Budget season is here, and property managers across the country are balancing rising costs, resident expectations, and operational efficiency, all while trying to build protection into their bottom line. With margins tightening and risks increasing, scalable, built-in insurance solutions aren’t just nice to have; they’re a necessity.
Why Protection Needs to Scale
According to the Insurance Information Institute, the average cost of a property damage claim rose to $15,254 in 2023, with water damage and fire leading the pack. Yet many portfolios still rely on a patchwork of resident liability coverage, leaving units unprotected, claims misrouted to commercial policies, and leasing teams scrambling to track compliance.
That’s not just inefficient, it’s expensive.
Our Protect program offers a smarter path forward. Designed to cover every occupied unit (when permitted by lease), it scales across portfolios without adding administrative complexity. You gain consistent protection, potential revenue through resident charges, and a reduced risk of commercial policy claims, all while creating a stronger safety net for your properties.
Don’t Reinvent the Wheel. Integrate It.
A new Property Management System isn’t in the cards for every team, and it shouldn’t need to be. That’s why our IRIS software integrates directly into the systems you already use.
With IRIS, your team can
- Monitor resident compliance in real time
- Simplify insurance tracking
- Minimize gaps in coverage
- Reduce manual errors and follow-ups
It’s a built-in advantage without the learning curve.
Budget for Risk, Not Surprises
According to a recent NMHC/Kingsley survey, 66% of property managers report rising operating expenses as their top concern heading into 2026. Layering in scalable coverage now means fewer surprise costs later, whether from resident-caused damage, liability gaps, or preventable claims.
And when coverage can double as an ancillary income stream? That’s protection working overtime for your budget.
Get ahead of 2026. Schedule a call with one of our licensed experts:
https://www.epremium.com/budget-season-4588/