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Lease Insurance Could Come into Play Amid COVID Crisis

More than 26 million people have filed for unemployment in the five weeks since cities and state began to order non-essential businesses to close.

Millions of apartment renters across the U.S. have lost jobs and income in the economic crisis caused by the spread of the novel coronavirus. Many are working with landlords by making partial payments and creating payments plans.

But another aspect of the industry is being tested by the crisis: lease insurance products that have replaced security deposits for some renters.

Read the full National Real Estate Investor Article.

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