In case of the damage, your landlord has a possibility to file a claim against you. This can happen only one time during the guarantee period in a maximum amount of the sum agreed in the guarantee contract. In case your landlord files a claim, your guarantee ends and you will have 7 days to pay the amount.
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Your cash is not tied up with large security deposits, which are very rarely used.
Statistically, there are less unlawful claims by landlords if the cash is held somewhere else.
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Our fee is lower than most credit institutions would ask for a loan of the same amount.
Bailsman guarantees are provided by registered financial institutions, keeping your mind at peace.