#apartment renters insurance
Does Mandatory Renters Insurance Impact Revenue Performance?
LeasingDesk Renters Insurance Plan Provides Maximum Protection
With an estimated 106,000 multifamily residential building fires each year causing $1.3 billion in property loss, 1 it’s no wonder that 84% of PMCs require their residents to have renters insurance. 2
Our programs are developed by multifamily professionals and insurance experts who understand the unique needs of the industry. Our extensive knowledge of common losses at apartment communities and our partnerships with “A” rated national insurance companies has led to the creation of a comprehensive program that reduces your community’s exposure to risk. And because we only work with rental housing clients, you can be sure your residents will be taken care of promptly when they need us.
Our eRenterPlan ® policies deliver broad renters insurance coverage options to protect against common and costly damages – including water, smoke, fire, explosion, as well as other losses such as pet damage and worldwide theft. In fact, an independent study concluded that a renters insurance program will save a community as much as $22 per unit per year. This can translate into a savings of thousands of dollars across a portfolio.
Use this ROI Calculator to estimate the potential savings for your portfolio with a required renters insurance program. 3
Designed to Meet Your Business Needs
LeasingDesk offers a turnkey program—from implementation, to training, to ongoing program management—throughout the life of our customer partnerships. We work with you to design a program best suited for your community with competitive prices and excellent coverage for your residents.