In technical terms, Jetty Deposit is what's known as a surety bond—a special type of 'insurance-like' agreement between three people or parties. In this case, those parties are you, us, and your landlord. You can learn more about surety bonds in our blog post on the subject.
The most important detail you should know as a renter is that the fee you pay for Jetty Deposit does not cover damages or skipped rent. You’ll still be responsible for any damage and for paying your rent each month—and if you fail to meet those responsibilities, Jetty assumes the role of collection.
Issuance of coverage is subject to underwriting review and approval. Coverage may not be available in all states. Please see a copy of the policy for the full terms, conditions and exclusions. Policy obligations are the sole responsibility of State National Insurance Company, Inc. (NAIC No. 12831), Bedford, TX, in all states except Florida, and National Specialty Insurance Company (NAIC No. 22608), Bedford, TX, in Florida (collectively, “State National”). Coverage scenarios are hypothetical and shown for illustrative purposes only. Coverage is dependent on the actual facts and circumstances giving rise to a claim.
Jetty Insurance Agency LLC (Jetty) is an insurance agency licensed to sell property-casualty insurance products. Jetty will receive compensation from State National for such sales. Refer to the Legal Notices section for additional information.