What is Security Deposit Insurance and is it Worth it?

Most landlords require a security deposit and the first month’s rent when signing a lease. However, there are other solutions for landlords that help protect your property and your finances. Today we’ll discuss security deposit insurance vs cash payments and help you decide whether it’s beneficial for both parties.

00:36 – What is Security Deposit Insurance?
01:21 – Pros and Cons of Security Deposit Insurance
01:45 – Benefits of Security Deposit Insurance for Tenants
02:15 – Why Would Security Deposit Insurance be Good for Landlords?
03:00 – Disadvantages for Tenants
03:49 – Downside of Deposit Insurance for Landlords
04:14 – Is Security Deposit Insurance Necessary?

[mozaharali]

Outstanding. I get useful information.

[bxixjbd]

Seems like it would be in the bond company's best interest to not challenge claims. They rely on apartments and landlords offering their service.