered under this category.
Is loss of rent covered if the property sits vacant between tenancies?
No. Vacancy between tenancies at the end of a lease is considered a normal business risk, not an insurable event. The policy is designed to cover lost rent as a direct result of tenant actions — such as skipping, delinquency, or death — not market conditions.
Do deductibles apply?
A $1,500 deductible applies per event for Malicious Damage and Theft claims. There is no deductible for digital lock box theft claims. Loss of rent claims will have the remaining security deposit balance deducted after allowable re-leasing expenses are covered.
What happens to the security deposit when I make a claim?
The security deposit can still be used to cover other financial obligations the tenant owes under the lease. For loss of rent claims, the remaining deposit balance (after covering allowable re-leasing expenses) will be deducted from the rent claim. Your property manager will guide you through what can legally be deducted in Nevada.
Can I approve a higher-risk tenant now that I have this insurance?
No. Tenants should still be screened according to standard criteria and industry best practice. Approving a tenant who would not otherwise qualify simply because you have insurance could lead to repeated claims — and ultimately, denial of your policy renewal.
What if I want to sell the property or move back in?
If the property’s use changes — you move in, list it for sale, or begin major renovations — you must notify us through your property manager and request cancellation. A pro rata premium refund will be issued for the unused period.
I already have general liability through my dwelling policy. Why do I need this?
Most dwelling policies cap general liability at $300,000–$500,000. ProtectionPlus extends that coverage to $1,000,000 for both you and your property management company. It also satisfies the common requirement in property management agreements for the owner to list the management company as an additional insured.
Ready to Protect Your Investment?
ProtectionPlus is available exclusively to RPM Peace clients.
Request a free property evaluation today and we’ll walk you through your coverage options.
Questions? Call us at 702-848-2509 or email us anytime.
