Phoenix-based Tenant Property Protection (TPP) delivered a self-storage industry first when it announced its new property protection plan designed exclusively for RV and boat owners. The pioneering product, TPP PLUSTM, provides comprehensive outdoor storage protection for tenants and a profitable new revenue stream for facility owners and operators.
“The RV and boat market is growing at a record pace,” said TPP President and CEO, Terry Anderson. “With TPP PLUSTM, we’re excited to be the first company to meet the storage protection needs of both the owners of these popular vehicles and the places where they park them.”Terry Anderson, TPP President and CEO
The launch of TPP PLUSTM coincides with the largest surge ever in RV sales. In 2020 alone, RV sales in the US are up 40% as more Americans search for alternative ways to safely travel, vacation and enjoy socially distanced leisure time. The trend is expected to continue in 2021, with millennials making up the fastest-growing segment of the market at 38%.
The record number of recreational vehicles on the road brings with it a record demand for safe, convenient and affordable storage. While the self-storage industry has long utilized its excess outdoor space to help meet this demand, today’s evolving RV and boat market presents a unique opportunity to increase occupancy, protect tenant property, and drive new revenue.
New TPP PLUSTM, an Accidental Damage Waiver/Deductible Reimbursement (ADW/DR) plan, eliminates the out-of-pocket deductible incurred when owners use expensive RV and boat insurance for damage claims. The simple, pay-with-rent TPP PLUSTM plan protects against on-site accidents, external and internal damage, and up to $250 in content theft – all with zero deductibles, zero concern for insurance rate increases, and for only pennies a day.
“We’ve built our reputation helping self-storage owners protect their reputation,” said TPP’s Anderson. “TPP PLUSTM is our industry’s first solution that reliably protects big toys and provides bottom-line profits.”Terry Anderson, TPP President and CEO
To learn more about TPP PLUS ADW/DR Protection Plan, visit TPPPlus.com or call 877-575-7774.