Olli Insurance
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Specialty & Travel

Security Deposit Replacement

Move in without a large upfront security deposit.

Coverage Amount

Carrier Depending

Tenant Fee

Fraction of deposit

Unpaid Rent

Covered

Claim Process

Simple & Fast

What does Security Deposit Replacement cover?

Security Deposit Replacement is an alternative to traditional cash security deposits. Tenants pay a small, affordable fee instead of tying up thousands of dollars in a deposit, while landlords have coverage up to the deposit amount for tenant-caused damage, subject to policy terms.

What's included?

Replaces traditional cash security deposit
Affordable one-time or monthly fee
Landlord coverage up to the deposit amount
Tenant retains cash for other needs
Covers tenant-caused property damage
Covers unpaid rent up to deposit equivalent
Simple claims process for landlords
Available for new and renewal leases

What are the limits and deductibles?

Coverage AmountCarrier Depending
Tenant FeeFraction of deposit
Unpaid RentCovered
Claim ProcessSimple & Fast

Underwritten by

Multiple Carriers

Products are underwritten by licensed insurance carriers. Coverage availability and terms vary by state.

Coverage

Carrier Depending

DeductibleCarrier Depending
Eligible Ages18–75
CategorySpecialty & Travel

No commitment required. Our team will respond within 24 hours.

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Not sure if this is the right fit?

Browse all 31 programs to compare coverage options, or contact our team for a personalized recommendation.