Move In Residents. Move Out Risk.
Alternatives to cash deposits are increasingly becoming part of the property management landscape. Even before COVID-19, traditional security deposits were often a financial burden for residents that deterred them from signing a lease. But, for property managers, offering a deposit alternative that lowers resident move-in costs hasn't always been hassle-free.
Thankfully, not all security deposit alternatives are created equal. At Assurant, we created a suite of deposit solutions that helps you lower move-in costs for residents, easily manage your deposits online and quickly collect resident-owed balances when a renter moves out. Whether you're responding to new state and municipal requirements to offer cash deposit alternatives or you're focused on making your properties more competitive, we can help.