Property management companies face significant challenges when verifying renters insurance. Today’s process is manual, slow, and error-prone, leading to:

• Delayed Tenant Approvals – Property managers spend countless hours chasing tenants for proof of insurance, reviewing documents manually, and ensuring compliance with lease requirements.
• High Risk of Fraud and Non-Compliance – Without automated verification, tenants can submit expired, fraudulent, or non-compliant policies that slip through the cracks, exposing landlords to liability.
• Lack of Ongoing Compliance Monitoring – Once a tenant moves in, ensuring their coverage remains active requires additional manual checks. Without recurring verification, property managers may unknowingly assume risk when coverage lapses.

These inefficiencies slow down leasing, increase administrative burden, and put properties at financial risk.

A Seamless, Automated Solution

MeasureOne’s Renters Insurance Verification solution eliminates these pain points by providing:

• Real-time validation of renters insurance policies to eliminate manual errors
• Automated re-verification at regular intervals, including application and lease renewal
• Enhanced fraud protection with built-in safeguards
• Seamless integration with existing tenant screening workflows

A Growing Market Opportunity

The U.S. renters insurance market continues to expand, projected to reach $5.89 billion by 2025. With 75% of insured renters required to hold coverage by their landlords, demand for automated verification solutions is higher than ever.

Built for Property Managers, Designed for Efficiency

MeasureOne’s new solution is designed for property managers who struggle with time-consuming verification processes. Existing customers already using MeasureOne for income and employment verification can seamlessly add renters insurance verification to their approval workflows—without additional integrations.

“By automating renters insurance verification, we’re providing property managers with a frictionless way to ensure every tenant meets lease compliance requirements,” said Elan Amir, CEO at MeasureOne. “This launch is another step in our mission to make consumer data access and verification scalable and seamless for any transaction. This latest solution extends that commitment by automating a critical, yet historically cumbersome, process for property managers and tenants alike.”

To learn more, visit: https://www.measureone.com/

About MeasureOne
MeasureOne is a leading data access and verification platform, enabling businesses to securely access and verify critical information across insurance, income, employment, and other key data domains.

SOURCE MeasureOne