Make it easy for affordable housing residents to protect their property
For affordable housing residents, renters insurance is often not a priority until an unfortunate event happens – theft, fire, wind, water damage, and more. The majority of affordable housing residents choose not to sign up for renters insurance because they assume they’re covered by the property’s insurance, which isn’t true. By offering a simple, easy way for residents to sign up for renters insurance, you can guide residents to protect themselves and provide peace of mind for the entire community at little to no cost.
70% of affordable housing residents don’t have renters insurance.
Residents mistakenly think they’re covered by the property’s insurance.
Most residents don’t know how to get insurance and think it’s too expensive.
Offer residents a simple and friendly experience to sign up for renters insurance
Make it painless
Encourage residents to sign up as part of the leasing process. Make sure they understand that their personal assets aren’t covered by the property’s insurance, and they can easily sign up in five minutes for a pre-approved policy.
Maximize loss recovery
When more residents are covered by insurance, your property can recover more money in the event of a loss. In communities where nearly all residents have insurance, the financial impact to the property is drastically reduced.
Tailor your program
Choose from several renters liability insurance options, including programs that are zero cost to your property. Offer insurance as optional or require it for units where applicable and if residents qualify.
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