Peace of Mind Protection, Included with Mission City Premium Management
The tenant seemed perfect — great income, polite, everything looked good.
Then came late rent, damage, and an early move-out. The nightmare every landlord fears.
And in Santa Barbara, it’s even worse. Strict tenant laws and slow courts make these problems harder — and snowballing expenses — to fix.
That’s why Mission City’s Peace of Mind plan includes landlord protection insurance, built in at no extra cost. So when things go wrong, you’re not facing it alone.
What is SureVestor ProtectionPlus?
SureVestor is a landlord-specific insurance program available only through professional property managers. It fills the gap where traditional insurance and security deposits fall short — covering you for:
What’s Covered?
| Scenario | What You’re Protected Against | Coverage |
|---|---|---|
| Tenant breaks lease or skips out | Lost rental income while we re-lease the unit | Up to 8 weeks of rent |
| Tenant eviction | Rent losses after eviction is ordered | Up to 10–12 weeks of rent |
| Tenant death, suicide, or violence | Rent lost during vacancy & clean-up | Up to 25 weeks depending on cause |
| Malicious damage by tenant | Includes both contents and structure | Up to $35,000 (less $1,500 deductible) |
| Theft or vandalism | Property damage due to tenant theft | Up to $15,000 |
| Eviction legal fees | Filing, defense, sheriff or constable | Up to $5,600 total |
| Lock rekeying | If a lockout is needed after issue | Up to $400 |
| Damage from service animals | When legally required animals cause damage | Up to $1,000 |
| 3rd party injury lawsuits | Liability coverage if someone sues | Up to $1,000,000 |
Key Limits to Know:
- Coverage applies to professionally managed properties only
- Maximum monthly rent insured: $3,000
- No coverage if tenant is already delinquent at lease start
- Deductible of $1,500 per event for damage/theft claims
Why It Matters:
In California, an eviction can take months and cost thousands. If a tenant breaks a lease or causes damage, even a $3,000 deposit doesn’t come close to covering your losses.
With SureVestor, you're not left holding the bag. And because Mission City pays the premium for this program, you don’t lift a finger or pay a dime — it’s included in your Peace of Mind plan.