Is say rhino legit?
Its website says “Rhino is low-cost insurance that satisfies your security deposit requirement” and claims it “works just like a deposit does.” But this is inaccurate. But unlike insurance premiums, the nonrefundable fees that renters pay for these bonds don’t buy them any “coverage” from claims.
What is a rhino deposit?
Rhino is security deposit insurance that replaces the need for a traditional security deposit. Instead of a large upfront cash security deposit, renters pay Rhino a small monthly fee, and Rhino insures each home for the property owner in case of damages and lost rent that might occur.
Is Rhino an insurance company?
Rhino is a licensed insurance agency that transacts insurance and gives renters financial alternatives to afford the homes they want. It is a smart alternative to security deposits and acts as a general agent for one or more insurance carriers. Rhino was founded in 2017 and is headquartered in New York, New York.
How much does Rhino guarantor cost?
Rhino, which started in late 2017, has helped pioneer an insurance option: Tenants pay a nonrefundable monthly fee (about $13 for a $3,000-a-month apartment) instead of a deposit, and Rhino insures the apartment, paying the landlord for any damages.
What is Rhino deposit free?
Rhino is a deposit insurance type plan that replaces security deposits. It allows us to market the properties as deposit-free. The cost of moving paired with first month’s rent and security deposits is extremely high. This can be cost-prohibitive or deterrent to many tenants.
Does Rhino work as a guarantor?
Can Rhino be my guarantor? Yes, Rhino policies can also provide lease guaranty for renters that need it. When renters enroll with Rhino, we protect their unit the way a security deposit does.
What is rhino deposit free?
How much is Rhino per month?
Rhino is security deposit insurance. Instead of paying the security deposit amount in cash at the time of the lease — renters pay a monthly fee to Rhino, averaging $5-10 a month — to cover the security deposit. Using Rhino frees up renters’ cash so that they can afford renters insurance and other moving expenses.
How much is Rhino a month?
It is purchased for the term of the lease and renewed prior to finalizing any renewals. Policies for your tenants start at $5/month. We can set the amount they have to cover themselves just like a security deposit after running their application.
Is Rhino better than a security deposit?
What are the benefits of Rhino property insurance?
Rhino’s benefits for owners Lease faster and increase NOI Options that provide affordability are in high demand. Offering Rhino is a powerful closing tool that helps owners get more applicants in the door and fill vacancies faster.
Are there any unapproved rhino male enhancement products?
More recently, these unapproved products have been discovered in international mail shipments to the U.S. These products are often sold in single-serving package sizes. Rhino products include names such as Platinum Rhino 25000, Krazzy Rhino 25000 and Gold Rhino 25000.
Are there any side effects of taking Rhino?
The FDA has received reports of people experiencing chest pain, severe headaches and prolonged erections after taking a Rhino product that led to surgical intervention and hospitalization due to extreme drops in blood pressure.
Are there any rhino products that are FDA approved?
For example, the FDA has identified various Rhino products containing sildenafil and/or tadalafil, the active ingredients in the FDA-approved prescription drugs Viagra and Cialis, respectively.