LeaseTrack
LeaseTrack is a cloud-based renters insurance compliance platform that helps property managers track, enforce, and automate insurance requirements across residential portfolios, offering certificate tracking, a master policy TLL program, and embedded integration with property management software like Rent Manager.
- Company typePrivate
- Founded2019
- HeadquartersLatham, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What LeaseTrack does
LeaseTrack is a cloud-based renters insurance compliance and distribution platform that helps property managers and owners enforce and monitor insurance requirements across their residential portfolios. Founded in 2019 and headquartered in Latham, New York, the company operates as a wholly owned product of MSI (Millennial Specialty Insurance, LLC), with insurance distribution handled through BRP Effective Coverage, LLC — a Delaware-domiciled, licensed property & casualty agency affiliated with Baldwin Risk Partners. Its core offering combines a certificate-tracking database, an automated compliance engine, and a Tenant Legal Liability (TLL) master policy program that lets property managers auto-enroll non-compliant residents at $14–$17 per resident per month. The platform processes policy data from certificates across all 50 U.S. states and most Canadian provinces, underwritten through carrier partnerships with The Travelers Indemnity Company, Selective Insurance Group, and Bankers Financial Corporation.
The underlying technology is an API-first, cloud-native architecture with 200+ APIs and 25+ integrated property management software partners — most notably Rent Manager, where LeaseTrack is embedded as a native tile inside Tenant Web Access (TWA). The platform continuously monitors policy status, sends automated lapse and renewal notifications to residents, and pushes compliance updates to leasing staff without manual intervention. It also offers a separate manufactured homeowners insurance product, expanding beyond traditional renters into single-family, double-wide, modular, and tiny home coverage with dwelling limits up to $300,000. To date, LeaseTrack reports having tracked more than 1 million units and scanned over 2 million certificates since founding.
LeaseTrack operates a hybrid go-to-market spanning four motions: product-led growth through a self-serve portal (secure.leasetrack.ai) where renters and homeowners can buy policies and upload proof of coverage; OEM/embedded distribution via Rent Manager's TWA; enterprise field sales targeting large multifamily property owners and operators; and channel partnerships with property management software vendors and insurance carriers. Revenue is generated through three recurring streams: per-resident TLL program fees, carrier commissions on renters and manufactured homeowners insurance placed through BRP Effective Coverage, and subscription-based certificate management and compliance services for property managers.
LeaseTrack firmographics
Firmographics- Name
- LeaseTrack
- Legal name
- BRP Effective Coverage, LLC
- Website
- https://leasetrack.ai
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- LeaseTrack is a cloud-based renters insurance compliance platform that helps property managers track, enforce, and automate insurance requirements across residential portfolios, offering certificate tracking, a master policy TLL program, and embedded integration with property management software like Rent Manager.
- Ownership category
- akta.pro rank
LeaseTrack industry classification
Industry- Product category
- Insurance Compliance Software
- NAICS
- Rental and Leasing Services (532)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Renters Insurance (FSAJACAB)
- akta.pro secondary industry
- Residential Lease Administration & Tenant Services (BPAJAFAL)
Keywords
Where LeaseTrack is headquartered
LocationHeadquarters
- HQ city
- Latham
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
LeaseTrack business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Tenant Legal Liability (TLL) Program Fees: Property managers enroll residents who do not purchase their own renters insurance in a master policy program. Residents are charged monthly TLL fees ($14-$17 per participating resident/month) which are collected alongside rent payments.
- Insurance Policy Sales (BRP Effective Coverage): LeaseTrack, powered by BRP Effective Coverage, LLC (a licensed property & casualty agency), earns commissions from insurance carriers when renters and manufactured homeowners purchase coverage through the platform. Coverage includes liability, personal property, medical payments, and additional endorsements.
- Certificate Management and Compliance Services: Property managers pay for insurance tracking and certificate management services, including automated compliance monitoring, reporting, and enforcement features integrated into their property management workflows.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Single/Multi-Family TLL - $100K Liability |
| Unit Pricing | Monthly | Single/Multi-Family TLL - $300K Liability |
| Unit Pricing | Monthly | Manufactured Housing TLL - $100K Liability |
| Unit Pricing | Monthly | Manufactured Housing TLL - $300K Liability |
| Unit Pricing | Monthly | Manufactured Housing TLL - Bodily Injury & 3rd Party Property Damage Add-On |
| Subscription | Monthly | Renters Insurance Coverage Options |
| Subscription | Monthly | Manufactured Homeowners Insurance |
| Subscription | Monthly | Additional Living Expense/Loss of Use Coverage |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels5 records
LeaseTrack product offering
Product offeringCore offering
LeaseTrack is a cloud-based insurance compliance tracking platform that helps property managers monitor, enforce, and automate renters insurance compliance across residential portfolios. The platform integrates into property management software (e.g., Rent Manager) via 200+ APIs to track certificates, automate resident communications, and offer a Tenant Legal Liability (TLL) master policy program. LeaseTrack also distributes renters insurance and manufactured homeowners insurance directly to consumers through BRP Effective Coverage, LLC.
