Landlord Insurance

Added protection when the bond doesn’t cover everything with Oxygen Hawke’s Bay’s Rent and Debt Guarantee

For just $3.50 per week, the Rent and Debt Guarantee gives landlords in Hawke’s Bay added financial support that goes beyond the standard four week bond.

In cases where a tenancy ends with rent owing or damage to the property, the bond may not be enough to cover all the costs. This Guarantee offers up to $3,000 in additional coverage to reduce your exposure when things go wrong.

This is not an insurance policy. It’s a safeguard backed by Oxygen’s tenancy management systems.

What the Rent and Debt Guarantee means for you

If a tenant leaves behind unpaid rent or property-related costs and the matter proceeds to the Tenancy Tribunal, Oxygen will pay the covered amount directly to you once an order is issued. You can receive up to $3,000 above the bond amount to help recover losses such as rent arrears, cleaning fees, damage repairs, and other tenancy expenses.

Oxygen then manages the recovery process with the tenant, so you don’t need to be involved.

Why Hawke’s Bay landlords find this valuable

More than just a rent guarantee

Other guarantees may only cover rent. This one supports a broader range of costs
Provides up to $3,000 in addition to the tenant’s bond
Covers unpaid rent, cleaning, damage, utility debt, rubbish removal, and more
Helps secure your rental income and limit financial loss
No excess, no holdbacks, and no delays

How it works

Available to landlords whose tenants have been placed by Oxygen’s Property Management team
Once a Tribunal order is in place, Oxygen makes payment directly to you
Our team handles the debt recovery with the tenant
Payment is processed quickly once the order is received
Supported by experienced staff and efficient internal systems

Key details and flexibility

Cost is $3.50 per week
No long-term contract. You can opt in or out at any time
Covers more than rent. Applies to a range of tenancy-related losses
Covers any amount not recovered from the tenant’s bond up to $3,000
Designed to give Hawke’s Bay landlords added confidence and financial relief

Why we introduced this Guarantee

Even with solid screening processes and good property management, some tenancies end with unpaid costs. A four week bond doesn’t always cover everything, particularly if multiple issues arise.

This Guarantee provides an extra level of support. It helps landlords in Hawke’s Bay recover losses more quickly and removes the burden of following up with tenants, so you can focus on the bigger picture.