We are committed to fairer housing
For tenants, a security cash deposit is a significant hardship and inefficient use of money. Garentii is a simple and cost-effective alternative to conventional cash deposits, putting additional funds in renters' pockets.
Because Garentii Deposit replacement insurance replaces traditional cash deposits with low-cost insurance, it drastically reduces move-in expenses for tenants, helping property managers or landlords in boosting lease conversions while also making a meaningful social benefit.
Here's the difference for renters:
Garentii is a licensed insurance MGA under §34d GewO. Garentii deposit alternative is available throughout Germany.
We make sure we are transparent so that:
- Renters are aware that they have the choice to use Garentii.
- Renters understand they are buying a financial product and that they're accountable for any claims being made against their Garentii Deposit insurance at the time of move-out like damage to property or unpaid rent.
- Renters are aware that payments towards premiums (whether monthly or yearly) are non-refundable.
In most cases, about 85% of renters prefer Garentii over traditional cash deposits. That's because it just makes perfect sense.
With Garentii, instead of paying 3-month rent of cash deposit, renters only pay a small fee and keep more money in their wallets.
Whenever real estate landlords work alongside us to provide a Garentii Deposit alternative, they offer everybody who passes through the door the decision because it is the proper thing to do.
Renters who choose to go with the Garentii Deposit alternative do so directly with Garentii. Two minutes is all it takes to get a quote.
Garentii makes renting more accessible and affordable for everyone by offering renters flexibility and providing landlords with a better protection.
This is a win-win situation for everyone.
Interested in Garentii for your property?