Product overview
LeaseTrack is a compliance and insurance platform that offers renters insurance, manufactured homeowners insurance, compliance tracking, and Tenant Legal Liability (TLL) master policy programs. The platform integrates with property management software like Rent Manager to provide automated insurance tracking and enforcement. The core products include renters insurance coverage options, manufactured home insurance, certificate tracking and management, and a TLL program that allows property managers to automatically enroll non-compliant residents in a master policy. The system monitors policy status, sends automated notifications, and provides detailed reporting to ensure properties remain protected.
Differentiator
Problem solved
Functional benefit
Products and services
- Renters Insurance Insurance coverage options for residential renters including liability ($100K-$300K), personal property (up to $100K), medical payments, and additional endorsements (bed bug, pet liability, water backup). Distributed via BRP Effective Coverage, LLC from highly rated insurers, with automatic approval and no underwriting questions.
- Manufactured Homeowners Insurance Specialized insurance policies for manufactured homes (single-family, double-wide, modular, tiny homes) with dwelling coverage up to $300,000, property coverage up to 200% of dwelling, liability up to $500,000, and deductibles up to $3,000. Includes earthquake coverage and additional endorsements.
- Insurance Compliance Tracking Cloud-based insurance compliance monitoring solution that tracks coverage status throughout the policy lifecycle, communicates with residents about coverage lapses, and provides detailed reporting and analytics to leasing staff for multi-family and single-family rental portfolios.
- Tenant Legal Liability (TLL) Master Policy Enforcement program offering compliance tracking plus a tenant legal liability master policy where the property manager is the insured. Promotes 100% compliance by charging non-compliant residents a flat monthly fee ($14-$17 per participating resident) for liability coverage of $100K or $300K.
- Certificate Tracking & Management Automated system for tracking insurance certificates. Policy data from all certificates is abstracted, reviewed, and stored in the LeaseTrack database, providing automated notifications to leasing staff when residents purchase policies, upload proof of coverage, or when coverage lapses.
- Rent Manager Integration Built-in insurance partner integration for Rent Manager property management software. Offers tracking and enforcement features accessible through Tenant Web Access (TWA), including tile notifications for residents and automated compliance at lease renewal.
Quantifiable outcome
- 3 hours per unit saved annually in leasing staff time spent tracking insurance
- +3 more outcomes
Companies that use LeaseTrack
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
LeaseTrack technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability1 record
Feature5 records
LeaseTrack partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and primary.
- MSI (Millennial Specialty Insurance, LLC)coreLeaseTrack is a wholly owned product of MSI (Millennial Specialty Insurance, LLC). MSI provides the parent company infrastructure, financial backing, and strategic direction for LeaseTrack's insurance compliance platform serving the rental housing industry.
- BRP Effective Coverage, LLCcoreBRP Effective Coverage, LLC (a licensed property & casualty agency in all states where products are offered) powers LeaseTrack's insurance offerings. The company is dba BRP Effective Coverage Insurance Agency in California (CA License #6005688). BRP Effective Coverage is an affiliate of Baldwin Risk Partners.
- Rent ManagercoreRent Manager's preferred insurance partner for renters and manufactured home owners. LeaseTrack integrates directly into Rent Manager's Tenant Web Access (TWA) platform with insurance tracking and enforcement tiles. Property managers can activate tracking and master policy enforcement features directly in TWA.
- The Travelers Indemnity CompanycorePrimary insurance carrier partner underwriting renters insurance policies. One Tower Square, Hartford, CT 06183. Subsidiary carriers include First Floridian Auto and Home Insurance Company (Florida), The Phoenix Insurance Company, The Standard Fire Insurance Company (Massachusetts), First Trenton Indemnity Company (New Jersey), and Travelers Lloyds of Texas.
