If your tenant doesn't have a guarantor, HousingAnywhere Rent Guarantee is a safe option. We've partnered with Mila, a trusted French insurance company, to cover missed rent payments and property damages. So you can confidently rent out your property, knowing you're protected if something goes wrong.
In this article:
What's covered by HousingAnywhere Rent Guarantee?
With HousingAnywhere Rent Guarantee, you get protection against damages and missed rent payments.
Damage coverage
HousingAnywhere Rent Guarantee covers:
Up to €3,000 for damages to floors, walls, or ceilings.
Up to €1,500 for damages to furniture.
Rent Coverage
If a tenant misses rent payments, Rent Guarantee covers:
Up to €96,000 for unpaid rent, including service charges.
Full legal fees for recovering unpaid rent.
Missed rent payments under Advanced pricing
If your tenant misses rent and your listing has Advanced Pricing, the compensation will be based on the average monthly rent for their rental period.
For example:
Let's say a tenant is renting your place for 3 months.
Rent: Month 1 (€1,000), Month 2 (€1,000), Month 3 (€1,500)
Total rent: €3,500
Rental period: 3 months
Average monthly rent: €3,500 ÷ 3 = €1,166.67
If the tenant misses a rent payment, you'll receive €1,166.67 for that month.
When the tenant moves out early
If a tenant moves out early, you'll be compensated for damages or missed rent based on the tenant's booking dates on HousingAnywhere.
How much does it cost, and who pays?
HousingAnywhere Rent Guarantee is free for landlords.
When confirming their booking, the tenant will pay a one-time fee of 3% of the Total Contract Value.
Total Contract Value = Monthly rent × Number of months in the rental period
Example
Let's say a tenant wants to rent your place for 1 year, and the monthly rent is €1,500. Rent Guarantee for their stay will be a one-time payment of €540.
Monthly Rent: €1,500
Rental Period: 12 months
Total Contract Value: €18,000
Rent Guarantee Fee (3% of TCV): €540 (paid by the tenant)
What bookings are eligible?
Right now, HousingAnywhere Rent Guarantee is only available for bookings where:
The place is located in France.
The rent is up to €5,000/month.
Picking HousingAnywhere Rent Guarantee
When you send the tenant an invitation to book, you can specify if you need a guarantor.
The tenant can submit their guarantor's details or select HousingAnywhere Rent Guarantee.
If they select Rent Guarantee, they'll pay for it upfront to confirm their booking.
Who provides the coverage?
HousingAnywhere Rent Guarantee is provided by Mila, a trusted insurance company based in France. Mila is approved by the French Prudential Supervision and Resolution Authority (ACPR), which means they meet strict standards for safety and reliability.
To make their coverage even more secure, Mila is backed by three of the world's largest and most respected insurance reinsurers: Munich RE, Hannover RE, and Swiss RE. These companies provide extra financial support, so you know the coverage is dependable.
For more details, view Mila's Terms and Conditions.
When will I get my insurance policy?
You'll get your insurance policy on the tenant's move-in date.
Mila will email it to you along with login details for their online claim management system.
Related: Filing a claim