Help increase participation in your renters insurance program, reduce coverage gaps, and generate more ancillary revenue per unit with Cover360® and Cover360® Plus. Designed exclusively for property management companies, this innovative suite of solutions deliver both end-to-end risk management and excellent resident experiences in a single renters insurance program backed by an industry leader.
Your residents get fast, easy enrollment and affordable insurance for meeting their lease requirements and you get solid, ongoing protection for your properties and more opportunities to maximize net operating income.
Step 1
As soon as a resident signs a lease, the resident receives a link to the Cover360 online portal via text or email. If you opt for Cover360 Plus, coverage is included at lease signing or residents can quickly upload outside proof of coverage.
Step 2
Resident is enrolled in a pay with rent policy or they can upload proof of coverage through the portal.
Step 3
Assurant continuously monitors all tracked policies and verifies coverage for compliance purposes. Property management teams can view current statuses online any time.
Step 4
If residents don't maintain adequate coverage, Assurant will send notice of noncompliance and issue a liability-only policy when necessary.
Step 1
As soon as a resident signs a lease, the resident receives a link to the Cover360 online portal via text or email. If you opt for Cover360 Plus, coverage is included at lease signing or residents can quickly upload outside proof of coverage.
Step 2
Resident is enrolled in a pay with rent policy or they can upload proof of coverage through the portal.
Step 3
Assurant continuously monitors all tracked policies and verifies coverage for compliance purposes. Property management teams can view current statuses online any time.
Step 4
If residents don't maintain adequate coverage, Assurant will send notice of noncompliance and issue a liability-only policy when necessary.
As soon as a resident signs a lease, we'll email or text a link to an online portal where they can easily purchase an Assurant pay-with-rent policy or upload a third-party policy. If you opt for Cover360 Plus, coverage is included or residents may submit proof of outside insurance in just a few steps. According to a recent study we conducted, 73% of renters are more likely to purchase policies when conveniently bundled with their monthly rent payments.
**Information has been sourced from Multifamily Housing industry research (i.e., NMHC and Multifamily Executive) and internal Assurant consumer studies.Once your resident purchases an Assurant policy, coverage begins immediately or as of the listed effective date (typically lease-signing). Those with outside insurance may upload their third-party policy details to our resident portal. Either way, Assurant continuously monitors all tracked policies for up-to-date coverage without any work needed from your leasing staff.
With Renters Preferred, you can provide residents with affordable, customizable coverage that meets minimum protection requirements that you control. Residents can choose either a Renters Insurance policy that covers the liability requirement and their belongings, or a liability-only policy that allows them to meet move-in requirements.
See how Assurant Renters Solutions can help support better profitability across your property management and leasing operations.
Need help filing a renters related claim or purchasing and managing a policy? We're here to help.
