Thriver
Deposit waiver built into the move-in checklist
Thriver's deposit waiver appears in your move-in checklist next to the cash deposit, already priced from the data Venn has, so residents choose in one tap without a separate application. The fee is paid once and covers the full stay.
- Priced before the resident lands. No decline moment.
- One-time fee for the full stay. No renewal surcharge.
- Enterprise claims handling for the property.
About Thriver
Thriver replaces the cash security deposit with an embedded waiver. It is owned by United Risk and Applied Underwriters, an insurance group with more than 30 years in the market.
FAQ
A security deposit alternative lets a resident pay a smaller one-time fee instead of a large refundable cash deposit. The property still holds coverage against unpaid rent and damage.
Thriver’s waiver price appears in the Venn move-in checklist next to the standard deposit amount. The resident chooses one and the decision is recorded without a separate application.
A one-time fee instead of the full cash deposit, often around a fifth of it depending on the resident. There are no monthly charges, and the fee covers the whole stay, including renewals and a move to another unit with the same deposit requirement.
Yes. With Deposit Plus, residents pay a smaller refundable cash deposit plus a waiver premium, so the property gets higher total coverage for less up front. At move-out, the cash is applied first.
No. A deposit waiver protects the property, and renters insurance protects the resident’s belongings. A resident who buys a waiver still owes any unpaid rent or damage at move-out.
No. Enrollment, claims, and status tracking all happen inside Venn.
The waiver option does not appear and they see the standard cash deposit.