Leap provides opportunities for renters who might not otherwise qualify, enhancing lease conversions for owners and operators while reducing the risk of default, minimizing bad debt, and boosting their NOI. It serves as an insurance policy: if a renter defaults on their lease, Rent Coverage compensates owners and operators for the unpaid rent. This enables operators to lease with confidence while giving renters access to their ideal apartments.

We are proudly backed by an insurance provider rated A – (Excellent) by A.M. Best.