Suites Magazine, February 2010

Page 29

R e n te rs Legal L e g a lLiability L i a b i l i tTM y TM Renters IINSURANCE NSURANCE http://www.rllinsure.com

NOAA

Northeast Ohio Apartment Association

NOAA and Neace Lukens have teamed up to bring an exciting new product to the Ohio multi-housing market! • Often, multi-family apartment owners and managers overlook the concealed risk of uninsured residents by not requiring residents to obtain renter’s liability insurance. • Renters Legal Liability Insurance provides owners and managers a community-based property damage liability program designed to transfer risk, and allows residents to fulfill their contractual lease obligations. TM

• RLL Insurance provides residents with liability protection and peace of mind in the event that they accidentally cause a loss; they are covered up to the policy limit without the risk of losing their personal financial security. • Renters Legal LiabilityTM Insurance is a risk management solution that can positively increase net operating income. There is an ancillary revenue component plus a potential preferred status with the portfolio’s primary P & C carrier which could realize a 10% decrease on annual premiums.

For further information regarding this product, please contact: Neace Lukens - Cleveland

5005 Rockside Road, Suite 1200 Independence, OH 44131 http://www.neacelukens.com Dennis “Skip” Vogelsberger CPCU, CWCC Partner Phone: Toll Free: Fax:

(216) 446-3324 (800) 799-3993 (216) 573-7101

dennis.vogelsberger@neacelukens.com Jeffery P. Reisner CPCU, CWCC Senior Account Executive Phone: (216) 446-3336 Mobile:(440) 840-3899 Fax: (216) 573-7101 jeffery.reisner@neacelukens.com


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