Rhino's Security Deposit Insurance product replaces cash security deposits with smart, affordable insurance so renters can maintain control of their cash. Instead of a large upfront cash security deposit, renters pay Rhino a small fee, and a Rhino policy secures the home for the property owner in case of damages or unpaid fees, such as unpaid rent.
Rhino is available to eligible renters through their property owner and is available at any property that partners with us. Our application process takes just minutes and signing up for Rhino will save you from having to pay an upfront cash security deposit (which could be thousands of dollars).
Do I get my payments back at the end of the lease like a security deposit?
Rhino replaces the need for a large security deposit and your payments are not refunded at the end of your lease. Rhino fulfills the same requirement as a deposit, but at a fraction of the cost.