Comparing our products with others:
First off, Beagle programs are all independent and Ala carte menu items. No volume requirements or long-term contracts, stop anytime!
Unlike other insurance and Resident Benefit Package (RBP) providers...
Beagle allows TWO sources of income.
- Administrative fee/or PM RBP Markup (You Set Amount)
- Participate in Underwriting Income (Exclusive to Beagle)
Below is a list of products, services AND YOUR Individual Profit Forecast models
To see you're specific forecast Input YOUR number of doors under management
If applicable, In the Beagle Renters Kit forecast model, input your current RBP Provider cost per month for their services (INCLUDE AIR FILTER DELIVERY example $12) REMEMBER: Beagle Renters Kit Cost to you $8 and Includes Air Filter Delivery
The forecasts below are based on the parameters set forth in the spreadsheet. Your numbers may vary due to numerous individual variations and conditions
Beagle Renters Kit Program (RBP)
This is a full resident benefit package program that starts at $4. Includes products and services traditionally desirable for tenants. Move in concierge, ID protection, credit reporting, air filter delivery (Extra $4) just to name a few. This program also includes 2 optional tenant benefits, a Tenant Legal Liability (Comparable in coverage to standard renters insurance) and a Security Deposit Reduction. Also included, our industry leading AI technology communication with the tenant on important subjects such as late payment, move out instructions, third party insurance verification etcetera all included in the Beagle Renters Kit program. You set your PM dollar markup and receive a share of underwriting income.
Beagle Renters Kit forecast with comparison Input Your Numbers in ORANGE Cells below
Tenant Legal Liability Program (Comparable in coverage to standard renters insurance)
If you're not interested in a full resident benefit package program (RBP), the simplest and easiest program to install is the Tenant Legal Liability Program as a standalone product. This is a no brainer and every property management company regardless of size or if they are involved with a different RBP provider, should offer the tenant an option for their Tenant Legal Liability . Simply offer a one page lease addendum where the tenant checks a box and is automatically covered for $100,000 liability and their choice for their personal content coverage.
This program offers monthly administrative fees to increase your cash flow and Beagles’ unique additional revenue source through our structure of allowing you a portion of the underwriting income
Security Deposit Protection Replacement or Reduction (SDP)
This would be an add on to the Tenant Legal Liability (Comparable in coverage to standard renters insurance) Program. You can either use this program to eliminate security deposits or simply reduce it by a substantial amount. This gives the tenant additional incentive to move into one of your units by being able to retain additional funds That normally would have gone towards security deposit. You earn an administrative fee monthly per policy in addition to a share of the underwriting income.
Pet damage protection
If your tenants have pets, add this additional protection and revenue source. This is an insurance policy for the property owner from excess damage done by tenant’s pet. This gives the tenant $1500 towards damage to the rental property done by tenant’s pet in addition gives an additional $10,000 worth of liability coverage for dog bites or other actions tenants pet does to other individuals. You earn an administrative fee monthly per policy in addition to a share of the underwriting income.
Beagle Rental Property Protection
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Another easy program to implement that will give your property owners an extra level of protection on their rental property.
You're already doing the work of monitoring repairs to your property owners’ properties. Why not offer and profit from a home warranty product that you have control over. This is a one year term policy renewable year after year and provides property owners protection against failure and breakdown of major components of their rental property.
- Like all Beagle products, two ways to earn:
- 1. You determine markup. Example $100
- 2. Based on your volume, sharing of underwriting income available
Property owners will lean toward your property management services knowing you offer this additional level of protection. Unlike most other home warranty policies this is a continuing ongoing coverages year after year.
This program along with the Beagle renters kit program ads an additional level of profitability to your property management company unheard of in the industry. Providing great services, products, and protections all while generating an all-new profit center.
Whichever Beagle program you choose, be it simply swapping profit positions with tenant’s current renters insurance provider (Tenant Legal Liability Protection only) or a full blown Beagle Renters Kit program, or offering to your property owners an extra level of protection on their rental property with the Beagle Rental Property Protection Program, all of our programs offer upfront income to increase your cash flow and share in the underwriting income of the policies you generate. Another safeguard, we underwrite all of our programs to protect you from any long term and contingent liabilities. Everything to gain nothing to lose.
Best regards…William Cub Shaver
EVP Beagle
Cub@beaglerenterskit.com
P.S. For existing Beagle clients who would like to add the Beagle Renter Property Protection Program simply Fill out the below form and in the “Message” box note you're already existing account and a Beagle Renter Property Protection Program expert we'll get back to you and have you up and running in short order.
Please enter the number of doors (units/properties) your property management company manages
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Reach out to our team with questions anytime.