When renting a flat or house in Switzerland, the landlord usually demands the payment of a rental deposit which often amounts up to three months rent. This deposit serves as a safeguard for the landlord and will be paid back to you when moving out. The rental deposit insurance is an interesting alternative to the payment of the rental deposit. In return for the annual premiums, the insurance company assumes the guarantee for the amount of the rental deposit to the landlord. The benefits of this insurance are numerous: More security for you and the landlord through damage coverage by the insurance, the termination is easy without having to wait long for the refund and any inconvenience will be clarified by the insurance.
