BetterNOI ensures that your residents maintain the required level of liability coverage throughout their tenancy. Our unique policy tracking monitors coverage information for each apartment, no matter where the resident obtains insurance.
Expenses add up quickly from fire, smoke or water damage caused by resident negligence. BetterNOI standard liability policies protect the building owner for damages caused to the building while personal property policies protect residents' personal assets. Protection Choice policies are underwritten by RLI, an A+ (superior) rated organization.
Developed specifically for the multifamily industry, BetterNOI insurance programs recognize the importance of the three-way relationship between our organization, our property management clients and our shared renter customers. Unlike other insurance companies, we recognize the importance of BOTH types of customers. BetterNOI provides high quality insurance at competitive rates for renters while simultaneously providing outstanding risk mitigation and loss protection for owners.
Damages happen. When they do, BetterNOI makes it easy for property managers to submit claims directly, rather than waiting on residents to take action. Damage claims are expedited and processed quickly, with unit damage payments made directly to the community.