{"id":20059,"date":"2018-05-30T05:00:24","date_gmt":"2018-05-30T12:00:24","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=20059"},"modified":"2020-12-25T01:03:18","modified_gmt":"2020-12-25T09:03:18","slug":"insurance-updates","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/insurance-updates\/","title":{"rendered":"Insurance Updates"},"content":{"rendered":"

Required renters insurance is widely considered a best practice for multifamily managers to reduce property risk and pr\"\"otect asset value. ResidentShield Protection Plan<\/a> works seamlessly with Yardi Voyager, with easy online signup for residents and automated program monitoring for property managers. It also offers coverage options to residents for their personal possessions. Read on for the latest enhancements to this \u201cpeace of mind\u201d insurance program.<\/p>\n

More options<\/strong><\/p>\n

ResidentShield\u2019s forced-placed Master Policy program now invoices management companies by property for easier payment options.<\/p>\n

Pet-friendly apartments are highly coveted by all the animal loving renters out there, and ResidentShield has you covered. In addition to having several pet-friendly endorsements to offer, a notification is sent to a property if a resident has a pet but has not purchased pet damage coverage. Should pet damage occur, the Pet Notification feature can track which residents purchase a pet damage endorsement, which gives your property up to $500 to file after the applicable security and pet deposit have been exhausted.<\/p>\n

Better compliance<\/strong><\/p>\n

ResidentShield policy holders now receive text notifications of changes to their policy \u2014 making it easier to stay informed and compliant. Also, when a policy is cancelled, the policy holder will receive an updated email from ResidentShield, which frees staff to focus on leasing and other important tasks (instead of tracking policies and sending letters). The lease violation fee program has also been modified to further motivate residents to remain compliant \u2014 and when they are not, they will be automatically charged a fee.<\/p>\n

Coming soon<\/strong><\/p>\n

To optimize claims management, claims information will be stored in Voyager. This will make it easier for staff to enter claims information and track the progress of every claim. (ResidentShield claims are automatically updated every night.) Another feature available soon is the ability to push Master Policy invoices into a client\u2019s AP system.<\/p>\n

Learn more<\/strong><\/p>\n

Do your properties have peace of mind protection? Learn more about the many benefits of ResidentShield<\/a> to reduce risk and safeguard assets. Curious about how other property management companies are succeeding with ResidentShield? Find out how Legacy Partners<\/a> is using the program to achieve 100 percent compliance at its communities.<\/p>\n","protected":false},"excerpt":{"rendered":"

