Benefits Of Membership

We work closely with our broker, HUB International, Ltd., to provide  the supportive services our members need, ranging from risk reductions and loss mitigation programs and group insurance coverage to the issuance of insurance certificates and claims handling, all tailored to the needs of our members.

There are many benefits of being a member of NRMC, including the following:

• Access to the global insurance and reinsurance marketplace
  
• Multi-disciplined team of insurance experts at your disposal
• Program size provides group purchasing power
  
• Minimization or smoothing of swings in volatile insurance market
  
• All policies meet or exceed typical lender requirements
  
• Full blanket limit on property policies (no coinsurance) 
  
• Builders and Property Coverage of $25,000,000 included at existing property policy rates
  
• General Liability includes properties under construction and vacant buildings
  
• On-Site Resident Services included in General Liability
  
• General Liability and Umbrella aggregate applies per location
• Significant rate reductions over other insurance placements:  an average savings for new members of 20%
  
• Higher limits and broader coverage, including catastrophic cover, as needed
  
• Lower deductibles
  
• Loss Control and Claims Management “best practices” shared between participating members
  
• Claim Hotline available 24/7/365
• Aggressive claims management and advocacy by broker partner 
  
• Risk Management training, a website designated for member administrative and property personnel
  
• Risk Management webinars and risk reduction/loss mitigation programs
  
• NRMC Program Web-Portal
  
• Automated Certificate of Insurance issuance