Resident Liability Insurance Reimagined
It’s not just about the rent.
It’s about keeping your residents safe and secure, and making sure your building is protected from liability.
That’s why we’re here for you.
Whether you have 2,000 units or 10,000 units, own or manage, ask us if our program will meet your needs.
How it works
Resident Liability coverage provides protection against damage to the building’s property caused by fire, smoke, explosion, water damage and falling objects. The policy has a limit of $100,000 per occurrence with no deductible and no aggregate limit.
We take over all third party policy tracking from your staff, significantly reducing time spent on administration.
|Timeline to Train/Implement
|30 days (simultaneous with captive formation)
|Waiver of Liability Fee Paid by Resident in Rent
|$14 per enrolled unit per month
|Anticipated Resident Participation
|Captive Manager & Broker Fee
|$4 per enrolled unit per month
|Gross Profit to Multifamily Operator or Owner
|$10 per enrolled unit per month
|Gross Annual Profit to Multifamily Group