---
title: Resident's Insurance Made Simple
description: Insurance Solutions For Property Managers & Residents
image: https://habitatspecialty.io/hubfs/Habitat%20Specialty/03%20-%20Images/Hero/Hero_Inzu_ResidentsInsurance.jpg
---

# Resident's Insurance

## Made Simple

Insurance Solutions For Property Managers & Residents

[![I'm A Property Manager](https://no-cache.hubspot.com/cta/default/23630524/a45aaaf7-edbe-4608-8106-f2aabdf2253e.png)](https://cta-redirect.hubspot.com/cta/redirect/23630524/a45aaaf7-edbe-4608-8106-f2aabdf2253e)[![I'm A Resident](https://no-cache.hubspot.com/cta/default/23630524/dec5ea3d-6b68-4810-933f-3387edc8e9ef.png)](https://cta-redirect.hubspot.com/cta/redirect/23630524/dec5ea3d-6b68-4810-933f-3387edc8e9ef)

![Hero_Inzu_ResidentsInsurance](https://habitatspecialty.io/hs-fs/hubfs/Habitat%20Specialty/03%20-%20Images/Hero/Hero_Inzu_ResidentsInsurance.jpg?width=2530&height=2310&name=Hero_Inzu_ResidentsInsurance.jpg)

## How We Work

#### Resident Insurance

Guaranteed issue at time of lease.

#### Insurance Tracking Portal

Renter's Insurance issued insurance is compliant with your lease. If a tenant elects a 3rd party option, our portal provides the ability to track.

#### 24/7 Support

Industry leading service experience dedicated account team for ongoing support training for community managers & owners.

#### See how we can help you.

[ Get Started ](https://habitatspecialty.io/contact-us?hsLang=en)

## Why It's Important

The average claim at an apartment complex is under $10,000. Nearly 3 out of 4 residents don’t have Resident Insurance and over 50% of losses are caused by Residents. This means that the Property Manager is absorbing the cost. Renter's Insurance provides an efficient transfer of this cost.

## **73%**

of residents do not purchase renter’s insurance

## **15%**

of residents who do purchase renter’s insurance allow it to lapse

## **$1.3B**

in annual multifamily property losses are due to fires

## **86%**

of fires are caused by negligence

## **$11B**

in annual multifamily water damage claims

## **92%**

of water damages are resident caused