Why Insurance Tracking Is Critical for Property Leasing

Any time that you are leasing a car, equipment, or property, you are trusting that the party you are leasing it to will properly care for it and protect it. Unfortunately, that is not always the case, and business owners like you must proactively plan to avoid surprises in the event that an insurance policy lapses. Insurance tracking is vital for the property leasing industry, and here are some of the reasons why.

?

Protecting Your Investment

?

You’ve made a significant investment in the property that you are renting out, so why would you leave that investment up to chance? Insurance tracking is one way to help protect the money that you’ve already spent. We offer both active and passive monitoring services that will keep track of your client’s insurance plans. From processing notices to verifying coverage and renewal, we take care of everything in-house, so you will have the most accurate information as quickly as possible.

?

Lower Your Spending

?

While insurance tracking is an investment, it costs much less in the long run than potential problems related to losses from insufficient or missing insurance coverage. Small mistakes can compound and leave you with significant losses that could have been decreased simply by partnering with a professional insurance tracking company. Because we use a proactive approach, it makes it easier for you to stay on top of things and confidently run your business. Many of the businesses that work with us are able to decrease their losses and save money.

?

Convenient Insurance Verification

?

We have a convenient customer portal that lets you take a look at insurance tracking information, including insurance certificates, in a single location. Our cutting-edge ActivTrak software also makes it easy for you to search through current policies by customer number, policy number, customer name, and more. We are constantly working to make things as convenient as possible for all of our clients, and our software is just one way that we do so. Partner with Lease Tracking Services

For over 30 years, LTS has been the most trusted name in insurance tracking. No project is too big for our team to handle. With customized solutions to meet the needs of customers and insurance providers, we are here to help. To learn more or get started, give us a call today at 1-800-695-8419.