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Owner Protection

Protecting Your Rental Property—and Your Income

Owning rental property comes with risks—from resident-caused damage and lost rent to liability claims and unexpected eviction costs. Penny Realty combines proven property management systems, thorough resident screening, owner guarantees, and specialized insurance coverage to help protect your property and your rental income.

Our goal is simple: reduce risk, protect your investment, and give you greater peace of mind as a rental property owner.

Penny Realty managed residential property with a landscaped courtyard and fountain

Additional Protection Through SureVestor

Penny Realty clients have access to ProtectionPlus through SureVestor, specialized insurance coverage designed specifically for rental property owners.

ProtectionPlus provides an additional layer of financial protection against certain losses associated with rental property ownership, including lost rent, eviction expenses, resident-caused damage, liability claims, theft, and other covered events.

ProtectionPlus Coverage Includes:

  • Loss of Rent: Up to 25 weeks of covered rent loss
  • Eviction Coverage: Up to $5,000 in covered eviction expenses, plus up to $600 in sheriff fees
  • Resident Malicious Damage: Up to $35,000 in coverage
  • Resident Accidental Damage: Up to $100,000 for covered damage resulting from fire, water, smoke, and explosion
  • Third-Party Liability: Up to $1,000,000 in coverage for qualifying third-party claims occurring at the property
  • Theft or Damage Due to Theft: Up to $15,000 in coverage
  • Rekeying: Coverage for qualifying lock rekeying when a resident skips or is evicted
  • Lockbox Coverage: Up to $5,000
  • Secondary Insurance Coverage: Additional coverage is available to qualifying Penny Realty clients

Coverage is subject to the terms, conditions, exclusions, eligibility requirements, and limits of the applicable insurance policy. Coverage amounts and availability may change. Please refer to the current SureVestor policy information for complete details.

Protection Starts With Good Property Management

Insurance provides an important additional layer of protection, but preventing problems in the first place is just as important.

Penny Realty's management systems are designed to reduce risk throughout the entire rental process—from selecting qualified residents and documenting property condition to collecting rent, coordinating maintenance, and enforcing lease requirements.

Our Approach Includes:

  • Comprehensive 11-Step Resident Screening designed to identify qualified residents and reduce leasing risk
  • Detailed Move-In and Move-Out Documentation to help establish property condition
  • Professional Rent Collection and Lease Enforcement to address issues promptly and consistently
  • Responsive Maintenance Coordination to help prevent small problems from becoming expensive ones
  • Regular Owner Reporting and Financial Oversight so you know how your property is performing

Proven Screening. Exceptional Results.

Our resident screening is so thorough that, on average, Penny Realty has experienced only 1 eviction for every 1,400 leases. Our last eviction was in 2018.

Our objective isn't simply to manage problems when they occur. It's to use proven systems and decades of experience to help prevent many of those problems from occurring in the first place.

Penny Realty Guarantees

In addition to professional management and available insurance protection, Penny Realty backs its service with guarantees designed to give property owners additional confidence.

These include our 90-Day Money Back + $500 Guarantee, 12-Month Lease Guarantee, 30-Day Rental Guarantee, and Pet Damage Guarantee.

View Our Guarantees

Protection Backed by Experience

Since 1965, Penny Realty has helped San Diego rental property owners protect their investments and navigate the day-to-day challenges of rental ownership. Our experienced local team combines proven systems, responsive service, financial oversight, and decades of property management experience to help make rental ownership more predictable and less stressful.

Whether you own one rental property or a portfolio of investments, our goal is to protect your property, maximize its long-term performance, and make ownership easier.