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Lease Flexibility Coverage

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What is Lease Flexibility Coverage?

Lease Flexibility Coverage from Cios covers you for rent obligations and lease break fees if you need to move out of your apartment prematurely. It's designed for situations like job relocations or college transfers, offering peace of mind by eliminating the burden of paying thousands in early move-out fees.
Coverage for

Fees owed

Lease Flexibility Coverage from Cios covers you for all early termination penalties and fees charged to you at move-out for up to $2,500.
Optional add-on fees owed coverage is available for amounts up to $7,000.
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Coverage for

Rent owed

Lease Flexibility Coverage from Cios covers you for rent owed from your move-out until re-lease or the end of your lease up to $1,250 per month for up to 3 months.
Optional add-on coverage is available for rents up to $3,500 per month for up to 6 months.

How does it work?

Lease Flexibility Coverage from Cios makes signing up for coverage easy and transparent, with no hidden fees or long applications. Enjoy total peace of mind knowing that if your apartment qualifies, signing up is as simple as 1, 2, 3.
Step 1

See if your apartment is eligible

Step 2

Tell us about yourself and your lease

Step 3

Choose and activate your coverage

Coverage for all of life's moves

Lease Flexibility Coverage from Cios provides full coverage for rent obligations and lease break fees whether you're a first-time renter or you're an expert.

If you graduate early

We'll cover your remaining rent and any break fees if you graduate ahead of schedule and decide to move out early.

If you transfer colleges

We'll cover your remaining rent and any break fees if you're approved to transfer to a different college.

If you drop out of college

We'll cover your remaining rent and any break fees if you withdraw from college and decide to move back home.

If you're dismissed from school

We'll cover your remaining rent and any break fees if you're dismissed from college for academic reasons.

If you get sick during the year

We'll cover your remaining rent and any break fees if you're approved for medical leave and want to move home.

If you land an internship

We'll cover your remaining rent and any break fees if you relocate for an internship during the school year.

If you relocate for work

We'll cover your remaining rent and any break fees if you need to relocate for your current job or to accept a new job offer.

If your job gets rid of remote work

We'll cover your remaining rent and any break fees if you work remote and you're required to return to the office.

If you lose your current job

We'll cover your remaining rent and any break fees if you're laid off from your job and you need to move out.

If you buy your first home

We'll cover your remaining rent and any break fees if you buy a home you plan on living in as your primary residence before the end of your lease.

If you legally separate or get divorced

We'll cover your remaining rent and any break fees if you get married or enter into a civil union with a significant other and need to move in together.

If you get married or enter a civil union

We'll cover your remaining rent and any break fees if you get divorced or separate legally from a significant other and need to move out of your apartment.

Add coverage for you and your roommates

Lease Flexibility Coverage from Cios can cover your entire lease, including claims made by your roommates outside of your control.
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Add coverage to cover larger leases

Lease Flexibility Coverage from Cios gives you the flexibility to expand coverage to up to $3,500 per month of rent for up to 6 months and $7,000 of fees owed to cover larger, more expensive leases.

Smart questions you might be asking

Renting is hard enough as it is, so we worked to make Lease Flexibility Coverage as easy as possible to understand.

What is Lease Flexibility Coverage?

Lease Flexibility Coverage is a new kind of insurance coverage from Cios that protects you from having to pay remaining rent and lease break fees owed in the event you need to move out before the end of your lease.

Why would I need Lease Flexibility Coverage?

We recommend that all renters consider purchasing Lease Flexibility Coverage. Whether you're a student who might transfer or graduate early, or a long-term renter thinking about career progression in a new role, you never know what life will throw your way.

What does a Cios Lease Flexibility Policy Cover?

Your policy covers you for remaining rent and lease break fees owed to your landlord in the event you decide to move out early before the end of your lease. For example, if you were to relocate for a new job midway through your lease agreement.

How much does it cost?

Lease Flexibility Coverage starts at 2% of rent per month, but varies by state and depends on factors including your location, the type of apartment you're renting, as well as the coverage you choose.

How do I submit a claim?

Just open the Cios app at app.getcios.com and hit the ‘Claims’ button. We’ll guide you through the process from there. After your report is complete. Once your claim is approved, we’ll confirm your move-out date with you and your landlord, and send payments minus any deductibles directly to your tenant account with your landlord.

What if I want to cancel my policy or make changes to it?

You can cancel your policy at any time via the Cios app or website at app.getcios.com, and you’ll receive a refund for the remaining period you’ve already paid for. If you want to change your coverage amounts or add additional coverage, simply open the Cios app or access your account at app.getcios.com.
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