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Updated almost 10 years ago on . Most recent reply

User Stats

74
Posts
9
Votes
Anja Brey
  • Investor
  • San Francisco, CA
9
Votes |
74
Posts

Looking for nationwide insurance company to cover my out of state rental property

Anja Brey
  • Investor
  • San Francisco, CA
Posted

Hi BP, 
I am looking for referrals for a nationwide insurance company to get coverage for my out of state rental property. 
Is it better to go with an insurance company that is specialized on investment properties, or  to get normal homeowner insurance plus an umbrella policy? 
Thanks! 
Anja

Most Popular Reply

User Stats

119
Posts
41
Votes
Ivan Oberon
  • Real Estate Investor
  • Camarillo, CA
41
Votes |
119
Posts
Ivan Oberon
  • Real Estate Investor
  • Camarillo, CA
Replied
Originally posted by @Anja Brey:

Hi @Account Closed

I actually got a quote from them and it seems reasonable, but I checked on Bigger Pockets and there are two forum posts on them and it made me wonder. What are your friends experiences with them? Did they have any claims? 
Thanks, 
Anja

 The reality is that almost all companies, large and small, will at some point be faced with a situation that may not appear favorable.  By and large, these are the things you hear about because the "satisfied" rarely make it a practice to shout praises.  

NREIG is the leader in real estate risk management solutions for investors on a nationwide basis, insuring any property under any stage of occupancy or renovation.  They service more than 43,000 investor locations nationwide and with very minor exception, have very satisfied customers.  So much so that a great majority of their continued business growth comes simply via personal referrals. 

Ivan

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