If you’re a real estate investor or landlord and you’re seeking quality and simple-to-manage insurance, Obie Insurance is the answer you’ve been searching for. Obie Insurance was founded in 2017 and is a go-to for many in the United States who want specialized coverage that meets the specific needs of property owners. If you own a single-family rental property or manage a portfolio of multi family homes, Obie Insurance has policies for you that are tailored to protect your investments from a variety of risks. In this article, we’ll cover everything you need to know about Obie Insurance, including what it offers, its key benefits, pricing, and how it compares with other companies.
What is Obie Insurance?
Obie Insurance is a digital first insurance provider for landlords and real estate investors. Whereas traditional insurance companies complicate the process of getting coverage, Obie Insurance makes it simple by using technology to give users a smooth, easy to use experience. Obie covers all the way from property damage to liability and tenant related issues with policies that are specific to real estate investors.
Why Choose Obie Insurance?
Obie Insurance is preferred by real estate investors and landlords for many reasons. Here’s a closer look:
1- Real Estate Investments Specialization
In contrast to typical general insurance companies, Obie Insurance is focused on insuring real estate investments, and thus knows the specific risks and hazards that landlords must face. Obie has you covered with policies whether it’s property damage, vandalism or tenant disputes, to name a few.
2- Simplified Digital Platform
The Obie Insurance platform is very user friendly and allows landlords to get a quote, acquire a policy, and track and manage their coverage all in one place. The convenience that this offers for busy landlords is a big plus when you want to take care of everything digitally.
3- Comprehensive Coverage
Landlord insurance, home insurance, short term rental insurance, and all other coverage options that Obie Insurance offers are available for landlords and real estate investors. They include everything from property to liability, providing the peace of mind should something unexpected happen.
Obie Insurance Products and Coverage.
Obie Insurance also provides a number of different types of coverage to meet the needs of different types of real estate investment. Let’s take a look at some of the most popular policies:
1- Obie Home Insurance
Homeowners insurance is mandatory to protect a home’s physical structure and its contents. *Obie home insurance* helps landlords protect their investment from perils like fire, theft, vandalism and water damage. Obie home insurance also provides liability coverage for landlords in case of tenant injuries or accidents that occur on the property, and if a tenant sues.
2- Obie Landlord Insurance
Property owners who rent out their properties require landlord insurance. It includes a large range of risks such as damage to the property, legal fees and lost rental income. *Obie landlord insurance* is also protection against tenant caused damage which makes it a perfect choice for landlords who want all round cover for their particular needs.
How much does Obie Insurance cost?
The quickest way to get an accurate and competitive quote is one of the biggest advantages of using Obie Insurance. Obie uses artificial intelligence and advanced algorithms to create personalized insurance quotes that are based on the details of your property, like its location, size, and risk factors.
The price of Obie Insurance will vary based on property type, location and coverage options. For instance, a single family home landlord policy may range from a few hundred dollars per year to a multi family property may have a higher premium.
Obie insurance pricing factors:
1- Location of the Property
And if you live in an area prone to natural disasters such as hurricanes or earthquakes, your premiums may be higher.
2- Property Size and Age
The cost of insurance is dependent on the size and state of the property. Older properties, or properties that are larger, can have higher premiums because they are considered to be at higher risk.
Obie Insurance Quote How to Get
Getting a quote from Obie Insurance is easy and fast. All you have to do is visit their website, enter the details of your property, and you’ll be presented with a personalized quote within minutes. They’ve got a digital platform that makes the entire process much easier, and saves you time and effort.
Here’s how it works:
1- Input Information – Type of property, location, size etc.
2- Obie Insurance will receive a Quote – The quote will be based on your input.
3- Select Review Coverage Options – Review Coverage Options available for your needs.
4- Purchase the Policy – You can complete the purchase and get immediate protection on the chosen coverage.
Obie Insurance Customer Reviews and Feedback
Pricing, ease of use, and customer service have been high marks for *Obie Insurance*. It has a rating of 4.8 stars on platforms like Google Reviews, where customers rave about the company’s streamlined process and helpful agents.
But some customers have been unhappy with the claims process, saying that claims have taken too long to be approved or that they were denied. This is a typical issue with quite a lot of insurance companies, and that’s why *Obie Insurance* is trying to resolve this issue by improving its claims handling process.
Competitors vs. Obie Insurance
So when you compare Obie Insurance to companies like State Farm, Allstate, and GEICO, it’s important to know that Obie is a company that specializes in landlord and real estate investment insurance. Landlord policies from traditional insurers exist, but don’t have the depth of knowledge about the risks real estate investors face.
1- Robust coverage options are offered by State Farm, but Obie has far more focus on real estate investments.
2- Customizable insurance products are offered by Allstate, but it doesn’t necessarily suit the needs of landlords specifically.
3- GEICO has affordable rates, however, it doesn’t specialize in what real estate investors need.
In this regard, Obie Insurance enjoys an advantage over others because it is focused on the investments in real estate and provides unique solutions for property owners.
Obie Insurance Key Features
Obie Insurance has a host of features that are meant to make managing property insurance as a real estate investor simpler and more efficient. Here’s a closer look at the key features that set Obie apart from other insurers:
1 Instant Coverage Activation
One of the greatest benefits of Obie Insurance is the ability to become covered immediately after purchasing a policy. For landlords who are in a hurry to protect themselves, this is especially helpful, for example, landlords who are closing on a new property or who have a vacancy that must be covered immediately.
2- Customizable Policies
Obie Insurance enables landlords to create a customized policy that best fits the needs of their properties. Obie’s policy is flexible, so whether you’re seeking flood coverage for a property in a high risk area or protection against vandalism, you can customize your policy with a couple of mouse clicks. This flexibility means that your insurance package reflects exactly what you need, for your particular circumstances.
3- Claims Handling Support
The claims process is an important part of any insurance policy, but many landlords hate having to deal with claims. We at *Obie Insurance* want to make this as smooth as possible. The Obie Insurance team provides dedicated support teams and an easy to use claims portal to help landlords to quickly resolve issues. The platform also gives a step by step guide to file a claim, thus cutting the chances of leaving behind some important details.
4- Risk Management Tools
Obie Insurance not only sells insurance policies but also offers risk management resources to help landlords reduce the likelihood of damage or liability claims before they even occur. This platform provides maintenance reminders, inspection checklists, and advice on property security measures so that properties are well maintained and less likely to be damaged at a cost.
Conclusion
For real estate investors and landlords, choosing the right insurance provider is a big deal. *Obie Insurance* is a user friendly, comprehensive and affordable option made just for property owners. Obie Insurance is an excellent option for anyone who wants to protect their property investment by focusing on real estate, using technology and offering customizable coverage. Whether you’re just entering the landlord business or an experienced investor, give *Obie Insurance* a chance and experience a smooth, transparent, and efficient insurance experience.
Obie Insurance is a great choice for real estate investors and landlords that want real, technological insurance. *Obie Insurance* has specialized policies that make the process of getting insurance easy and worry free. Obie Insurance offers the protection you need, whether you’re a first time landlord or seasoned real estate investor, at a competitive price.