Simplifying the Prospect of Rental Insurance to Better Protect Both Tenants and Landlords

Surely, human beings have proven themselves to be good at an awful lot of things, but honestly speaking, there still remains little that we do better than improving on a consistent basis. This commitment towards continuous growth has brought the world some huge milestones, with technology emerging as quite a major member of the group. The reason why we hold technology in such a high regard is, by and large, predicated upon its skill-set, which guided us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look beyond the surface for one hot second, it will become abundantly clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component, in fact, did a lot to give the creation a spectrum-wide presence, and as a result, initiate a full-blown tech revolution. Of course, this revolution eventually went on to scale up the human experience through some outright unique avenues, but even after achieving a feat so notable, technology will somehow continue to bring forth the right goods. The same has turned more and more evident in recent times, and assuming one new insurtech-themed development ends up with the desired impact, it will only put that trend on a higher pedestal moving forward.

Sure, the insurance technology leader that unlocks the potential of digital insurance, has officially expanded its partnership with Landlord Studio to close the protection gap for renters and landlords. Under the agreed terms, we’ll see Landlord Studio leverage Sure’s insurance infrastructure technology for the purpose of extending value-added coverage to both sides of the landlord-tenant relationship. This it does by embedding home warranty protection and renters insurance directly in the Landlord Studio platform. You see, while renters insurance is often required to better protect both tenants, as well as landlords, the process of securing it can be time consuming and confusing. Hence, with the stated insurance directly integrated into the leasing process, renters can access their protection at any time they need it.

“Through the ability to embed products directly into the landlord and tenant experiences within our platform, Sure is helping us to ease the complex process of extending must-needed protection to both parties,” said Charles Chan, CEO of Landlord Studio. “With Sure, we’ve not only been able to expand greater access to renters insurance for tenants, but grow the partnership to create additional value for landlords. It’s been exciting to evolve alongside Sure as we work together to bring more capabilities directly within one environment for our community to benefit from.”

Talk about Landlord Studio for a second, it is a solution best known for helping landlords access all the resources they might need when it comes to managing their property. Offering income and expense management technology for ‘DIY’ landlords with between one and 20 investment properties, the stated platform’s excellence in what it does can be validated from the fact that it is currently managing more than 40,000+ properties across the US. However, given the recent introduction of a whole new product suite, including online rent payment, Xero integration, tenant screening and property maintenance, this number should grow bigger over the immediate future.

“As Landlord Studio’s business has grown, so too have their technology needs – and Sure has been right by their side every step of the way. Because of our existing partnership, we were able to quickly and easily adapt to the changing needs of their business to create digital insurance experiences that best serve Landlord Studio’s community,” said Wayne Slavin, co-founder and CEO of Sure. “Now, the Landlord Studio team can deploy our technology to offer frictionless experiences that integrate multiple product offerings directly in the Landlord Studio platform. It’s a win-win for both sides, and I’m excited for the next evolution of our partnership.”

Moving on to what makes Sure an ideal partner for such an initiative, the answer resides in the company’s ability to deliver the true potential of digital insurance at your disposal. The testimony for the same comes from how global brands and market-leading insurance carriers from the Fortune 500 list build and launch sophisticated embedded insurance products on Sure’s SaaS infrastructure to scale and distribute their own services.