Storable, a supplier of various products and services for the self-storage industry, has launched Auto-Protect Max, an enrollment engine designed to increase tenant-insurance participation at self-storage facilities. It expands on Storable's existing Auto-Protect program by introducing system-driven enrollment and verification capabilities for new and existing customers while providing dedicated support, according to a press release.
The program is available for self-storage operators of all sizes. The integrated portal enables tenants to submit their own insurance for proof-of-coverage review. This information is automatically uploaded to Storable’s property-management software. The company also provides training for facility managers to aid in tenant enrollment, and support for customers during the onboarding process and with claims.
“Operators have told us for years that tenant insurance is too manual and too inconsistent to rely on,” said Storable CEO Chuck Gordon. “Auto-Protect Max shifts operators from partial coverage to 70% to 85%-plus enrollment rates, turning tenant insurance into greater, more predictable monthly income. For the first time, operators can capture more revenue and provide more coverage without adding any operational burden to their teams.”
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Based in Austin, Texas, Storable offers cloud-based access control, management software, marketing and website services, payment processing, tenant insurance, and other self-storage products. Its family of companies includes Bader, SBOA Merchant Services, Select Merchant Solutions, Sitelink by Storable, Storable CRM, Storable Easy, StorageAuctions.com, Storable Edge and Storsmart. The company is backed by Boston-based private-equity firm Cove Hill Partners, which was founded in 2017 and manages an inaugural fund of more than $1 billion.
Source: PR Newswire, Storable Launches Auto-Protect Max, a Fully Managed Tenant Insurance Solution for Self-Storage Operators
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