Local Property Management Group Promotes Residents’ Financial Security by Partnering With National Renter’s Insurance Plan

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Michael Gale, Regional Property Manager with Andover Management Group, says apartment residents will benefit from mandatory liability insurance requirement.

Beaumont Farms apartment community offers residents convenience and numerous amenities designed to enhance the modern lifestyle.

Renters joining the community after April 1 will be offered the convenience of meeting their lease’s mandatory liability insurance requirement by purchasing renter’s coverage through eRenterPlan, managed by LeasingDesk, the largest provider of group insurance programs for the multifamily industry.

Many renters do not realize that their personal belongings are not covered under the apartment’s insurance policies. Damage to or theft of clothing, furnishings, electronic equipment, and other personal property are not covered by the landlord’s insurance. A catastrophic event such as a fire can leave uninsured families in a real bind.

In addition, renters are vulnerable to liability claims made by visitors who become injured while on their property. A guest who falls on a wet bathroom floor or is otherwise harmed while in the residence will look to the occupant for reparations. The liability coverage of the renter’s insurance policy provides financial security against these situations.

Although Beaumont Farms (http://www.andovermgt.com/beaumont-farms/) lessees may choose to obtain renter’s insurance from another company, they may prefer the convenience of using the services of the property management staff, who has received special training in administering the eRenterPlan.

“We want our residents to be protected from losses that are out of their control,” said Gale, “so we’re happy to partner with LeasingDesk to offer this insurance option.”

Find out more about the Beaumont Farms apartment community at http://www.andovermgt.com/beaumont-farms/ or contact the Andover Management Group at 859-224-7007.

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