For multifamily operators targeting increased profitability, Effective Coverage provides an unequaled resident risk management solution to maximize property value.
Renters LiabilityPro™ is the best way to protect your property from the burden of resident negligence. Our 3-piece platform manages every aspect of resident risk management, so your leasing staff can get back to doing what they do best – leasing apartments.
Renters Liability Pro from Effective Coverage offers residential real estate owners and operators the only complete solution for tenant-caused damages. By combining renters insurance policies with insurance certificate management, and a resident-funded loss fund, we offer a full-service product offering unlike any other in the industry. The best way to protect your property from the burden of resident negligence is by implementing our award-winning solution. And best of all? Renters Liability Pro is fully customizable to your specifications.
Effective Coverage Policies
We offer bind online capabilities for renters insurance in 48 states. Customers may also call our licensed agents 7 days a week for all personal insurance needs.
We track insurance for over 500,000 rental units across the country. Our clients save money by shifting this time-consuming task from their employees to the Effective Coverage service center.
Resident Loss fund
Residents with inadequate insurance will automatically be charged a fee, as specified in their lease requirements. The fee is retained by the residential real estate owner to apply to future expenses associated with tenant negligence.
Renters LiabilityPro™ Core Features
Requiring residents to list your property as the additional interest on their policy is a practice that ensures compliance. We then process, digitize and retain all carrier communication so you don’t have to.
We communicate with you on a real-time basis regarding the status of all policies. This includes policy cancellations, lapses, and other changes that affect coverage.
Top Insurance Companies
Your tenants will have their pick of several insurance companies that have received top ratings from A.M. Best and J.D. Power. This choice provides peace of mind for both you and tenant.
We provide A.M. Best rated insurance policies in 48 states. Renters can easily choose affordable insurance options from multiple carriers.
Our platform is adaptable to support your needs. We currently allow integration with software packages such as Yardi, Rent Manager, MRI, and RealPage. If you can dream it, we can make it happen.
Certificate holders often have individualized requirements designed to protect their assets. Our platform is customizable to meet your specific needs.
Your dedicated Effective Coverage program manager will help you quickly customize and implement a program which improves resident retention and satisfaction, decreases losses from negligence, and drastically reduces the administrative burden on property management staff. Our solution is a win-win-win. Check out some of our other products offerings on our products page.