Person signing a lease agreement
Rental guarantee

A surety bond to rent
without a property guarantor

A rental surety bond (seguro de caución) is an insurance policy the tenant takes out to guarantee the landlord the payments set in the lease. If the tenant does not pay, the insurer pays the landlord what the policy covers and then claims that debt from the tenant.

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  • Replaces the property guarantor
  • Policy issued in favor of the landlord
  • Price within 24 business hours

In short: the rental surety bond in 6 facts

Who takes it out and pays
The tenant, named as policyholder (tomador).
Who it is issued to
The landlord, named as the insured (asegurado), who gets paid if the tenant defaults.
What it guarantees
Unpaid rent and, depending on the policy, deposit, building fees, utilities and overstay.
Must the landlord accept it?
No. Since DNU 70/2023 guarantees are freely agreed (art. 1196, Civil and Commercial Code).
Who supervises the insurer
The national insurance regulator (SSN): insurers need authorization for the surety line.
If the tenant does not pay
The insurer pays the landlord what the policy covers and then claims it back from the tenant.

What is a rental surety bond and how is it different from a property guarantor?

It is an insurance policy that guarantees the landlord will receive what the tenant commits to pay under the lease: the tenant takes it out and pays for it, and the policy is issued in favor of the landlord. With a property guarantor, a person who owns real estate signs as guarantor and answers with their assets. With a surety bond nobody has to put up their property: an insurer answers instead.

Surety bond Property guarantor
Who guarantees An insurer authorized by the SSN A person who owns real estate and signs as guarantor
What the tenant needs Insurer approval and paying the policy Someone willing to act as guarantor and show their property documents
If the tenant does not pay The insurer pays under the policy and then claims from the tenant The landlord can claim from the guarantor, who can then claim from the tenant (art. 1592)
Legal framework Surety insurance line, supervised by the SSN Guarantee contract, arts. 1574 ff. of the Civil and Commercial Code
Read: surety bond or property guarantor, what works best today

Is the landlord required to accept a rental surety bond?

Not for leases signed today. Between 2020 and 2023, Rental Law 27,551 required the tenant to offer at least two guarantees (a surety bond could be one) and the landlord to accept one of them. DNU 70/2023 repealed that law, and the Civil and Commercial Code now lets the parties agree on guarantees freely: the landlord may accept the surety bond or ask for something else.

What the rules say today

In practice: before booking or signing, ask which guarantees the landlord accepts. If a surety bond is accepted, have the lease say so.

What does a rental surety bond cover?

It covers the tenant’s failure to pay, up to the sum insured stated in the policy. The core is unpaid rent; depending on the policy it can also cover the security deposit, ordinary building fees, utilities and months of overstay if the tenant does not return the property when the lease ends. It is not fire or property damage insurance.

Items usually included (always depending on the policy)

Check the limits: the sum insured is the most the insurer pays, and each item may have its own sub-limit. Also ask whether the sum follows rent adjustments: if it stays at the initial amount, inflation shrinks the cover.

Who is the policyholder, the insured and the beneficiary in a rental surety bond?

The policyholder (tomador) is the tenant: they apply, pay and sign an agreement with the insurer to repay whatever it pays on their behalf. The insured (asegurado) is the landlord, who gets paid if the tenant defaults; in a rental surety bond the beneficiary is that same insured. The insurer takes the place a guarantor would have.

Party Role in the policy What they do
Tenant Policyholder (tomador) Takes out and pays the policy. If the insurer pays on their behalf, they owe that money.
Landlord Insured and beneficiary Gets paid what the policy covers if the tenant does not pay.
Insurer Guarantor Pays the landlord and then claims from the tenant.
Real estate agency Intermediary Can handle the paperwork, but the policy is issued in favor of the landlord.

What do insurers ask for to issue a rental surety bond?

Before issuing the policy, the insurer assesses the tenant: who they are and whether they can prove income. The documents required and the income-to-rent ratio are set by each insurer; there is no legal requirement. If you are not approved, you will need another guarantee the landlord accepts.

Documents usually requested (each insurer sets the final list)

Read: how much it costs and what insurers ask for

Do you have your lease figures?

Request a quote with the rent, the deposit and the length: we reply with the price within 24 business hours.

Quote my surety bond

How much does a rental surety bond cost?

There is no single price: the cost is calculated on the amount guaranteed, which comes from the lease (rent for the term, the deposit and anything you add, such as building fees, utilities or overstay). Each insurer sets its rate based on that amount, the term and its assessment of the tenant. That is why it pays to quote with the real figures of your lease: with them we send you the price within 24 business hours.

What drives the price

We do not publish a reference percentage because it varies by insurer, amount and tenant profile. The figure that counts is the one in your quote.

