How Wixer turned renters insurance compliance into a $1.8M-a-year revenue stream
Wixer Property Management, one of the fastest-growing residential managers in the U.S., expanded from 1,000 to nearly 30,000 units across multiple regions, five software systems, and a fragmented, manual approach to renters insurance. By late 2021 Wixer needed one scalable program. Beagle standardized compliance across all 30,000 units, regardless of the software each property used.
Wixer is an anonymized name. The story and results come from a real Beagle customer.
The challenge
- 01
High admin burden
Staff spent hours every week tracking tenant insurance by hand.
- 02
Inconsistent compliance
Coverage rates varied widely, and many residents lacked valid policies.
- 03
Lost revenue
Third-party programs kept the profits while Wixer carried the risk.
- 04
Friction for residents
Insurance steps added confusion and slowed down move-ins.
The solution
Certificate chasing ended
Wixer automatically verifies residents' policies using Beagle and catches lapses as they happen. Compliance lives on one dashboard.
A waiver in the lease
Residents opt into Wixer's in-house waiver at lease signing, $12 to $18 per month. Beagle's platform average sign-up rate is 93%.
No software changes
Wixer connected Beagle to all five of its platforms, including AppFolio and Yardi, without changing any of them.
The economics flipped
Wixer kept 80% to 90% of program profits at no cost and no risk. By 2024 that meant $150K per month, a $1.8M annual run rate.
The program kept growing
From there, Pet Damage Waivers and Deposit Alternatives improved move-ins and opened new revenue.
The results
100% compliance, zero admin
Insurance tracking is fully automated. Staff reclaimed more than $50K per year in time.
Better resident experience
Smoother onboarding, fewer fees, higher satisfaction.
17x program growth
Waiver enrollment climbed from 600 to more than 10,000 residents in three years.
$1.5M+ cumulative profit
Reached by 2024, with growth still accelerating.
Why it matters
Beagle turned a compliance headache into a revenue driver and a resident amenity. Compared with legacy options like AppFolio's FolioGuard or Second Nature, Beagle gave Wixer full control, deeper integration, and better margins. As Wixer eyes 50,000+ units, Beagle remains a central part of its growth plan.
“We knew our renters insurance process was ineffective. Compliance was spotty at best, and our staff was spending hours each week chasing proof of insurance. We were in need of a better way, something scalable that could unify all our offices under one program.”
