When can residents purchase Padder Guarantor?

Residents can purchase Padder Guarantor at the Point of Lease (POL). Here’s the step-by-step process:

How to Purchase:

1. Property Manager Access:

   • Property managers access Padder through a website portal.

2. Set Up Properties:

   • Our account management team assists property managers in setting up their properties by inputting information such as:

3. Point of Lease Decision:

   • At the POL, the landlord decides to request the tenant to purchase a Padder Guarantor policy before executing the lease.

4. Lease Details and Coverage:

   • The landlord enters a few details about the lease, chooses the coverage amount, and invites the tenant to participate.

5. Tenant Invitation and Registration:

   • The tenant receives an email from Padder, asking them to complete the registration process.

6. Questionnaire and Custom Quote:

   • The tenant completes the questionnaire and receives a custom quote based on their details.

7. Payment:

   • The tenant pays a one-time fee or opts for monthly payments (if available) and checks out.

8. Confirmation:

   • Once the process is completed, both the property manager and the tenant receive confirmation of coverage, allowing them to execute the lease.