It has become a common story in cities across the country: An apartment complex is set on fire by an e-bike lithium battery. The fire destroys not only a single apartment, but also harms neighboring units.
To protect themselves against this sort of catastrophic loss, it is up to residents to have compliant renters insurance policies in place — but who is checking? This is just one of many time-consuming processes that property owners and operators struggle to keep on top of, but which haven’t yet been addressed by the proptech industry, said Aaron Victorson, Senior Vice President of Sales and Revenue Operations for fintech company TheGuarantors.
