Offer an attractive incentive for lease signing while retaining the coverage you expect from traditional security deposits.
Whether you want to attract and retain residents, or you need to comply with state and municipal requirements to offer cash deposit alternatives, FlexDeposit® can help. It’s a hassle-free security deposit alternative that leverages a risk-based surety bond to help mitigate financial risk. Residents pay a fraction of traditional deposit costs at move-in. You get a guarantee you’ll receive payment up to the full bond amount, and it’s the only deposit alternative that comes with integrated collections should any overages need to be collected after residents move out.
A rising demand for security deposit alternatives
Increase your occupancy without sacrificing your protection
With our FlexDeposit surety bond, you get the same property coverage as a traditional deposit while your residents get lower up-front 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.
Get more information on deposit alternatives.
Let’s talk about how Assurant can help provide more financial stability.