Does Padder cover damage to the unit or only unpaid rent?

Padder Guarantor provides up to 12 months of rent protection if a tenant defaults on their lease obligations — financial or non-financial — during the first 36 months of the lease (subject to policy terms).

Padder protects you against:

• Missed Rent: Unpaid rent during default
• Early Lease Breaks: Rent loss if a tenant ends the lease early
• Vacancy Loss: Rent loss while re-leasing the unit
• Failure to Move In: If the tenant never takes possession

What’s not covered:

• Damage to the unit
• Legal fees
• Cleaning or maintenance costs
• Other non-rent-related losses