The rent deposit from goCaution AG is an innovative and flexible way of providing security for all tenants in Switzerland who want to save their wallet in order to remain liquid or who want to fulfill other wishes at the same time. Because instead... of having to block the money in a rent deposit at a bank, as was previously the case, your landlord receives a security deposit certificate from goCaution, which secures the required rent deposit.
goCaution instead of bank deposit
Enjoy more financial freedom when you move into a new apartment with rent deposit insurance. Rent deposit insurance replaces your deposit so you can spend more money on furniture or other things.
This is how goCaution rental deposit insurance works
The tenant pays an annual premium to goCaution. In return, goCaution AG is liable for the amount of the rent deposit due to the landlord. However, rental deposit insurance should not be confused with liability insurance. Payments made by the insurance company on behalf of the tenant in the event of damage must be repaid.
So even though this type of deposit is called security deposit insurance, it differs from classic insurance.
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Profile active since 10/28/2021 | Last update: 09/25/2023
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