Can a surety bond be used for a commercial lease?

Yes. Rental surety bonds are not only for housing: they are also used for shops, offices and other commercial premises. What changes are the requirements, because if the tenant is a company the insurer assesses the company and asks for corporate and accounting documents. And if a commercial lease sets no term, the Civil and Commercial Code sets 3 years (art. 1198).

Read: surety bonds for commercial leases, step by step

What happens if I stop paying rent and I have a surety bond?

The debt does not go away: it changes creditor. If you do not pay, the landlord sends you a formal demand and, if you do not settle, claims from the insurer following the policy steps; the insurer pays what is covered and then claims it back from you. The landlord can also terminate the lease and seek eviction.

How does a rental surety bond relate to fire insurance for the rental?

They are different policies that many leases require together. The surety bond guarantees the landlord gets paid what the tenant owes; fire insurance covers the property (and, if you add it, your belongings) against fire. Fire insurance is usually taken out by the tenant with a clause in favor of the landlord; the guarantor, whether a person or the surety insurer, is not the policyholder of that policy.

See the fire insurance guide for tenants

What do I need to get a rental surety bond quote?

The lease figures are enough to start: first month’s rent, the security deposit and the length in months. If you want the policy to cover building fees, utilities or overstay too, add those amounts and how many months to cover. With that we reply with the price within 24 business hours, and the policy is issued in the landlord’s name to be signed along with the lease.

Request a quote

More frequently asked questions

Does the surety bond replace the security deposit?

It can, if the landlord accepts it and the policy includes it: then you do not hand over a cash deposit. Since DNU 70/2023 the amount and form of the deposit are freely agreed (art. 1196 of the Civil and Commercial Code), so the lease defines it.

How long does the policy last and what if I renew the lease?

The policy sets its term. Under the model the SSN approved in 2020 it was annual, renewing automatically until the tenant met all obligations. If the lease is renewed or changed, check with the insurer that the guarantee follows: under that same model, landlord and tenant could not amend the guaranteed lease without the insurer’s consent.

Can I get a surety bond if I am self-employed or have no payslip?

It depends on the insurer: what it assesses is whether you can prove income. Without a payslip, ask which other proof it accepts, such as an income certification or your tax returns.

What if my lease was signed before DNU 70/2023?

It generally keeps the rules it was signed under: the Civil and Commercial Code provides that new default rules do not apply to contracts already running (art. 7). The guarantee agreed in that lease stands until it ends.

How do I know the surety insurer is authorized?

In Argentina an insurer can only operate in the lines the national insurance regulator (SSN) has expressly authorized, and surety is one of those lines. You can check it with the SSN’s authorized entities search on its official website.

I am a real estate agency: can I handle my tenants’ surety bonds?

Yes. We run a program for agencies and property managers: the surety bond and the property cover are quoted and issued in a single process, with Victoria Seguros, and the agency earns a commission per closed deal.

Legal framework and sources

General information, checked against official sources on 24 September 2026. It does not replace your policy or legal advice: the exact cover is what the conditions of the policy you sign say.

  1. Civil and Commercial Code (updated text, Infoleg)

    Leases: arts. 1187 to 1226 (guarantees, art. 1196; term, art. 1198; prior demand before eviction, art. 1222; guarantor in leases, art. 1225). Guarantees: arts. 1574 ff. Effect of laws over time: art. 7.

  2. Decree of Necessity and Urgency 70/2023 (Official Gazette, 21/12/2023)

    Art. 249 repeals Law 27,551. Arts. 255 to 263 amend the lease chapter of the Code.

  3. Rental Law 27,551 (Infoleg, repealed)

    Art. 13: guarantee rules for residential leases between 2020 and 2023.

  4. Law 26,122 (Infoleg)

    Art. 24: a decree of necessity and urgency is repealed only if both chambers of Congress reject it.

  5. Argentine Senate: DNU 70/2023 was not approved by the Senate (14/03/2024)

    Rejected 42 to 25; the decree went to the Chamber of Deputies.

  6. National Insurance Regulator (SSN), Resolution 384/2025 (Official Gazette, 29/07/2025)

    Adds guidelines for surety-line plans and repeals SSN Res. 376/2020.

  7. National Insurance Regulator (SSN), Resolution 376/2020 (Infoleg, repealed)

    General conditions of the surety bond for residential leases. Quoted for reference only.

  8. National Insurance Regulator (SSN) official website

    The agency that authorizes and supervises insurers.

Quote your surety bond with your lease figures

We reply with the price within 24 business hours. The policy is issued in the landlord’s name and signed along with the lease.

Quote my surety bond Call +5411 7078-7068