NREIG Reviews and Northern CA Landlord Insurance

[Ronald Wolcott]

Does anyone have any experience with NREIG regarding a claim? I've seen mixed reviews. I prefer to go with a local agent but it appears CA (or at least Northern CA) is only offering CA Fair Plan plus a supplemental which ends up being nearly four times what I was paying.

[Ryan Letzeiser]

Ronald-

We have quite a bit of capacity to write business in Northern California.  In fact we may be one of the last remaining providers.  There are a ton of complexities here related to why insurance for carrier capacity is becoming problematic.  Th reality is that a lot of problems tie back to legal issues that the state of California have enacted in an effort to protect consumers from drastic changes in rate. Unfortunately they went too far and now in order for a carrier to be writing business that doesn't loose money they have all had to leave the market and will likely come back in a couple years when they can reprice without regulatory issues.  We started writing business in CA this year and are not handcuffed by the past and we provide an exponentially better product than the fair plan.  This is in no way a solicitation (I wont post a link) but rather an option for you if you want to find us to do some digging. Good luck!