What is the difference between Padder Guarantor and renters insurance?

Padder Guarantor is a an insurance policy where your landlord is the beneficiary. You choose to purchase the policy to help qualify for housing if you don’t meet traditional screening criteria. It covers your landlord for certain financial losses if you default during the lease.

Renters insurance, on the other hand, protects your personal belongings and liability.

Many renters choose to have both: Padder Guarantor helps you secure the lease, while renters insurance protects your things once you’ve moved in.