The renter pays Snug an annual fee for the first year of BondCover. Snug may offer monthly payments for the ongoing BondCover fee.
If your BondCover expires while you are in a tenancy agreement, you may be required to lodge an alternative full cash bond as a replacement to avoid breaching your lease.
Please check your tenancy agreement and review your BondCover certificate terms.
Contact our Customer Service team for assistance renewing your BondCover.