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Deposit Alternative Misconceptions

What’s true, what’s false, and everything in between

Myth 1: There’s a maximum number of claims I can submit with a deposit alternative

Myth 2: If I submit too many claims a deposit alternative provider won’t want to work with me

Myth 3: Deposit alternatives are meant to attract less qualified, higher-risk renters.

Myth 4: All deposit alternatives use pooled coverage

Myth 5: If a renter stops paying for their deposit insurance, owners are left unprotected

Myth 6: Deposit alternatives aren’t as good as cash on hand

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Our mission is to give renters financial alternatives to afford the homes they want.

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