Make sure your residents have the active and adequate coverage you require with Modives insurance authentication and monitoring.
Resident negligence drives an average of $1.2 billion in property damages annually, which is why you require renters insurance. But do you know if their coverage is active and adequate?
Once the applicant receives notice through email or text, Modives guides them through its authentication process, providing insurance offers if they are not adequately insured.
Insurance authentication to determine whether your residents’ coverage is active and adequate to cover your risks.
Monitoring to regularly verify that the insurance you expect your residents to have is still in place and hasn’t been cancelled or adjusted below your required coverage limits.
Embedded insurance to help your residents easily find great coverage if they don’t already have a policy.
Easy access to insurance options for your residents to cover their risk and yours if their renters insurance is found to be inactive or inadequate.
User-friendly reporting and alert systems to let you know the status of your protection.
No technical resources needed to set up and little effort to start and maintain the system.
Auditing available to authenticate and monitor your current residents so you don’t have to wait for turnover to ensure you’re protected.
Schedule a demo today to learn how Modives can help your risk protection live up to its promise.