Protect Your Properties. Strengthen Your Bottom Line.
A multifamily risk management program designed to reduce exposure to resident-caused property loss while creating a new source of ancillary property income.
A Smarter Approach to Resident-Caused Property Risk
Resident-caused property damage, insurance compliance, and mitigation creates significant administrative and financial challenges for multifamily operators. Wogan Group brings these pieces together through a structured program designed specifically for multifamily properties.
Reduce Risk Exposure
Help reduce the financial impact of qualifying resident-caused property damage through a structured risk management program.
Simplify Property Operations
Reduce the time spent managing insurance-related requirements and administrative tasks.
Create Ancillary Property Income
Generate recurring ancillary property income through the program while increasing your property’s NOI.
A Comprehensive Approach to Multifamily Risk Management
The Wogan Group program combines risk mitigation, a resident Damage Waiver program, property-loss protection, and ongoing administration in one structured solution.
Risk Mitigation
Ongoing resident safety education helps reduce preventable property losses before they happen.
Damage Waiver Program
Participating residents are enrolled in a program where the property waives certain obligations for qualifying property damage, subject to program terms and limitations.
Property Loss Protection
The program provides participating properties with financial protection for certain qualifying resident-caused property losses, subject to program terms and limits.
Program Administration
Wogan Group assists with implementation, ongoing administration, enrollment reporting, and claims coordination to support consistent operations across your portfolio.
Create Additional Property Income
Beyond risk management, the program can create a recurring source of ancillary income for participating properties. By incorporating the program into existing resident operations, owners can generate property-level revenue that contributes to overall financial performance and NOI.
Answers to Your Property Protection Questions
Optional Limited Contents Protection may also be available for participating residents, subject to program terms and limitations.
A resident damage waiver program is an arrangement under which a property agrees to waive certain resident financial responsibilities for qualifying property damage, subject to the terms and limits of the program.
Renters insurance is an insurance policy that may provide personal property, liability, and other coverage to a resident. A damage waiver is not renters' insurance. It addresses specific resident financial responsibilities for qualifying property damage as defined by the program agreement.
Yes. Depending on the program structure, participating properties may generate recurring ancillary income from the program. Actual financial results depend on enrollment, program fees, expenses, and other applicable requirements.
Program fees and financial arrangements vary based on the selected structure and portfolio. Contact our team to discuss your properties and available options.
Qualifying damage events, program limits, and exclusions are defined by the applicable program agreement. We will review these terms with you as part of the program evaluation process.
Optional Limited Contents Protection may be available for participating residents, subject to program terms, limits, and exclusions. The program is not renters insurance.
Implementation timing varies based on portfolio size, existing procedures, and program requirements. We will establish an implementation plan with your team during the onboarding process.