Skip the Deposit
Insurance-backed deposit alternative for letting agents, landlords and tenants.
About Skip the Deposit
Skip the Deposit is an insurance-backed alternative to a traditional cash tenancy deposit. It helps letting agents and landlords remove a major barrier to moving in while retaining protection up to the standard deposit value.
• Help suitable tenants move in sooner, supporting faster lets and fewer void periods.
• A national tenant claims database helps agents flag risk earlier, before a tenancy is agreed.
Who it is for Skip the Deposit is designed for UK letting agents and landlords who want to speed up move-ins, give tenants an alternative to a large upfront cash deposit, and retain robust deposit protection.
Key features
- Insurance-backed alternative to a cash tenancy deposit
- 12.5% commission on every policy, including annual renewals
- Policies can be issued in around three minutes, with no upfront cost or minimum volume
- 72-hour target payout on claims using app-based video evidence
- National tenant claims database for earlier risk checks
- Designed to help letting agents and landlords speed up move-ins while retaining deposit protection