My name is Ron Morno, Chief Sales Officer at Steadily. I'm here to talk to you about how partnering with Steadily can help add value to your business and your customers. Whether you're a real estate investor, a lender, or a property manager, we built our Partnerships platform to meet the unique needs of your business and your customers.

We'll start with some quick background on landlord insurance. It typically covers property damage of the rental property itself, it covers liability in the event that something happens to a tenant or a visitor on the property, and it includes additional coverages like loss of rental income, personal property coverage, and others.

If you're a real estate investor, having the right type of coverage could be make or break for your business. A standard homeowners policy is typically not going to cover losses on a rental property, and if you have the wrong type of coverage or not enough coverage and something happens on the property — like a slip and fall, fire, vandalism, or water damage — your business could be at significant risk. We regularly see claims in the five to six figure range. The only way to make sure you're protected is by having a correctly written landlord insurance policy.

If you're a lender who works with real estate investors, you want to know that your insurance partner can consistently deliver on a few important points. One is providing coverage that meets your underwriting requirements. Another is that they have a broad range of coverage options at competitive rates. And you also want them to be fast and easy to work with. The feedback we get from our lender partners is that by delivering on those things, we help them close more loans and we're protecting their interest in the properties in the event something happens.

If you're a property manager, you're likely taking on a lot of responsibility on behalf of the property owner — things like screening and placing tenants, handling maintenance requests, and collecting rent. Essentially you're taking on a lot of the risk from the owner, and because of that you can become the target of litigation in the event something happens. So for your business, it's important that the policy has adequate coverage. A lot of our property manager partners want at least a million dollars in liability coverage, for example. It's important that you as the property manager are listed as additional insured on the policy — that way the liability coverage extends to you. And it's also important that you have clear visibility and tracking as to whether your owners have the right coverage in place on their properties. Our partner program for property managers is designed to do all those things.

We designed our partner program to be win-win. On one hand, we're solving problems that are unique to your business — for lenders, we're helping you close on loans faster and making sure you're adequately protected; for property managers, we're making sure that you have the right type of coverage and that you're listed as additional insured. At the same time, we're offering a source of revenue to your business by paying a referral fee for each lead that is sent to Steadily. That's the way we make sure both you and your customers are taken care of.

Visit us at steadily.com/partners to learn more. If you work with real estate investors or you are one yourself and you're looking for a fast, reliable insurance partner, head over to steadily.com/partners to learn more.