property
protection
Welcome to the next level of property protection. We transform your obligatory insurance requirement into a new revenue channel with TR WaiverShield™ Property Damage Liability Waiver (PDLW) — a seamless program that automatically enrolls your residents and allows them to forgo third-party policies while maintaining lease compliance and creating an operating cash fund to use as you please.
what is waivershield?
Our resident-focused approach ensures protection and peace of mind while they call your property ‘home’ —and you get a profit share instead of them paying an insurance company directly. Improve resident relations by creating an all-in-one solution. Your residents won’t have to do any extra work to meet the lease requirement.
Our liability damage waivers protect your residents from potential risks and unforeseen out-of-pocket expenses while saving your management company from unexpected maintenance repairs and boosting NOI.
BENEFITS
risk mitigation
Allow us to assume the risk while you sit back and collect. No claims through commercial property insurance, no adjusters, just cash in hand sooner.
revenue generation
Each resident remits a monthly fee in addition to their rent with our base program, and you’ll keep a third to do with as you please- pamper your investors, employees, or upgrade your property with exciting capital improvements.
*Based on your financial need, or the needs of your residents, premiums and coverages can be changed to increase monthly revenue and offer additional protection. Just ask us how.
effortless enrollment
Every resident is automatically enrolled in the PDLW program. TR WaiverShield™ provides up to $100k for damages caused by negligent action or inaction of a resident, guest, or additional occupant for fire, smoke, explosions, water, sewer back up or falling objects.
alleviate workload
Lease compliance is managed by our partner, there’s no increased workload for your on-site staff to ensure residents are opted in or out. Residents who choose to provide their own renter’s insurance policies are also closely monitored to confirm their policy meets requirements and is not cancelled during their lease term.
We are dedicated to offering comprehensive training and linguistic support for leasing and office staff, ensuring absolute clarity about the program. Our goal is to smoothly integrate it as a valuable component of the lease, making it effortlessly marketable, and guaranteeing the highest enrollment and retention of tenants.
WaiverShield integrates easily with your CRM software.
easy claims
Provide evidence of tenant negligence and repair-related receipts, and we’ll quickly process your reimbursement up to $100,000 without affecting your commercial property insurance. This helps maintain your commercial insurance premium and increases the value of property assets.
who is waivershield for?
Our waivers are designed to provide optimum value for property managers who oversee at least 500 bedspaces or more.
However, if you’re interested in exploring the process of launching an insurance captive or would like more information on how to get started, we can provide guidance and resources tailored to your objectives.
calculator
Use our calculator to see how we can help you reach your financial goals and minimize debt, one unit at a time.
Ready to Shield your investments?
TR WaiverShield™ offers a practical solution to boost resident satisfaction and monthly revenue. Embrace a beneficial approach to income generation that will have you smiling all the way to the bank!
