Resident-caused damage often leads to financial hardships for apartment residents and the property. Traditional renters’ insurance programs are difficult to implement resulting in low resident participation—typically less than 20%. Accidents happen, but SafeRent Solutions offers two program options to deliver protection for your community and its residents.
Renters Coverage Select
Renters Coverage Select enables you to improve resident participation, lowering your repair costs, saving time, and improving profitability.
Resident
- Easy enrollment
- No credit check
- Automatic approval
- Coverage options
Leasing Team
- Minimal leasing team involvement
- Easy program tracking
- Brochures and training provided
Claims Process
- Initiate claims via online, phone or text
- Claims center available 24 hours a day, 7 days a week
Renters Coverage Advantage
With Renters Coverage Advantage, you decide on the minimum level of liability coverage for your community and include it as a provision in your lease. With this Master Policy you are named as the primary insured party and claims are paid directly to you or other claimants. Renters Coverage Advantage is simple to maintain and can help you enforce resident participation.
Enrolling in Coverage
- Easy enrollment through the leasing office
- Resident pays with their monthly rent
- Automatic approval
- No credit check
Liability and Optional Tenants Coverage
- Liability coverage amount and deductible: $100,000 / $0 deductible
- Optional tenant coverage amount and deductible: $10,00 / $500 deductible
- Covers damages caused to the apartment from fire, smoke, and explosion
- Provides additional water damage coverage, including backup at no additional charge
- Pet damage coverage up to $1,000 per occurrence with $250 deductible
Claims Process
- Easy claims process, file claims online or by the phone
- Claims submitted in the past are excluded from consideration
The simple solution from a trusted source
QBE North America Operations is a division of QBE Insurance Group Limited, one of the world’s largest insurance and reinsurance companies. We are rated A+ by Standard & Poor’s and A (Excellent) by A.M. Best. *Located in 27 countries, we’re operational in all key global insurance markets and are considered a leading underwriter within our chosen markets. Renters Insurance Select is offered through the Multifamily Community Insurance Agency, LLC, a subsidiary of SafeRent Solutions.
For more information, please call (800) 811-3495 option “Client Services” or email [email protected] to learn more.