Hi! Back again needing renters insurance help!

Hi! Back again needing renters insurance help! The suggestions previously posted wouldn’t work with us. I am a nonprofit running a pilot program for the city. We master lease units (lease in our name) and house individuals as occupants. I need renters insurance in the agency name not the occupants. My background is 15 yrs in the multifamily world (out for 5 now) and I’ve never had so much trouble with renters insurance! TIA

Why can't you just add thr person each time to your policy or have them have theirs as well.

This is what we are doing now but that means the unit would be uninsured when it’s vacant.

You need to go through a major carrier and it will be more expensive when you won’t be the one living there.

Leah Love we have even tried that and had no luck. Money isn’t the issue. I just need to be able to do it that way! lol.

In order to obtain renters insurance in the agency's name rather than the individual occupants, you will need to work with an insurance provider that offers commercial renters insurance policies.
You will need to provide details about the pilot program, including the number of units being leased, the value of the property, and any specific coverage requirements. The insurance provider will assess the risks associated with the program and provide you with a quote for the appropriate coverage.
It is important to review the terms and conditions of the policy carefully to ensure that it meets the needs of your organization. Additionally, you may want to consult with a legal advisor to ensure that the insurance policy complies with any regulations or requirements specific to your nonprofit organization.

You are the leaseholder, not the tenant.
Renters insurance refers to the occupant.
What are you trying to insure ?
Facility structure ? The building you don't own.
Contents property you own inside the unit ? Furniture and fixtures ?
Or liability damages caused by Tenant you placed ?

I thought it had to be in the name of the tenant so coverage could actually be legally applied? A lot of places have a partnership with insurance that can be paid through the lease. If that isn't an option then it may be best to do it through a reimbursement process for the tenants.
It would also be a safeguard for your company against excessive liability. Holding insurance in their name may give some accountability against some of the more major damage renters can inflict.

As a landlord of 14K units, No

Can you add the property as an additional insured on the non-profit’s insurance?