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Zego Partners with Insurance by PayLease to Simplify Renters Insurance Management for Multifamily

  • 2 Min Read

Partnership offers comprehensive management and renters insurance policies designed for multifamily companies

SAN DIEGO, Calif. (Feb. 28, 2023) — Zego™, a Global Payments (NYSE: GPN) company and leading property management automation platform that boosts retention and profitability, today announced a new partnership with PayLease Insurance Services, LLC (“Insurance by PayLease”), which offers comprehensive insurance policies for property managers and renters.

Property management policies offered by Insurance by PayLease have been tailored to ease the friction associated with managing renters insurance. The new partnership helps operators ensure residents have suitable renters insurance, or otherwise ensure that property managers have adequate protection in lieu thereof, and track ongoing coverage. Insurance by PayLease offers flexible, comprehensive management liability coverage options, which help property managers:

  • Protect against property damage caused by negligent acts of a resident or guests
  • Cover insurance costs by allowing residents to pay for their renters insurance with their monthly rent or as a separate fee
  • Easily track compliance via a management dashboard
  • File property claims directly to simplify operations

“We’re excited to bring this new tailor-made partnership to customers to help alleviate the operational challenges and costs associated with managing multifamily property insurance,” said Stephen Baker, President and General Manager at Zego.

In addition to management policies, Insurance by PayLease also provides reliable, affordable renters insurance policies for residents, accessible through the Zego Pay and Zego Mobile Doorman Marketplace.

Backed by nearly 20 years of experience supporting property management professionals, Insurance by PayLease helps customers protect their property and simplify operations through their partnership with Get Covered. Get Covered’s platform helps to further bridge the gap between insurance and property management and includes policy administration, Certificate of Insurance (COI) tracking, and integration with leading property management software.

“Through our partnership with Insurance by PayLease to provide a user-friendly interface and best-in-class insurance, Zego customers can rely on having the protection they deserve and prevent countless future out of pocket losses,” said Brandon Tobman, CEO of Get Covered.

Visit the Insurance by PayLease website to learn how you can start simplifying renters insurance today.

 

About Zego
Zego (a Global Payments company) is a property management automation company that simplifies cumbersome yet critical workflows for managers and associations. Our mobile-first platform mitigates risk and accelerates NOI growth by helping clients scale resources, build trust, and make data-backed decisions. From payments and utility management to resident communications, all workflows seamlessly integrate into back-end systems, ensuring users have real-time and accurate information at their fingertips. Learn more about what makes Zego one of the best workflow automation platforms for property management at gozego.com.

About Insurance by PayLease
Backed by nearly 20 years of experience supporting property management professionals, PayLease Insurance Services, LLC (“Insurance by PayLease”) helps clients protect themselves and ease the burden of managing multifamily property insurance. Insurance by PayLease partners with Get Covered to offer comprehensive solutions that help residents protect their belongings and property managers simplify the management of multifamily property insurance. Management policies are sold by PayLease Insurance Services, LLC, California license number 6009186 by and through certain wholesaler insurance brokers and partners. Renters policies sold exclusively through Paylease third party brokerage partners. Learn more at insurancebypaylease.com.

About Get Covered
Get Covered builds software solutions for the property insurance sector and acts as the bridge between insurance and real estate. Clients include insurance carriers, insurance agencies, property managers, landlords and membership associations who offer our insurance products to their clients, residents or members. For more information, please visit getcovered.io.

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MEDIA CONTACT:
Mackenzie Martin
Antenna Group
zego@antennagroup.com