Peace of Mind for Tenants
Damage Doesn’t Always Fall Neatly Under Renters Or Property Insurance
Our Liability Waiver Program provides tenants with financial protection in case of accidental damages to the rental property. This program helps cover costs for unexpected incidents, ensuring you are not personally liable for major expenses to repair accidental damages.
❋ Liability Waiver Program
Your Coverage Benefits:
Up to $100,000 in accidental damages caused by:
Fire (Excludes fires caused by lithium-ion batteries)
Smoke
Explosion
Flooding
Sewer Backup
Up to $3,000 in accidental damages caused by:
Management approved service and support animals
Your security deposit will be used first before coverage kicks in.
How It Works
1
Include LLP in new and renewing lease agreements
2
Tenants pay a small monthly premium for coverage
3
Send us your rent roll to register your units
LLP has been great to work with! When tenants cause damage, we don't have to waste time chasing tenants in court or in collections. It just gets taken care of. LLP has been a lifesaver, and our owners love it.
❋ Liability Waiver Program
Why Property Managers And Owners Choose LLP
When renters insurance isn't in place or falls short, there's already a solution.
Helps avoid filing claims that drive up owner premiums
Reduces situations where you're chasing tenants for damage costs streamlining how you handle tenant-caused damage
Makes you stand out and provides additional revenue potential
