Frequently Asked Questions
Who is SLEEP TIGHT for?
The Property Manager who wants to earn new revenue while simultaneously reducing headache. And, the Property Owner who is unaware of the risks posed by a bed bug infestation.
How do Property Managers play a part?
SALT RISK SOLUTIONS equips Licensed Property Managers with the resources they need to protect their property owners and enables them to offer the product in a clear, compelling fashion.
What does Bed Bug Insurance do?
Within the limit stated within your contract, our Bed Bug Insurance Product protects a homeowner from 100% of the treatment costs associated with an infestation as well as 70% of the lost rental income* should a guest be refunded or relocated to a different property.
Are bed bugs really that common?
Yes - In 2018, the National Pest Management Association (NPMA) reported that 97% of pest control professionals in the United States treated for bed bugs in the past year(2018). The highest volume of bed bug encounters occur in single-family homes, condominiums, and hotels/motels.
How much does Bed Bug Insurance cost?
Our bed bug insurance product is designed to be affordable to all. This makes it an easy sell for property managers who ask their owner-base to participate.
Who handles the claims process?
SALT Risk Solutions, in connection with Collective Underwriters, will oversee the processing of each claim. We calculate the rental losses. We tally the total treatment expenses. We work with the Property Manager to care for the affected guests. And one reimbursement check is mailed for the grand total once the claim is processed and approved.