Renters Legal Liability is an innovative risk-transfer program that allows multi-family property owners and managers to manage risk and mitigate losses caused by residents’ negligent acts.
Through the program, owners, managers and associations are able to dramatically control their P&C loss ratios. Based on participation, many RLL clients have realized 5-to-15 percent decreases on annual premiums from property P&C carriers. The program is both an amenity and a marketing tool. For owners and managers, there is a material improvement of NOI. For residents, there is peace of mind in that their lease indemnification obligation is fulfilled.
The program is capable of synchronizing data from many popular property management software systems for a seamless, simple operational exchange of information at the community and the corporate level.
RLL’s services include:
- master corporate-based $100,000 property damage liability program;
- patent-pending online monitoring system that tracks resident participation;
- proprietary software, database, with monitoring and reporting systems that manage the entire process;
- an ongoing customer support and training program.
RLL enjoys strategic partnerships with a wide variety of insurance agencies and insurance professionals. The program is available throughout the United States.
In addtion to providing property management services to the multi-family apartment industry, the company also serves student housing, senior housing, assisted living, military housing, condominiums, co-ops, HOA's, single-family home rentals, mobile homes and manufactured housing.
Testimonials
The implementation was extremely smooth and when we began telling our prospects that each apartment comes with liability insurance to protect our property they were thrilled. They now have peace of mind knowing that they have built-in protection should they cause a catastrophe at the property. I cannot imagine why any management company would not partner with Renters Legal Liability! - Bill Nye, PhD, Chief Executive Officer, Caviness & Cates Property Management, LLC
RLL not only has competitive rates and exceptional coverage, they also provide outstanding customer service. They are flexible, accountable and personable. It is truly a pleasure to do business with a company that exceeds my expectations. - Sheree Scholar, Systems Integration Director, The P.B. Bell Companies
Our company is extremely happy with the RLL program. Everything promised has been provided. Training and support staff are highly professional, providing excellent service and support at all times. RLL team members are a pleasure to work with. - Bard Tomlin, Controller, Hubbard Properties
RLL has provided a great service both on a corporate level as well as a community level. It has proven ... beneficial and easy for our residents to enroll onto the RLL program. RLL and its staff have set the bar for professionalism and customer service. - Andrew Phillips, Regional Manager, Dewey Commercial
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