Rent Default Insurance: A REALTORS® Guide

 

 What your clients need to know…

Aon Rent Protect, a groundbreaking new insurance product, is now being offered in Colorado for the very first time. Aon Rent Protect is designed to protect residential landlords from financial strain as a result of lost income from rent default or legal fees associated with eviction proceedings.The Colorado Association of REALTORS® has officially endorsed Aon Rent Protect in an effort to encourage REALTORS®, property managers and other industry professionals to inform their clients about this new product.

“One of our initiatives at CAR is to help safeguard the well-being of Colorado homeowners and promote market stability,” says Bob Golden, CEO of the Colorado Association of REALTORS®. “We would like to see all Colorado Landlords protect themselves and their investments.”

Considering Colorado’s economic climate and resulting stress on the real estate and rental markets, Aon Rent Protect will play an important role in reducing residential investment owner’s losses.

This new insurance provides needed financial security for current landlords, and may be the tipping point for many Colorado homeowners who are considering renting out their homes until the market fully recovers.

What you need to know…

It goes without saying that as a REALTOR® you are THE resource for your clients, and many of these clients are real estate investors.REALTORS® are a perfect fit for Aon’s Property Manager Referral Program. As a REALTOR®, you have the ability to earn referral compensation for each client you refer to the Rent Protect Program.

Here’s how the referral program works:

Register for the Property Manager Referral Program. While Aon’s program is marketed towards property managers, it really is perfect for REALTORS®.

Receive a personalized web link and other marketing materials with which to inform clients.

Earn referral compensation on each Aon Rent Protect policy purchased by clients.

Visit www.aonrentprotect.com/CAR to get started.