- Selective Insurance Group, Inc.primaryInsurance carrier partner underwriting property and casualty policies. 40 Wantage Avenue, Branchville, New Jersey 07890.
- Bankers Financial CorporationprimaryInsurance carrier partner underwriting policies in Florida and other states. 11101 Roosevelt Blvd N, St. Petersburg, FL 33716. Subsidiaries include Bankers Insurance Company, First Community Insurance Company, Bankers Specialty Insurance Company.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
LeaseTrack competitors and assessment
Company assessmentBroad incumbents
- AppFolio: Property management software platform serving multifamily and single-family operators. Comparable as a software partner and potential competitor for built-in insurance compliance features that could displace LeaseTrack integrations.
- Assurant: Large, publicly traded insurance provider with established renters insurance programs and a dedicated multifamily housing offering (AssurantConnect). Comparable to LeaseTrack as an incumbent supplier of renters insurance and compliance solutions to property managers and operators.
- Buildium: Property management software platform widely used by residential landlords. Comparable to LeaseTrack's integration ecosystem; could embed competing compliance or insurance offerings.
- Lemonade: Digital-first insurance carrier offering renters insurance among its product suite. Comparable to LeaseTrack in selling renters insurance to residential tenants through a streamlined digital experience.
- Yardi: Major property management software platform with broad resident services. Comparable to LeaseTrack's integration partners; Yardi represents both a potential distribution channel and a potential in-house competitor for insurance compliance tracking.
Direct peers
- Rhino: Renter-focused insurance and deposit alternative provider serving multifamily operators. Comparable to LeaseTrack in offering embedded renters insurance products distributed through property manager partnerships.
- Jetty: Direct-to-renter insurance and deposit-alternative product (now part of Assurant). Comparable to LeaseTrack in distributing renters insurance to multifamily residents and partnering with property managers for embedded coverage.
Emerging players
- Hippo Insurance: Insurtech focused on homeowners insurance with data-driven underwriting. Comparable to LeaseTrack as a tech-forward insurance distributor that leverages integrations and partner channels, though focused on owners rather than renters.
- Kin Insurance: Digital homeowners insurance provider with a focus on catastrophe-exposed markets and manufactured homes. Adjacent to LeaseTrack's manufactured homeowners insurance product offering.
Others
- Sure (insurance infrastructure): Insurance infrastructure platform enabling digital distribution of insurance products. Comparable to LeaseTrack as enabling technology for insurance distribution, though operating at the infrastructure/carrier level rather than tenant-facing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
LeaseTrack social profiles
Digital presenceLeaseTrack compliance and trust
Trust signalCompliance1 record
LeaseTrack financial estimates
Financial estimateRevenue estimate
Valuation estimate
LeaseTrack leadership team
Management profileNumber of profiles
LeaseTrack funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LeaseTrack M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LeaseTrack
What does LeaseTrack do?
LeaseTrack is a cloud-based insurance compliance tracking platform that helps property managers monitor, enforce, and automate renters insurance compliance across residential portfolios. The platform integrates into property management software (e.g., Rent Manager) via 200+ APIs to track certificates, automate resident communications, and offer a Tenant Legal Liability (TLL) master policy program. LeaseTrack also distributes renters insurance and manufactured homeowners insurance directly to consumers through BRP Effective Coverage, LLC.
Is LeaseTrack a public or private company?
LeaseTrack is a private company. It is classified as corporate owned and is currently operating.
When was LeaseTrack founded?
LeaseTrack was founded in 2019. It employs 11 to 50 people.
Where is LeaseTrack based?
LeaseTrack is headquartered in Latham, United States, in the North America region.
How does LeaseTrack make money?
Three revenue lines are on record. Tenant Legal Liability (TLL) Program Fees are the primary driver. The others are insurance Policy Sales (BRP Effective Coverage) and certificate Management and Compliance Services.
Who are LeaseTrack's main competitors?
Broad incumbents on record are AppFolio, Assurant, Buildium, Lemonade and Yardi. Direct peers are Rhino and Jetty. Emerging players are Hippo Insurance and Kin Insurance. Sure (insurance infrastructure) is listed as an others.
Does LeaseTrack have an API?
No public API is recorded for LeaseTrack.
What industry is LeaseTrack in?
LeaseTrack's product category is Insurance Compliance Software. Its primary akta.pro industry code is FSAJACAB, Renters Insurance, with a secondary code of BPAJAFAL, Residential Lease Administration & Tenant Services. Its NAICS code is 532 and its SIC code is 6531.