From $1 per door, per month in your first year.
Forward what you got, with your contractor's estimate. Right away you know where the money should come from, including when not to use your own coverage.
Send us two claims and see yoursUnit 2B kitchen fire
Reported today · Tenant-caused · Contractor estimate $62,000
Who pays
Unit 2B renters policy · HO-4
$100,000 liability, on file
Your building policy
Nets $2,000 after your $10,000 deductible
Your move
Recover $50,000, nothing on your record
Unit 5C water leak
Carrier reviewing the supplement
Building C hail
Loss of rents decision due 12 October
Every one of those decisions, added up over a year.
Send us two claims to check this$488,000
back in your pocket this year
Estimate based on Tugboat's own client experience. Your results depend on your portfolio and your losses.
How it works
Before the loss
Every policy across the portfolio is read and graded: limits, deductibles by peril, the exclusions that decide a claim. You find out you're underinsured now, not after the fire.
Building C policy
Gap in wind and hail
The deductible is 5% of the limit for each building.
On a $2.4M building, that's $120,000 before the policy pays.
No ordinance & law coverage. Code upgrades after a loss would be yours to pay.
Tenant policies
Every tenant's renters policy is on file. When a tenant causes damage, or costs run past the security deposit, the recovery comes from their policy instead of your pocket.
Can I go after the tenant?
Unit 3A's renters policy is on file with $100,000 in liability. Your $5,000 deductible is recoverable through it.
Ready to send
$5,000 claim to 3A's renters insurer, drafted from the lease and the repair invoice
Through settlement
Every open item shows whose court it's in and what it's worth. Supplements, lost rent and ALE get claimed instead of forgotten, and your team sees the whole portfolio at once.
Your court
Sign the proof of loss
SignTheir court
Supplement review
9 days waiting
Loss of rents decision
Due 12 October
Their PM got it to $300K. With Tugboat, it reached
$1M+
Total, no attorney
The pilot
Year one pricing
$2$1
per door, per month (billed annually)
50% off your first year, for portfolios of 500+ units
$2 per door, per month after year one, and for portfolios under 500 units
Bring us two open or recently closed claims and see what Tugboat can do.
Rather email? hello@tugboat.claims
No, and it doesn't replace them. Your broker places the policy. Tugboat is about what happens after a loss: knowing whether to file, which policy it belongs on, and getting paid what it's worth.
Tugboat works alongside public adjusters. It sees every loss in the portfolio, including the smaller ones that don't make sense for a PA, and clients get 20% off Waypoint's fees on losses over $250K.
Anything that damages a unit or the building: water, fire, mold, storms, move-out damage. If you're not sure, that's a good one to send.
Bring two you've recently closed. One that settled for less than you expected is a good test of what Tugboat can do.
Nothing. It's a free look, with no contract.
