Management Policy
Protect your property and simplify operations with comprehensive, reliable multifamily insurance coverage through our partnership with Get Covered.
Get a QuoteIncrease compliance and boost revenue with a comprehensive management policy
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Protect against negligence
Damages caused by negligent acts of a resident or their guests are covered.
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Cost-effective
Residents pay a fee with their monthly rent to cover your insurance costs.
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Get paid directly
Claims are filed and paid directly to the management company.
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Boost revenue
Ancillary revenue opportunities may be available through administrative fees, at the owner/manager’s discretion.
Ensure compliance and protect your community
With Insurance by PayLease and our partner Get Covered, you minimize risk at your property with reliable coverage. Protect from negligent damages caused by residents or their guests and boost revenue through ancillary administrative fees.
Choose the management policy that meets your community's needs
Automatic Coverage*
Simplify operations while ensuring automated coverage across your property.
- Inclusive: All units are covered automatically and added as new residents move in or renew.
- Cost-effective: Residents’ monthly fee covers their insurance requirement and offsets your costs.
- Easy to manage: Your property and residents are covered with a hands-off solution that requires little management.
Choice Coverage**
Give residents the flexibility to choose their provider while ensuring coverage.
- Flexible: Residents have the choice of limited coverage through the Management Policy or can select to buy and document their own coverage.
- Visible: Property manager uses thorough dashboard for tracking compliance, canceled, or lapsed insurance.
- Expansive: Units will be automatically covered under the Management Policy for residents that have no or lapsed coverage.
Coverage you can count on
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Examples of coverage:
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Fire
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Smoke
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Explosion
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Water damage and water sewer backup coverage
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Additional coverage also available for freezing pipes, overflow of appliances, pet damage, bed bug remediation and more.
Seamless Integrations
Insurance by PayLease provides a seamless resident billing experience that saves your staff even more time. Integrating with leading property management software including:
- Entrata
- RealPage
- ResMan
- Yardi
Protect your community
Get affordable, reliable multifamily insurance coverage, through our partnership with Get Covered. Ensure compliance in your community to protect your renters and your assets.
*Does not include personal liability or contents coverage
**Property can choose to add contents coverage if desired, where allowable by law.
