Reply: Do you require renters insurance for all new move ins?

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Anonymous
I used to be in the Renter’s Insurance field but no longer so don’t advocate for anyone particular. My advice would be to obviously find the right protection but more importantly what really and completely integrates with your PMS system. Some PMS providers are harder to work with and don’t give you easy access to track and make sure all your units are compliant. Happy to talk to you off line if you have questions about any of the solutions and /or the PMS capabilities like automatic liability coverage if residents defaults on their insurance . Standard requirement would be proof of insurance before handing over keys , min 100 K liability ( contents their own choice) and named as Interested party.
Posted 1 year 6 months ago
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Christopher Fluegge
Require that you be added as the "interested party" and the insurance company will notify you of any changes, including if they remove you as the "interested party".
Posted 1 year 6 months ago
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Angi Hernandez
You have the property listed as additionally insured so that if they cancel or drop you are mailed a notice.
Posted 1 year 6 months ago
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Anonymous
ePremium is a great partner for insurance. We love our partnership.
Posted 1 year 6 months ago
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Sheylbe Smith
Yes, $100,000 liability insurance and we require being listed as an additionally insured party.
If you’re listed as additionally insured, they send you docs if the policy is every cancelled or it lapses.
Posted 1 year 6 months ago
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Lena Ramo
When you send out the renewal letters, indicate the proof of current renters insurance must be provided to renew the lease. You may want to keep a copy of the insurance declaration page in the residents file.
Posted 1 year 6 months ago