The Renters Insurance Policy allows you to adjust the minimum Liability Insurance or Content Requirement and set a requirement for Proof of Insurance.
This step-by-step guide helps you adjust your Renters Insurance Policy.
STEP 1: Navigate to Administration → Policies → Renters Insurance.
STEP 2: To add a new policy click + New Tenant Insurance Policy.
To edit an existing policy, select the policy → Insurance Requirements → Edit (skip step 3)
STEP 3: Choose the scope of the policy from the Scope list.
| Scope: Organization | Includes all buildings in your environment |
| Scope: Province |
Includes all buildings in one province Applied To: Select Province |
| Scope: Complex |
Includes all buildings in Complex (If previously set up) Applied To: Select Complex |
| Scope: Building |
Includes one selected building Applied To: Select Building |
STEP 4: Go to Insurance Requirements and select the checkbox if you would like to set the requirement.
| Require Minimum Liability | Specify the minimum amount (this minimum is reflected in the TenantSure options for the tenant). |
| Require Minimum Contents | Specify the minimum amount (this minimum is reflected in the TenantSure options for the tenant). Turning on this functionality, “Loss of Use” coverage would be available within the insurance purchased in the resident portal. |
| Proof Optional | If selected this removes the requirement to upload insurance documents for third-party insurance. |
STEP 5: Select Save.
This task is now complete