Jetty Deposit is a deposit alternative product that replaces a traditional cash deposit with a one-time, non-refundable fee.
Instead of paying a full security deposit, Jetty Deposit gives you the option to pay a fraction of the amount, which serves as a Jetty-backed guarantee to your landlord that they’ll be protected in the event that you fail to pay for damage or skipped rent.
Keep in mind that if you purchase Jetty Deposit, you’re agreeing not to cause damage beyond standard wear and tear on your rental home, and you remain responsible for keeping it in good condition. And if you do cause excessive damage and fail to pay, Jetty assumes the responsibility of recovering the cost from you.
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.