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Building-Wide Damage Waiver Coverage for Fraternity Housing

Protect assets. Reduce risk. Generate revenue.
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A damage waiver provides the consistency renter’s insurance can’t.

Renter’s insurance is inconsistent and difficult to enforce, creating coverage gaps and unnecessary risk for housing corporations and boards.

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Fraternity Matters replaces resident policies with one building-wide damage waiver—automatic, compliant, and designed specifically for fraternity housing.

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Less oversight. Less risk. New revenue with no added cost to the organization.

How the damage waiver program works.

1: Eliminates coverage gaps

One building-wide damage waiver replaces individual renter’s insurance, ensuring the entire house is consistently covered.

2: Reduces administrative cost

Automatic coverage removes the need to track policies, enforce compliance, or resolve insurance disputes.

3: Avoids deductible exposure

Damage is handled through the waiver, reducing unexpected out-of-pocket repair costs.

4: Stabilizes operating expenses

Fewer write-offs and less volunteer time spent on insurance issues support more predictable NOI.

See the financial impact

How our damage waiver program works.

1: Eliminates coverage gaps

One building-wide damage waiver replaces individual renter’s insurance, ensuring consistent protection.

2: Provides first-line damage coverage

Covers resident-caused damage before your P&C policy is touched, helping control premiums over time.

3: Reduces administrative cost

No policy tracking, renewals, or enforcement by boards or volunteers.

4: Avoids deductible exposure

Damage is handled through the waiver, reducing out-of-pocket repair costs.

5: Generates recurring revenue

The program is member-paid, creating monthly revenue with zero cost to the organization.

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Why it's used

  • Member-paid program with no organizational expense

  • Up to $100,000 in damage coverage per house

  • Reduced reliance on P&C insurance

  • Improved parent and member experience

Who it's for

The Damage Waiver Program is designed for organizations responsible for managing and protecting fraternity housing, including:

  • Alumni boards

  • Housing corporations

  • Fraternity-owned or managed chapter houses

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