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 Rhino insures the home for the property owner in case of damages or unpaid rent that might occur.
Our enrollment 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).
How does Rhino work?
Rhino is security deposit insurance that replaces the need for a traditional security deposit.
Instead of a large upfront cash security deposit, renters pay Rhino a small fee, and Rhino insures each home for the property owner in case of damages and lost rent that might occur.
Rhino is available to renters through their property owner and is available at any property that partners with us.
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.