Proof of insurance simply means confirming a tenant has valid coverage on the belongings they store with you. It matters because when stored goods are damaged, an uninsured tenant often looks to the facility to make them whole, which can turn into a claim, a complaint, or a lawsuit. Confirming coverage protects your tenants’ property and shields your facility from risk you were never meant to carry.
The challenge has always been managing it. Verifying policies, tracking expirations, and following up on lapses is exactly the kind of manual work that falls through the cracks. That’s what our CompliVerify program solves. It’s a hands-off solution that verifies tenant coverage, monitors it over time, and keeps your tenants continuously protected, maintaining around 85% enrollment across the facilities we serve without adding work for your staff.
How you structure the requirement is up to you. In limited-lines licensing states you can run a voluntary or lease-compliance model, and an SBOATI specialist can help you choose the right fit for your operation.
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