Master Policy
Even if your residents don’t have renters insurance, you can cover every unit with our risk mitigation strategies.
Customize risk management
Choose between two flexible risk mitigation strategies to ensure coverage on every single unit in your portfolio.
Standard Strategy
Residents are prompted to enroll in Entrata's Homebody Renters Insurance, or provide proof of coverage through another provider. If the resident fails to provide insurance, the unit is force placed and insurance is in effect. This approach pushes adoption of Homebody Renters Insurance, which increases ancillary revenue. It also allows properties to recoup costs based on applicable laws and regulations.
Blanket Strategy
Automatically cover all your units. Each unit is automatically enrolled and residents generally pay for coverage by scheduled lease charges or increased rent rates. This ensures every unit is always covered and helps streamline lease signing by removing the need for verification emails or marketing outreach to confirm coverage.
Effortless risk mitigation
Get gap coverage and protect your property in case of negligent damages. No need to think twice, we’ll do the thinking for you!
Insurance is your competitive advantage
As your technology partner, we’ll automate your insurance program so it becomes a revenue center instead of a cost center.
Entrata's Master Policy streamlines the insurance process for property managers by providing comprehensive coverage for multifamily properties. This solution helps mitigate risk and ensures that properties are protected against a range of potential liabilities. By consolidating policies under a single umbrella, property managers can reduce administrative burdens, streamline claims processes, and enhance operational efficiency.
For property management companies, the Master Policy is invaluable. It not only simplifies insurance management but also offers peace of mind, knowing that both the property and its residents are well-protected. With clear terms and a straightforward approach, property managers can focus on their core responsibilities, ensuring a better living experience for residents while effectively safeguarding their investments.
An award-winning platform for property owners and operators
Interested in seeing what Entrata can do for you?
See how Entrata can transform your operations.