Right insurance company in Switzerland

Switzerland is a great place to live and work. However, those rentals may make you change your mind!

Did you know that most people find it quite hard to get a good rental because the required deposits are too high? The amount you will be required to pa ma take out a huge chunk of what you need to use to settledown. This is why insurance companies like" come in handy.

You can find insurance companies, Firstcaution which deal with rental deposit guarantees. What you need is to pay a premium and the company will become a guarantor.

Each time you need to pay a certain amount to cater to any services to repair damages that may have occurred when you are living in your rental of choice that insurance company will take care of it. By paying the insurance premiums, you will be ensuring that the money you would have paid for that large deposit goes back into your pocket. You can use that money to settle down, furnish your home and even making investments.

When working with insurance companies that deal with rental deposits, make sure that your premiums are calculated as tightly as possible. You only want to pay for the time that you spend in your rental home, and not an hour more. Ensure therefore that you do your research, use online calculators to determine your premiums based on your rental period and deposit, and find the right insurance company for your needs.

The Swiss Financial Market Supervisory Authority (FINMA) has set down the guidelines that regulate the rental deposit insurance industry. When choosing an insurance company to provide you with that kind of coverage, ensure that it has met all the specifications set down by FINMA. That way, your rights, as well as the property owner's can be safeguarded.

It is important that your insurance covers any amount of rent, and rental deposit required. You also want to have a smooth claims experience, which will enable the property owner to get his funds as soon as all the relevant documents have been processed. FINMA-compliant companies like‘ are therefore, the way to go.