Collecting insurance documents isn’t sufficient. The additional interest method of monitoring your tenants’ policies doesn’t work.
- Time-consuming and terrible customer experience.
- Filled with opportunities for compliance violations.
- Only a snapshot of coverage, and ‘additional insured’ notices don’t work.
CheckMy Resident is the only automated insurance verification application that makes the process easy and helps you cover your assets.
45%
of renters cancel their policies before the end of their lease, with nearly 20% terminated within 180 days of issuance. That means that even if you check their policy at move-in, your business could be at risk without monitoring that it remains active and adequate.
Get the transparency you need with CheckMy Resident.
Learn How We Make Insurance Verification and Monitoring Easy
CheckMy Resident Fixes the Broken Insurance Verification and Monitoring Process
Stop Wasting Time
Don’t waste time reviewing uploaded dec pages, tracking down missing paperwork, or opening additional insured letters. CheckMy Resident automates verification and monitoring throughout the lease.
Monitor Their Coverage
Coverage at the beginning of their lease is only a snapshot. What happens if they cancel their coverage? CheckMy Resident keeps an eye on their policy, automatically checking for changes.
Risk Mitigation Options
What happens when their insurance isn’t active, adequate, or is cancelled during their lease? Based on your preferences, CheckMy Resident automatically fixes the problem.
‘Additional Interest’ Isn’t Good Enough
Being listed as an ‘additional interest’ on a borrower’s insurance policy doesn’t cover your assets, it leaves you with gaps and more work. CheckMy Resident fixes that problem, automating insurance monitoring and providing the transparency you need.
CheckMy Resident
- Immediate Notification at Check
- Alerts for All Policy Changes
- Automated Process and Remediation
Additional Interest Notifications
- Notice of Cancellation After 60 Days
- No Notifications for Limit Reduction
- Letters to Open, Problems to Fix
Two Ways to Get Started with CheckMy Resident
User-Friendly Application
No Tech resources? No problem! Get up and running on our easy-to-use web application in minutes.
Flexible API
Want to pull our verification and monitoring processes into your own systems? Our API can meet your needs.
Connect to find out how CheckMy Resident can help you:
- Verify your applicant has active, adequate and accurate coverage
- Find risk mitigation solutions if their insurance doesn’t meet your needs
- Monitor their policy during their lease to get transparency into any changes and their impact on your risk