Alternative insurance and renters deposit solutions can help lower move-in costs for residents, streamline your leasing and resident onboarding process. Say goodbye to the hassle of security deposits and hello to a better way of doing business with alternative insurance and renters deposit solutions for multifamily properties.



Offer renters a financial amenity that helps set them up for success, while strengthening your earning potential—at zero cost to you. TheGuarantors offers deposit coverage and renters insurance that improves ROI. Our data-powered portal easily integrates with your property management system for a simplified application process.
With Assurant’s FlexDeposit surety bond, you get the same property coverage as a traditional deposit while your residents get lower upfront move-in costs. So, whether you’re dealing with a younger, up-and-comer renter or a renter looking to downsize, you can increase your occupancy without sacrificing your protection.
Multifamily housing partners face risks every day. To limit liability from resident-caused damage, they turn to Assurant. We offer a complete portfolio of risk mitigation solutions that go far beyond renters’ insurance. Cover360 is a simple solution that makes it easy for residents to pay their renter's insurance premiums with their monthly rent and easy for you to ensure each policy is kept in place with automatic tracking. Designed to increase participation and eliminate coverage gaps.
Provide a more affordable move-in experience by replacing deposits with low-cost deposit insurance policies with Entrata DepositInsure™. No more back-and-forth emails or API connections with third-party carriers. With DepositInsure™, you keep claims within your native system on the resident card. Just click “File a Claim.” DepositInsure™ is the ideal deposit alternative for property owners and operators.
Entrata TotalInsure is the only renter’s insurance program that offers full-service management and completely integrates with your workflows. When negligent damages happen, you don’t have to think twice about whether or not you’re covered. Total Insure provides move-in to move-out coverage with the highest level of protection. Enjoy one-step policy enrollment that fits perfectly within your leasing process, from applicant to resident.
ePremium is the gold standard in renters insurance within the apartment industry. Our expertise comes from years of experience focusing only on improving and enhancing our renters insurance program. We are the only company in the multifamily housing industry with a sole focus on renters insurance and security deposit alternative programs.
At Get Covered, we're alleviating insurance headaches for residents and managers. Get Covered offers insurance coverage for renters that protects personal belongings, meets liability requirements and much more. Flexible policies backed by an AM Best: A rated carrier with options for pet damage, identity fraud, and theft/vandalism. We offer coverage options up to $300k liability and $100k in contents.
Jetty is the financial services company for real estate. Our products are designed to improve the financial lives of renters and their property managers. Jetty Deposit is the deposit replacement solution that increases leasing velocity and reduces bad debt. Just like traditional cash deposits, Jetty Deposit will cover you for lost rent, damage to your units, and unpaid fees. Low-cost policies reduce the financial burden on renters and remove the need to accept and manage cash.
Powered by our ledger data platform and AI risk engine, lease insurance from LeaseLock eliminates security deposits for good, turning unpredictable loss and damage into dependable operating income and greater asset value. Our ledger data platform is integrated with leading enterprise PMS software, unlocking millions of ledgers to power loss prediction by property. Our AI risk engine runs tens of thousands of simulations to optimize coverage by property to yield maximum absorption of balances.
Lighthouse insurance is a modern alternative to the outdated cash security deposit and is paid for 100% by the tenant. Simply select your coverage, invite your tenants, and move on to your next task knowing we’ve got you covered. Sit back while we set things up for you to begin using, same-day. No more extra trust accounts, bad debt, or worrying about how to give deposits back within required time limits.
RealPage DepositIQ replaces the upfront security deposit and lets you offer residents the option of purchasing an affordable one-time, non-refundable surety bond that guarantees lease obligations instead. Tackle bad debt, get ahead of regulatory laws and increase efficiency with RealPage's security deposit alternatives.
ResidentRadius provides operators of multifamily, student, single, and affordable housing a single stack solution to security deposit management that is integrated with 3rd party deposit alternatives and legacy cash management systems. ResidentRadius offers deposit management, eviction mitigation repayment plans, and a whole suite of centralized services to reduce operator responsibilities.
Rhino+ streamlines your workflow so you can manage your renters, security deposits, and protection in one place. Our security deposit insurance allows for flexible coverage, giving you the protection you need from bad debt and excessive damages. Rhino+ integrates into your PMS so you can view and manage security deposits, insurance policies, claims, properties, and invitations in one place.
Roost automates your cash security deposit management to reduce costs by up to 80%, stay compliant, and provide your residents with meaningful financial amenities. Outsource the repetitive, time-consuming security deposit tasks to Roost so your team can focus on revenue-generating activities instead. Save your site and accounting team time by streamlining payments, holding interest, jurisdictional compliance, and the refunds payable process.
Reduce risk and gain peace of mind with simplified renters insurance. ResidentShield Protection Plan safeguards owner assets and provides reliable coverage to renters with ResidentShield renters insurance and ResidentShield Master Policy Program. ResidentShield Deposit issues surety bonds that meet your security deposit requirements and protect your properties.
With features like low-cost coverage, simplified claims processes, and faster move-ins, alternative insurance and deposit solutions make it easier for residents to secure their apartments and for managers to streamline their operations. Security deposit insurance allows your residents to move in with just a small fee instead of a traditional deposit, and liability insurance can cover potential damages caused by residents. Customizable renters insurance programs can be offered to residents at a discounted rate, ensuring their belongings are protected while they call your community home.
Operators should evaluate the reliability and financial stability of the provider, and compare the coverage options and pricing of each solution to ensure that they provide adequate protection for their residents and their community. The level of customer support and ease of use provided by each solution is a critical consideration, as this can greatly impact the resident experience. Mobile app accessibility or online claims processing can also help streamline the rental process and provide a more convenient experience for residents.
Alternative insurance and deposit solutions provide a range of benefits that make renting apartments easier and more rewarding for both property managers and residents. These solutions can help property managers reduce administrative tasks, lower vacancy rates, and increase resident satisfaction. They provide residents with affordable options to secure their homes, without having to pay a large upfront deposit.