By taking out a rental deposit insurance, tenants can freely dispose of the deposit money and use it for other purposes, e.g. new furniture, transport and cleaning costs or a savings account.
- ✓Savings from the cash deposit remain freely available
- ✓No liquidity shortages when moving
- ✓No double burden (old deposit not yet released, new one already due)
- ✓Avoidance of expensive and inflexible loans
- ✓Can be used as interim financing (insurance can later be converted into a cash deposit)
Gut zu wissen
Please note: ongoing costs arise in the form of an annual premium. The rental deposit insurance does not provide insurance cover for the tenant – it is a surety bond in favour of the landlord.
