Accidents and damage happen – it’s a fact when managing rental properties
That’s why it’s important to make sure the property is covered against resident-caused damage.
With FolioGuard™, you’ll get access to deposit free move-in solutions, renters insurance, and liability insurance tools to ensure comprehensive coverage for your properties while maximizing NOI and reducing risk to your business.
FolioGuard™ Smart Ensure
FolioGuard™ Smart Ensure helps property managers efficiently manage and enforce their insurance lease requirements. Built directly into AppFolio Property Manager, Smart Ensure helps you achieve full coverage across your properties by leveraging automation to eliminate the tedious tasks associated with managing insurance coverage.
With FolioGuard™ Smart Ensure, you can add units that do not satisfy your insurance requirement to your Liability to Landlord Insurance policy directly within AppFolio Property Manager, offering owners and investors increased protection against resident-caused damage.
Smart Ensure is a great solution for your business, that can:
- Recoup expenses to maximize NOI
- Reduce claims on the property insurance policies
- Achieve full coverage of your residential properties through built-in automation
Interested in learning more about FolioGuard™ Smart Ensure? Speak to an AppFolio Insurance Services representative today.
FolioGuard™ Renters Insurance by AppFolio Insurance Services
Your residents have the option of purchasing their own protection, including directly within their online portal with FolioGuard™ Renters Insurance by AppFolio Insurance Services. With a renters insurance policy, residents can have their personal belongings protected and covered in the event they’re damaged or stolen, in addition to liability coverage for damage caused to the property.
We’re dedicated to offering residents convenient options, reliable service, and robust coverage that includes1:
- Best-in-class liability coverage of up to $100,000, which protects against resident-caused damages
- Coverage of accidental water damage
- Up to $75K in customizable coverage to protect their belongings
- Automatic tracking of resident policy status in AppFolio Property Manager, including cancellations and renewals
1 Please refer to your policy for coverage details, limitations, and exclusions. Actual coverage options vary by state and location. Some categories of personal property coverage have a maximum dollar coverage limit. Deductibles may apply.
FolioGuard™ Security Deposit Alternative powered by Obligo
Stand out and gain a competitive edge by providing a world class move-in experience with FolioGuard™ Security Deposit Alternative powered by Obligo. Our solution is a simple way to reduce the financial burden on renters at move-in, and can simplify your accounting process while giving you the same protection as a cash deposit.
Key benefits of this solution:
- Simplify your leasing and accounting
Seamlessly integrated into AppFolio Property Manager, you can spend less time tracking and refunding deposits, and more time focusing on what matters.
- Offer a better resident experience
Renters can sign up directly from their online portal, and they no longer have to worry about forgoing a large sum of money up front.
- Maintain the protection of a cash security deposit
Retain the benefits that security deposits provide without the hassle of collecting and re-distributing funds. Renters remain liable for damages and may be charged up to the full deposit amount.
Partnered with the best
Designed specifically for property managers, FolioGuard™ Smart Ensure will connect you with a licensed insurance broker that will secure a Liability to Landlord Insurance policy that meets the lease requirements.
FolioGuard™ Renters Insurance by AppFolio Insurance Services is backed by A.M. Best “A” (Excellent) Rated institutions: Spinnaker and Century National to ensure exceptional and reliable coverage.
