What seemed like a good idea turned out to be poorly executed. As a landlord, I wanted to offer this as a low-cost option for tenants. Unfortunately, the process for accessing the security deposit is broken, with constant error messages on their website. There's no phone support, leaving me stuck in endless email exchanges. I will never use this service again, either as a renter or a landlord.
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Rhino replaces cash security deposits with an affordable insurance that renters buy on behalf of the property owner.