Beagle Insurance and Stern Risk both offer resident liability programs and captive services. The useful comparison is how the proposed program protects the property, fits the wider insurance placement and assigns the work and financial risk.
Short answer
Beagle combines resident programs and verification with a public revenue calculator. Stern Risk describes customized resident liability programs within its insurance brokerage and captive management offering. Compare the actual policy, commercial terms, claims responsibilities and PMS workflow. A public estimate or company structure alone does not establish the better result.
Comparison at a glance
Revenue transparency
Stern Risk’s resident liability page describes a proprietary captive facility and customized profit-sharing or client-owned captive arrangements. The reviewed page does not specify a standard premium, deductible, revenue percentage or contract term. Request the terms for your portfolio rather than treating the absence of a public number as an unfavorable quote.
Beagle’s public calculator lets an operator model eligible doors, enrollment, selected program costs and fees. It separates recurring fee income from an annual underwriting profit-share estimate. The latter depends on program performance and agreement terms; it is not a guaranteed percentage of every collected premium.
Ask both providers for the same breakdown: the resident charge, all program expenses, PM compensation, reserve and loss deductions, distribution timing and any capital or collateral obligation. Compare net collected income and downside exposure, not two headline percentages.
Product ecosystem
Beagle combines TLL, optional belongings protection, deposit alternatives, pet damage waivers and the configurable Renters Kit. Select only the resident services and protection your property needs.
Stern Risk’s multifamily page describes insurance placement alongside resident liability, deposit alternatives and deductible reimbursement programs. Its resident liability page identifies market-rate, senior, student, single-family and manufactured housing applications. Confirm eligibility and benefits for the actual property; these descriptions are not a policy schedule.
Insurance structure and claims
Stern Risk identifies itself as a brokerage and captive manager on its company page. Its claims service includes submitting claims to the carrier, following up on adjuster assignment, discussing coverage and advocating for the client.
Beagle’s captive service page describes an owned carrier and claims administrator, including fronting and reinsurance into a client-owned captive. This does not establish that every proposed program uses the same entities or that carrier ownership guarantees lower pricing or faster claim payment.
Request the insurer’s legal name, policy form, insured party, claims administrator, reporting deadline and escalation contact. Test a resident-caused water loss and a declined claim against those documents. Know who decides coverage and who helps assemble the evidence.
Captive formation and management
Both providers publish captive services. Compare a feasibility study with projected losses, operating expenses, capital requirements, reinsurance and a stress scenario before deciding to retain insurance risk. A captive can give more control over risk financing, but losses, reserves and regulatory obligations accompany that control.
Beagle describes a typical fit around $1 million in annual premium, often a large, diversified organization. That is its service-fit guidance, not a legal eligibility threshold. See the captive decision guide for the questions to resolve before formation.
Commercial terms and implementation
Beagle’s FAQ says its PM platform is free; program costs are reviewed before launch and cancellation or term conditions follow the agreement. Confirm resident pricing, fees, minimums, opt-out rules, termination and reconciliation in each proposal.
Beagle lists direct Yardi Voyager, Rent Manager and Rentvine integrations on its AI Tools page. Stern publishes a PMS integration demonstration on its resident liability page. Neither establishes every field, update frequency or workflow for your account. Ask for a demonstration using your PMS version and portfolio rules.
Test outside-policy acceptance, expiration, resident transfers, disputed enrollment and billing corrections. Confirm the launch schedule and staff responsibilities; avoid assuming a universal five-minute rollout or treating a dashboard status as proof that every loss is covered.
Which is right for your portfolio?
An operator seeking to connect resident liability with an existing multifamily insurance placement should examine Stern Risk’s proposed brokerage structure. An operator evaluating Beagle’s resident programs should examine their combined workflow and selected economics. In either case, equivalent coverage documents, tested operations and written costs are more useful than a product count.
Compare other options in our comparison library, or review your proposed Beagle program with the team.
Frequently asked questions
No. A resident liability program may address specified damage to the landlord’s property. A renters policy normally also has personal property, personal liability and additional living expense coverage. Compare the actual benefits, exclusions and insured parties in the selected documents.
First-party product information researched October 9, 2026. Selected proposals and issued documents determine the final terms. Stern Risk is a trademark of its respective owner; this comparison is for informational purposes and is not insurance advice.
See it on your portfolio
Model your own numbers with the Portfolio Revenue Calculator, or review selected programs, costs and agreement terms with our team.