Owners/Managers are incurring the cost of resident caused damage to units and common areas. Traditional renters insurance is not solving the problem due to high cost, low participation and the difficulty of tracking enrollees. AssetProtect offers a low-cost option and the opportunity to achieve 100% compliance.
AssetProtect offers optional coverages for personal contents to protect the resident against events such as fire, water damage, burglary, and other perils. AssetProtect is designed to meet the resident’s budget with low monthly premiums that are included in the monthly apartment charges.
AssetProtect offers a low-cost option and the opportunity to achieve 100% compliance.
Benefits of AssetProtect
Property damage to units or common areas for which the resident is legally liable.
Fire, smoke, explosion, water damage, falling objects, and more.
The owner or fee manager is the named insured.
Residents pay the low monthly premium.
Available for insufficient security deposit, lease default, pet damage, and more.
LeaseTerm offers flexible and customized pricing and coverages, and never has a deductible.
Improve NOI and Increase the Value of your Assets by:
Transferring the Cost & Risk of Resident Driven Exposures
Generating An Ancillary Income Stream
Potentially Decreasing Your Insurance Premiums