Ensure Compliance to Your Mandatory Renters Insurance Program
LeasingDesk Insurance makes it easy for you to stay on top of renters insurance policies. With our innovative compliance management services, you can boost compliance at your properties for maximum protection.
We Remind Residents about Renters Insurance so You Don’t Have To
LeasingDesk can automatically email residents who have purchased eRenterPlan policies when their policies lapse or cancel. We can even email residents who show no record of insurance at the time of move in, and those who have third party policies (non-eRenterPlan) that are up for renewal. This helps increase compliance by up to 40%, and saves time and the administrative costs associated with having your staff send these emails.
Cancelled Resident Renters Insurance Policies? We’ll Let You Know.
30% of third-party renters insurance policies are cancelled within the lease term, and an average community has no proof of insurance for 19% of its occupied units.1 To help keep your communities protected, properties enrolled in our compliance management program are automatically notified when eRenterPlan policy holders do not have active coverage. We provide this same service for coverage lapses for third party policies. We will arrange to have notifications sent directly to us and report them to your properties.
RenterProtection Keeps Your Rental Property Protected
If the resident fails to provide proof of the required liability coverage, RenterProtection works as a safety net to give you protection against losses due to resident negligence. It puts property coverage in place for certain resident-caused damage, and you may be able to charge a lease violation penalty to the resident in order to recoup the costs associated with policy purchase and related administrative expenses.
12012 NMHC Apartment Cost of Risk Survey
eRenterPlan is offered by LeasingDesk Insurance Services, a licensed insurance agency operated by Multifamily Internet Ventures, LLC. CA Agency license # OD12126. This content is only a general description of policy coverage and not a statement of contract. Coverage is subject to the terms, provisions, exclusions, and conditions in the policy itself and in any endorsements.