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Updated almost 2 years ago on . Most recent reply

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Chris B.
  • Chandler, AZ
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Which renter's insurance companies are OK?

Chris B.
  • Chandler, AZ
Posted

As there is a variety of companies that offer renter's insurance, is there a list of good or preffered insurance companies?  I'm currently having a tougher than necessary time with one such company right now trying to collect a repair reimbursement.  If not a list, how do you decide which are acceptable are?  Maybe a government certification?  I'd considering the idea of limiting my tenants to only using gcompanies that are generally good.  Thanks!

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Greg M.#4 Foreclosures Contributor
  • Rental Property Investor
  • Los Angeles, CA
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Greg M.#4 Foreclosures Contributor
  • Rental Property Investor
  • Los Angeles, CA
Replied

Your claims experience with one carrier may not reflect the average experience.

Any admitted carrier should be fine. Use the best you find based on coverage and premiums. 

Many locations make it illegal for you to require the use of certain companies. You may exclude the occasional company or have minimum requirements for a company, but you frequently can't dictate which company(s).

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