SureVestor® offers financial protection against tenant related risks that lead to loss of income for landlords and property managers.
Exclusive Provider of 
Pick a Plan
What is covered under our Scheer Landlord Protection policy?
Are you protected from renters who might decide to quit paying rent, damage your building and trash the contents inside of your rental? Are you covered against loss or will you end up paying out of pocket?
Can you afford all this with no rent?
With SureVestor’s Scheer Landlord Protection you get coverage against these risks, replacement fees for your contents and insurance against the destruction of your building. Find out what we cover below.
Communicable Disease Endorsement
For all new policies and renewals with an effective or renewal date of April 1, 2020 onwards:
Please Note We will not be able to accept new or renewal of policies with effective dates beyond April 30th, 2020. We hope this is temporary as we all learn more about this pandemic
Claims resulting from insured events that occur within the first 90 days of commencement date (of the policy), will be limited to 50% of the total amount that, but for this Endorsement, would otherwise be payable to the insured under this policy.
Claims will only be paid once the tenant has vacated the property.
The current $500 deductible for malicious damage and theft claims will be increased to $5000. Other conditions include mandatory immediate reporting of malicious damage and theft to the claims agent Mills Mehr & Associates where physical damage is estimated to exceed $5000, along with a report to local police, possible appointment of loss adjuster and fraud audit on all malicious damage and theft claims. All other policy terms, eligibility and conditions remain unaltered.
All other policy terms, eligibility and conditions remain unaltered.
If you are already aware that your tenant will not be able to pay rent, you will need to make an arrangement with the tenant. These losses are already incurred and insurance will not cover them. The Arrears at commencement for cover clause still applies to all new policy requests.
Policy Benefits Checklist
All specified risks listed below are included unless otherwise stipulated as No cover.
* Prices exclude your state specific taxes and stamping fees.
| SCHEER ESSENTIAL | SCHEER PREMIER | SCHEER ULTIMATE | |||||
|---|---|---|---|---|---|---|---|
| $0-$999 | Not Available | Not Available | Not Available | ||||
| $1000-$2000 | $315/year* | $355/year* | $395/year* | ||||
| $2001-$3000 | Not Available | $355/year* Rent Coverage caps at $2000/month | or | $455/year* Rent Coverage caps at $3000/month | $395/year* Rent Coverage caps at $2000/month | or | $495/year* Rent Coverage caps at $3000/month |
| Over $3000 | Not Available | ||||||
| LOSS OF RENT Arrears period of 2 months applies. | |||||||
| Tenant Skip (lease break) | 2 weeks | 4 weeks | 8 weeks | ||||
| Tenant Delinquency (Eviction Order granted) | 4 weeks | 6 weeks | 10 weeks | ||||
| Tenant Delinquency (Writ of Possession obtained) | No cover | 8 weeks | 12 weeks | ||||
| Tenant Death (sole tenancy) | No cover | 8 weeks | 12 weeks | ||||
| Tenant Murder or suicide | No cover | 6 weeks | 25 weeks | ||||
| Untenable (Contents for Condos) for damage by fire, explosion or water damage | 4 weeks | 6 weeks | 8 weeks | ||||
| Untenable (due to malicious damage by tenant to the contents only) | 4 weeks | 6 weeks | 8 weeks | ||||
| Untenable (due to malicious damage by tenant to the building only) | 4 weeks | 12 weeks | 16 weeks | ||||
| Victims of Violence | No cover | 2 weeks | 4 weeks | ||||
| Prevention of Access/Denial of Access | 12 weeks | 12 weeks | 12 weeks | ||||
| ADDITIONAL BENEFITS | |||||||
| Malicious damage to building and/or contents | $25,000 | $35,000 | $50,000 | ||||
| Theft or Damage due to theft to building and/or contents | $5,000 | $15,000 | $25,000 | ||||
| Eviction filing fee, Eviction defense costs | $500 | $4,000 | $7,000 | ||||
| Sheriff, Marshall or Constable fees | $200 | $400 | $600 | ||||
| Loss due to use of Digital Lock Boxes | $2,000 | $5,000 | $5,000 | ||||
| Service and/or companion animal damage | $1,000 | $1,000 | $1,000 | ||||
| Re-keying of locks | No cover | $300 | $400 | ||||
| Terrorism cover available for additional premium | On request | On request | On request | ||||
| CONTENTS FOR CONDOMINIUMS Max amount claimable per claim aggregated with malicious damage | $25,000 | $35,000 | $50,000 | ||||
| Fire or explosion | |||||||
| Water Damage | |||||||
| If you are a property manager | Pick this PlanNot Yet Registered? | Pick this PlanNot Yet Registered? | Pick this PlanNot Yet Registered? | ||||
| If you are a landlord | Info on This Plan | Info on This Plan | Info on This Plan | ||||
NOTE: A deductible of $500 per event will be applied to all Malicious Damage and Theft Claims.
Eligibility Criteria
- Scheer Landlord Protection Insurance is only available for properties that are managed by a Professional Property Management Agent.
- Cover is not available on any property with a monthly rent below $1,000 or that is located within the five boroughs of New York City.
- Scheer Essential is available for properties with a monthly rent between $1,000 and no greater than $2,000. The maximum level of cover for a rent claim under Scheer Essential is up to $2,000 per month and cannot be extended.
- With Scheer Premier and Scheer Ultimate if the monthly rent of a property is above $2,000 per month, cover up to $3,000 per month can be purchased at an additional premium of $100 excluding applicable state taxes, fees and charges.
- If the additional premium cover noted above is not purchased, an insured property with a monthly rent above $2,000 can purchase either Scheer Premier or Scheer Ultimate but the maximum loss of rent claim will be limited to $2,000 per month
- All claims will be settled according to the lesser of the rent on the current lease, or up to a maximum per month rent cover of $2,000, or up to $3,000 per month if the Invoice/Certificate of Insurance shows that additional cover was purchased.
- Cover is subject to Policy Wording conditions, exclusions and limitations. You should read all documents including Key Facts thoroughly to ensure the product suits your needs.
, rated A+ by A.M. Best. Coverage is placed by Seattle Specialty Insurance Services, Inc., the cover holder. SureVestor, Inc, is an insurance agency who has the authorized right to distribute this product and receive compensation for its agent activities. SureVestor, Inc. license number in Delaware is 0699809. California license #0M31524 dba Scheer Landlord Insurance Solutions.