Deposit Guarantee+ is a digital alternative to a traditional cash deposit. Instead of transferring the deposit amount into an account, you use a guarantee issued by SV SparkassenVersicherung. This provides your landlord with protection against potential claims arising from the tenancy – without you having to pay the entire deposit upfront.

You keep more financial flexibility for your move, furniture or other important expenses. Your deposit amount is not tied up as a cash deposit. You can also take out Deposit Guarantee+ digitally and manage it conveniently online.

With Deposit Guarantee+, your landlord receives reliable protection against potential claims arising from the tenancy, for example unpaid rent, service charges or damage to the property. The guarantee certificate is provided digitally and can be easily downloaded once you have shared it.

One particular benefit: in a justified case, your landlord can make a claim under the guarantee on first demand. This means payment can generally be made quickly and easily, similar to a cash deposit.

Many landlords accept this type of protection because it is legally equivalent to a cash deposit and generally involves less administrative work for them. However, please make sure to discuss this with your landlord before purchasing the product.

Yes, Deposit Guarantee+ can replace a traditional cash deposit if your landlord accepts this form of protection. Instead of receiving money, your landlord receives a guarantee certificate as security.

Deposit Guarantee+ is intended for private residential tenancies in Germany. The product always relates to the specific tenancy and landlord you provide. Currently, Deposit Guarantee+ is only available for private landlords. Property management companies and housing associations cannot currently be registered as landlords.

The guarantee amount corresponds to the deposit agreed in your rental agreement. It may not exceed three months’ net cold rent – the maximum rental security permitted by law.

You stay financially flexible, avoid a large one-off payment and can use your money for other expenses.

The cost is usually a small annual fee, depending on the amount of your rental deposit.

No. The guaranteed amount is not paid out to you. It serves solely as protection for your landlord. A payment can only be made to your landlord if they make a justified claim under the guarantee.

Yes. If the insurer pays your landlord, you must reimburse the amount paid out. The guarantee does not protect you against justified claims arising from the tenancy; it replaces the cash deposit as security for your landlord.

Yes. A risk and credit check is carried out before your application is accepted. If the result is positive and all required information is complete, the deposit guarantee can be issued.

In this case, no deposit guarantee will be issued and you will be informed. If you have already made a payment, it will be refunded. Your rental agreement remains unaffected – you would then need to agree on another form of deposit with your landlord.

Once you have successfully completed your purchase, you must actively share the guarantee certificate with your landlord. You can do this in the self-service portal; we will send you the link after your purchase. Your landlord can then download the certificate.

Protection does not start automatically when you take out the product. Your landlord must download and thereby accept the guarantee certificate. However, the insurer’s liability begins no earlier than the start date of the guarantee. Even if your landlord downloads the certificate before then, liability will not start before that date.

Yes. Your landlord can download and thereby accept the certificate before the guarantee’s start date. Please note: the insurer’s liability still begins only on the agreed start date of the guarantee.

Yes. You can initiate your withdrawal from the group insurance, which is equivalent to cancellation. However, the guarantee only ends when your landlord releases the insurer from the guarantee. As long as your landlord still needs the protection, the guarantee remains in place.