A property owner should be able to fully focus on their business. The unintended consequences of an uninsured resident causing catastrophic damage is a stark reality. RLL® protects property owners from accidental resident-caused damage, saving them millions of dollars.
The property owner is at risk. Big time. The lack of a resident property damage liability program creates an enormous and unnecessary risk exposure for property owners/managers. Without a process to transfer the risk of resident-caused property damage, property loss experience and loss ratios will be adversely affected resulting in higher property insurance premiums.