1. Home
  2. Partner Solutions
  3. Renters Solutions
  4. Products
  5. Insurance Solutions
  6. Renters Preferred
  1. Insurance Solutions
  2. Renters Preferred

Renters Preferred

Provide residents with affordable, customizable coverage

Improve resident satisfaction and increase property protection.

Assurant’s Renters Preferred provides affordable, customizable renter’s insurance that meets your coverage requirements, improves your NOI and provides flexible benefits structures to deliver more ancillary revenue per unit. 

Renters Preferred allows your residents to be choosy about their coverage — giving them the opportunity to cover their belongings or just the basics — without imposing on your property’s protection requirements. Plus, no matter what plan your renter chooses, we offer liability coverage for everyone on the lease. 

Icon of a dollar sign
Custom minimum liability requirement ($50k-$300k) to protect your property 
Icon of a laptop
Digital toolkit and sales site that drives program participation 
Icon of an awards ribbon
Industry-leading claims and customer service with fast payouts 
Icon of an upward chart
Flexible endorsement structure and more ancillary revenue per unit 

Less Risk Exposure for You, More Choice for Your Residents

Assurant offers two options through the Renters Preferred to best suit your renters’ needs while meeting your liability requirement.
Icon of a shield with a dollar sign

For better coverage that’s still affordable...

Renters Insurance (HO4) Policy

To cover liability and belongings 

  • Covers resident-caused damage due to fire, water,* smoke and explosion

  • Personal liability including bodily injury, medical payments and legal expenses  

  • 17 covered perils for damage to belongings  

  • Additional coverage depending on location (flood, pet damage, bed bugs, food spoilage)  

 

*Water damage is optional coverage in North Carolina 

Icon of clipboard and a pencil

For residents who want to move in and move on...

Liability Only Policy

To meet property requirements 

  • Covers resident-caused damage due to fire, water, smoke and explosion  

  • Personal liability including bodily injury, medical payments and legal expenses  

Simplify the Coverage Process with Assurant Renters Preferred

Infographic showing the steps of the Renters Preferred coverage process

The Benefits for Your Residents

Icon of a piggybank
Affordable coverage options including Renters Insurance and Liability Only policies
Icon of a checkmark
Guaranteed acceptance — no denials or credit checks
Icon of a watch

Quick quote and same-day coverage*

* Same-day coverage if current date is lease effective date

Icon of two people hugging
Roommates are covered for no extra cost

See What Else Assurant Has To Offer

Want to ensure residents maintain their renter’s insurance from month to month?

Explore Cover360

Latest Insights

Article
a group of people posing for a photo

Global Housing

4 Key Takeaways From OPTECH 2024: How Improving the Resident Experience Can Increase Occupancy for PMCs

OPTECH 2024 was a game-changer! From the future of Multifamily Housing to tech-driven resident experiences, streamlined processes, and affordability trends, the event showcased exciting innovations shaping our industry. Ready to embrace the future?

Read Article
eBook
graphical user interface

Global Housing

Renter Insights to Help You Get More Leases Signed

To help you figure out what features are most highlight-worthy to each renter, we launched an in-depth research study into modern renters and created this whitepaper to share our results.

Download eBook
Article
a woman and a boy sitting on a couch looking at a laptop

Global Housing

How Digital, and the People That Power It, Is Changing the Insurance Game

A digital evolution in the renters insurance industry with Assurant's APEX API solutions. Elevate customer experience with seamless sales to claims technology.

Read Article
Woman working out at home

Ready to talk to an expert?

Get in Touch