for Student Housing

Protect your properties from unexpected turn

Students are unpredictable. Enroll your properties for Lease Flexibility Coverage from Cios and protect yourself from lease breaks, skips, no-shows, and more.

Book a Call Download Fact Sheet

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Protect your properties from the inherent risks of lease breaks in student housing

Students' lives often change unexpectedly — only 60% graduate within 6 years from their initial college. Safeguard your properties against prolonged vacancy and bad debt by enrolling in Lease Flexibility Coverage from Cios.

Download Fact Sheet



Early graduation

We'll cover residents' remaining rent and any break fees if they graduate ahead of schedule and decide to move out early.



College transfers

We'll cover residents' remaining rent and any break fees if they are approved to transfer to a different college and must move out early.



College withdrawal

We'll cover residents' remaining rent and any break fees if they withdraw from college and decide to move back home.



College dismissal

We'll cover residents' remaining rent and any break fees if they are dismissed from college for academic reasons.



Medical leave

We'll cover residents' remaining rent and any break fees if they are approved for a medical leave from school and want to move home.



Internships

We'll cover residents' remaining rent and any break fees if they relocate for an internship that was approved after the signing date of the lease.

Introducing Optional Add-On Coverage for Cancellations

Protecting your properties and your residents from no-shows.

Add-On Coverage for

Cancellations

Lease Flexibility Coverage from Cios covers your prospective residents for rent owed for up to $1,250 per month for up to 3 months, in the event they need to cancel their lease before their move-in date.

Optional add-on cancellation coverage is available for for rents up to $3,500 per month for up to 6 months.

Benefits for Student Housing Providers

Student with Lease Flexibility Coverage from Cios are covered for rent and lease break fees owed, reducing your losses and bad debt on turn and vacancy.

Cut bad debt from unpaid skips and lease breaks

Lease break fees, skips, and other post-moving fees suffer from low collections rates. Reduce bad debt proactively by ensuring payment of lease break fees.

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Exterior of a modern apartment building at dawn

Reduce economic vacancy from lease breaks

Off-peak vacancies from lease breaks are costly, especially in student housing. Protect yourself from the risk of extended vacancies with coverage on rent owed until re-lease.

Grow RevPAU by upselling students on coverage

Increase revenue-per-unit (RevPAU) and increase your efficiency by upselling students with a valuable financial amenity package headlined by Lease Flexibility Coverage from Cios.

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Create a unique Lease Flexibility Program tailored for your property

Our onboarding experts can help you develop and implement a unique Lease Flexibility Program tailored for your unique needs.

Book a Call

Minimize risk with minimum coverage requirements for prospective students

Create a custom minimum coverage requirements program for prospective students to minimize risk from early lease terminations and skips across your portfolio.

Set minimum requirements for coverage on fees owed, rent owed, and policy length.
Monitor student compliance through our free property manager portal software.
Increase RevPAU by upselling students on additional coverage options during checkout.

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People walking through a commercial building lobby

Increase RevPAU by upselling prospective students on optional coverage

Implement a custom opt-in or opt-out program for Lease Flexibility Coverage to increase revenue-per-unit and create new monetization opportunites

Embed coverage purchases directly into your leasing process through a PMS integration.
Increase purchase rates with email and direct mail advertising to new students.

For Student-Adjacent Providers

Retain students post-graduation with a portfolio-wide flexibility coverage plan

Retain students post-graduation within your portfolio by providing "move anytime" coverage powered by Cios within your portfolio of properties.

Require or make optional coverage for your "move anytime" policy across your portfolio.
Cover turn costs involved with moving residents from one unit to another in your portfolio.
Retain residents, even when their needs change by incentivizing them to stay in your portfolio.

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