Required renters insurance is widely considered a best practice for multifamily managers to reduce property risk and protect asset value. ResidentShield Protection Plan works seamlessly with Yardi Voyager, with easy online signup for residents and automated program monitoring for property managers. It also offers coverage options to residents for their personal possessions. Read on for […]<\/p>\n","protected":false},"author":616,"featured_media":20060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[2380,200,543,1178,40],"class_list":["post-20059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-pet-friendly-apartments","tag-renters-insurance","tag-renting","tag-residentshield","tag-yardi"],"acf":[],"yoast_head":"\nYardi Blog<\/title>\n<meta name=\"description\" content=\"Required renters insurance is widely considered a best practice for multifamily managers to reduce property risk and protect asset value. ResidentShield\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insurance Updates\" \/>\n<meta property=\"og:description\" content=\"Required renters insurance is widely considered a best practice for multifamily managers to reduce property risk and protect asset value. ResidentShield\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/insurance-updates\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-30T12:00:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-25T09:03:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/04\/shutterstock_633384791.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"650\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lee Ann Stiff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lee Ann Stiff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/insurance-updates\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/insurance-updates\/\",\"name\":\"Insurance Updates - Yardi Corporate Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/insurance-updates\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/insurance-updates\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/04\/shutterstock_633384791.jpg\",\"datePublished\":\"2018-05-30T12:00:24+00:00\",\"dateModified\":\"2020-12-25T09:03:18+00:00\",\"author\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/069110045c75f04e7223477b64b54f02\"},\"description\":\"Required renters insurance is widely considered a best practice for multifamily managers to reduce property risk and protect asset value. ResidentShield\",\"breadcrumb\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/insurance-updates\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.yardi.com\/blog\/insurance-updates\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.yardi.com\/blog\/insurance-updates\/#primaryimage\",\"url\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/04\/shutterstock_633384791.jpg\",\"contentUrl\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/04\/shutterstock_633384791.jpg\",\"width\":1000,\"height\":650},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.yardi.com\/blog\/insurance-updates\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.yardi.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Insurance Updates\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.yardi.com\/blog\/#website\",\"url\":\"https:\/\/www.yardi.com\/blog\/\",\"name\":\"Yardi Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.yardi.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/069110045c75f04e7223477b64b54f02\",\"name\":\"Lee Ann Stiff\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/Lee-Ann-Stiff_Headshot.jpg?w=96\",\"contentUrl\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/Lee-Ann-Stiff_Headshot.jpg?w=96\",\"caption\":\"Lee Ann Stiff\"},\"description\":\"Lee Ann Stiff is a senior writer at Yardi, covering commercial real estate technology and innovation. She has written for global brands including Marvel Comics and Warner Bros. Records, along with contributing content to numerous websites and publications. She holds a master\u2019s degree in English Literature from Yale University.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/lee-stiff-121b486\/\"],\"url\":\"https:\/\/www.yardi.com\/blog\/author\/lee-ann-stiff\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Yardi Blog","description":"Required renters insurance is widely considered a best practice for multifamily managers to reduce property risk and protect asset value. ResidentShield","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Insurance Updates","og_description":"Required renters insurance is widely considered a best practice for multifamily managers to reduce property risk and protect asset value. ResidentShield","og_url":"https:\/\/www.yardi.com\/blog\/insurance-updates\/","og_site_name":"Yardi Blog","article_published_time":"2018-05-30T12:00:24+00:00","article_modified_time":"2020-12-25T09:03:18+00:00","og_image":[{"width":1000,"height":650,"url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/04\/shutterstock_633384791.jpg","type":"image\/jpeg"}],"author":"Lee Ann Stiff","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Lee Ann Stiff","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.yardi.com\/blog\/insurance-updates\/","url":"https:\/\/www.yardi.com\/blog\/insurance-updates\/","name":"Insurance Updates - Yardi Corporate Blog","isPartOf":{"@id":"https:\/\/www.yardi.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.yardi.com\/blog\/insurance-updates\/#primaryimage"},"image":{"@id":"https:\/\/www.yardi.com\/blog\/insurance-updates\/#primaryimage"},"thumbnailUrl":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/04\/shutterstock_633384791.jpg","datePublished":"2018-05-30T12:00:24+00:00","dateModified":"2020-12-25T09:03:18+00:00","author":{"@id":"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/069110045c75f04e7223477b64b54f02"},"description":"Required renters insurance is widely considered a best practice for multifamily managers to reduce property risk and protect asset value. ResidentShield","breadcrumb":{"@id":"https:\/\/www.yardi.com\/blog\/insurance-updates\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.yardi.com\/blog\/insurance-updates\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.yardi.com\/blog\/insurance-updates\/#primaryimage","url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/04\/shutterstock_633384791.jpg","contentUrl":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/04\/shutterstock_633384791.jpg","width":1000,"height":650},{"@type":"BreadcrumbList","@id":"https:\/\/www.yardi.com\/blog\/insurance-updates\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.yardi.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Insurance Updates"}]},{"@type":"WebSite","@id":"https:\/\/www.yardi.com\/blog\/#website","url":"https:\/\/www.yardi.com\/blog\/","name":"Yardi Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.yardi.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/069110045c75f04e7223477b64b54f02","name":"Lee Ann Stiff","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/Lee-Ann-Stiff_Headshot.jpg?w=96","contentUrl":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/Lee-Ann-Stiff_Headshot.jpg?w=96","caption":"Lee Ann Stiff"},"description":"Lee Ann Stiff is a senior writer at Yardi, covering commercial real estate technology and innovation. She has written for global brands including Marvel Comics and Warner Bros. Records, along with contributing content to numerous websites and publications. She holds a master\u2019s degree in English Literature from Yale University.","sameAs":["https:\/\/www.linkedin.com\/in\/lee-stiff-121b486\/"],"url":"https:\/\/www.yardi.com\/blog\/author\/lee-ann-stiff\/"}]}},"jetpack_featured_media_url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/04\/shutterstock_633384791.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts\/20059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/users\/616"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/comments?post=20059"}],"version-history":[{"count":2,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts\/20059\/revisions"}],"predecessor-version":[{"id":26511,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts\/20059\/revisions\/26511"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/media\/20060"}],"wp:attachment":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/media?parent=20059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/categories?post=20059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/tags?post=20059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}