Rhino

Rhino (legal name Rhino Labs, Inc.) is a New York-based company operating at the intersection of real estate and insurance. Its core product is security deposit insurance: instead of paying a large upfront cash security deposit, a renter pays Rhino a smaller recurring fee, and Rhino insures the property owner against damages and lost rent. The company states it pioneered this product in 2017. Rhino also sells renters insurance, providing contents and liability coverage that landlords frequently require at move-in.

In November 2022, Rhino expanded beyond insurance into cash deposit handling by agreeing to acquire the technology and assets of Deposify, a cash deposit collection and compliance platform for landlords and property managers. The combined offering was positioned as an end-to-end deposit management and compliance platform covering both insured and cash deposits. At the same time Rhino announced Credit+, a free rent-reporting service that lets renters at partner communities build credit history, available exclusively through partners using Rhino's deposit management platform.

Rhino operates a self-service help center segmented by renters and partners, covering coverage terms, billing, claims, move-out, policy renewal and cancellation, resident enrollment, policy servicing and marketing materials, plus a beta AI assistant for answering support questions. Support is provided by email only, Monday through Friday, 9 AM to 5 PM ET.