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Old 01.01.2014, 22:40
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Re: SwissCaution - the apartment deposit lenders thread

Will SwissCaution settle unpaid rents if a tenant fails to pay the rent or disappears in thin air, say from a furnished apartment? With money deposited in a bank account (usually the bank of the landlord) I guess the flat owner has a fair chance to recuperate the unpaid rent out of the deposit. The by laws of SwissCaution may say "we shall only guarantee for repair cost". If this is so, landlords may not wish to work with SwissCaution, for fear of to much hassle.

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