Wisconsin-based insurtech start-up SafetyNet has introduced a new offering aimed at landlords. The product, dubbed Renter SafetyNet, allows landlords to guard against tenants being unable to pay rent due to loss of income. “Renting is not an option for many people in the United States,” said CEO and founder David Berkowitz. Claims can cover rent payments lost over a period of up to three months.
Wisconsin-based insurtech start-up SafetyNet has introduced a new offering aimed at landlords. The product, dubbed Renter SafetyNet, allows landlords to guard against tenants being unable to pay rent due to loss of income. Coverage starts from $5 for landlords with less than 40 units. Claims can cover rent payments lost over a period of up to three months.