Safeguarding Your Investment: How RBP and SureVestor Insurance Offer Owners Strong Protection Options
Owning rental property is a rewarding investment—but with it comes risk. From tenant damage and unpaid rent to liability concerns, these challenges can erode your bottom line. That’s why at Main Street Property Management, we offer a holistic solution that gives owners real peace of mind: our Resident Benefit Package (RBP), combined with flexible insurance choices—including letting you supply your own policy or leveraging SureVestor’s exclusive coverage.
Tenant Insurance: Your Options and Why They Count
Option 1: Use Our Included Master Policy
For those who opt not to supply their own insurance, RBP includes a master liability and personal contents insurance, covering each tenant as additional insured. This provides:
$100,000 in liability coverage
$10,000 in personal contents coverage
$500 deductible
This robust policy protects against tenant incidents while meeting lease requirements and reducing administrative hassle.
Option 2: Provide Your Own Renter’s Insurance (and Pay Less for RBP)
By choosing to provide your own renter’s insurance policy through the RBP portal, your monthly RBP charge drops from $44 to $31.05. This not only saves tenants money—it ensures insurance compliance and helps protect your property. If the tenant’s policy lapses or ends, the RBP’s insurance immediately reactivates, maintaining seamless protection.
Enhancing Owner Protection with SureVestor Insurance
For an even stronger layer of security, we’ve partnered with SureVestor—a provider built by property managers, for property managers. They offer exclusive insurance solutions you can only get through a professional management company.
SureVestor Highlights
Landlord Protection Insurance: Covers malicious tenant damage (up to $35,000), loss of rent for delinquency, eviction costs, and legal fees—all for just over a dollar per day.
ProtectionPlus Bundle: Combines the Landlord Protection and General Liability policies, doubling coverage to $1 million, with fast approval and zero cost to property managers (though owners pay a discounted rate).
Benefits to Owners: What This Means for You
1. Comprehensive Risk Mitigation
SureVestor’s Landlord Protection covers malicious tenant damage, unpaid rent, and eviction-related costs—threats that traditional insurance often ignores. Pairing that with liability or dwelling coverage ensures you’re shielded from a wide variety of scenarios—whether it’s damage, lawsuits, or loss of income.
2. Customized to Your Comfort Level and Budget
Provide your own insurance and enjoy a lower RBP rate, while still gaining access to tenant benefits and auto-reactivation if the policy lapses.
Opt for RBP’s master policy for hassle-free compliance with tenant coverage baked in.
Layer in SureVestor insurance for extra protection—available at competitive pricing and with minimal paperwork.
3. Ease of Management and Admin Integrity
SureVestor insurance is designed to be low-effort: simple onboarding, minimal paperwork, monthly reporting, and owner-specific billing where applicable. This streamlines your experience while keeping coverage reliable.
4. Better Tenant Relationships and Retention
When tenants know they’re covered and benefit from features like immediate insurance reactivation and peace-of-mind protections, they’re more likely to renew leases and adhere to property terms—saving you turnover costs and vacancy headaches.
5. Affordability with Real Value
SureVestor’s Landlord Protection policies cost just over a dollar a day—providing coverage areas that could otherwise be financially devastating. That’s a significant value-add for owner peace of mind.
How to Choose: Decision Checklist for Owners
| Scenario | Recommended Option | Why It Fits |
|---|---|---|
| I want maximum protection with minimal effort | Use RBP master policy + ProtectionPlus bundle | Covers liability, damage, rent loss—all managed for you |
| I have a competitive personal insurance setup | Provide own policy via RBP portal | Lowers RBP cost while maintaining base protections |
| I want landlord-centric coverage for unexpected events | Add Landlord Protection and/or Dwelling Insurance | Guards against malicious damage and claims, with PM included |
| I want to protect from tenant-caused accident damage | Add Tenant Liability Insurance | Covers water/fire incidents without owner out-of-pocket costs |
Final Thoughts
At Main Street Property Management, our Resident Benefit Package is more than tenant perks—it’s a strategic tool that protects your property, ensures income consistency, and streamlines operations. By offering flexible insurance paths, including your own policy or SureVestor’s layered coverage, we give you control, convenience, and comprehensive protection.
No matter which route you choose, RBP ensures compliance, maintains continuity, and supports long-term ROI for your investment. Want to explore how these insurance options align with your preferences and portfolio? Let's discuss your goals and tailor coverage for maximum peace of mind.