What is the cost of Deposit Insurance for a Tenant?

The cost of a policy is 10% of the traditional cash deposit for a 1 year lease, 15% for a 2 year lease and 20% for a 3 year lease. For example, if cash deposit is £2,000, for a 1 year lease then deposit insurance premium would be £200, plus insurance premium tax (currently 12%) and 10% Canopy admin fee.

How can we help?

Suggested Topics

DepositFree™ Insurance

Still need help?
Contact Us