Rhino’s Security Deposit Alternative product replaces cash security deposits with a smart, affordable option for renters can maintain control of their cash. Instead of a large upfront cash security deposit, renters can sign up with Rhino for a low-cost policy that secures the home for the property owner in case of a covered loss, such as excessive damages or unpaid rent. Rhino is available to eligible renters. The application takes just minutes, and renters can complete it quickly after receiving a Rhino invite.