Residential Benefits Program and Renters Insurance
Last month we briefly talked about the importance of Renter’s Insurance in the context of the Tornadoes that impacted quite a few people in the Central Texas area. The second round of storms spun up in the weeks since then that dropped more tornadoes northeast of Austin. This is just one example of things that might trigger a need for renter’s insurance to cover your cost of temporarily staying somewhere else while repairs are made.
When we recently introduced the Resident Benefits Program (RBP) we were also working on Renter’s Insurance options with the goal of setting up a simple and cost-effective insurance option for tenants. We’ve finally got that set up and by May 15th we will be rolling it out to be included with all new leases and lease renewals. By default, all new enrollments will include Renter’s Insurance in the cost with options to change some coverage, or provide proof of your own policy. If you’re already enrolled in the RBP the insurance piece will not be included until after your renewal, but if you’d like to explore getting renter’s insurance sooner than that let us know. We’re happy to provide ...