Zero Security Deposit

House2home Properties offers a no security deposit option to approved applicants who wish to dramatically lower their move in costs.

Rather than pay a large security deposit upfront, residents can avoid a security deposit entirely and pay a monthly fee for lease insurance or security deposit insurance.

So, what is lease insurance or security deposit insurance?

It’s a policy that a resident can pay monthly, which insures against property damage caused by a resident after they vacate. It is not a payment plan towards a security deposit.

It’s an insurance solution that replaces deposits. The resident pays a non-refundable monthly fee (which will be included with their rent), for as long as the resident has a lease and resides in the property.

So, if there’s property damage after a resident vacates, House2home Properties would first contact the resident who caused the damage for reimbursement of the repair cost. If unsuccessful, House2home Properties would then file a lease insurance claim for the cost of the repairs.

If there was no damage when a resident vacates, then obviously no claim would be submitted.