Get Covered is pleased to announce its new partnership with LeFrak, one of the New York tri-state area’s most reputable multifamily institutions. With more than 120 luxury residential properties, LeFrak is a preeminent, family-owned property company committed to community development and long-term ownership.
Mitigating risk was paramount for LeFrak. Get Covered was able to help assist in providing insurance compliance and tracking services to ensure its tenants had the right coverage. Get Covered met with LeFrak to understand the challenges they wanted to solve and implemented an effective strategy to ensure its tenants meet the insurance requirements in their lease. LeFrak requires its tenants to have renters insurance with a certain minimum AM Best rating, so we created a custom solution to ensure adherence to each tenant’s lease requirements. Using AI and proprietary technology, Get Covered was able to roll-out in under three weeks.
Get Covered’s technology creates a seamless experience for tenants and makes the process of buying insurance quick and easy. A tenant can buy and meet LeFrak’s renters insurance requirements in under one minute.
One of the biggest pain points for all property managers is tracking insurance. Get Covered is honored to be selected by LeFrak to help solve those pain points.
We are excited to watch this partnership flourish in 2022 and are thrilled to be working with LeFrak.