Obie Insurance offers landlord insurance coverage in California. While Obie provides policies in all 50 states, including California, it’s important to note that Obie operates as a non-admitted insurance carrier. This means their policies are not backed by the state guarantee fund, and they are not required to follow certain state regulations.
Despite being non-admitted, Obie specializes in providing tailored insurance solutions for landlords and real estate investors, offering coverage for various property types such as single-family homes, multifamily units, apartments, and condo units. Their policies typically include protection against common risks like fire, theft, water damage, and vandalism.
Additionally, Obie’s landlord insurance policies often encompass liability coverage, with options for $1 million or $2 million in liability protection, depending on the property and specific needs.
While Obie is not listed among the admitted insurers in California, they are recognized for offering competitive rates and a streamlined, fully online process for obtaining quotes and purchasing policies. This approach has been noted for its speed and simplicity, allowing landlords to secure coverage efficiently.
In summary, although Obie operates as a non-admitted insurer in California, they provide comprehensive landlord insurance coverage tailored to the needs of property owners and real estate investors. It’s advisable to compare their offerings with those of admitted insurers to determine the best fit for your specific requirements.