Which renter's insurance companies are OK?

Which renter's insurance companies are OK?

Chandler, AZ · Member since 2020 · 295 posts · 272 votes

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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Rental Property Investor · Los Angeles, CA · Member since 2017 · 2k+ posts · 5k+ votes
3y

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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  • Rental Property Investor · Los Angeles, CA · Member since 2017 · 2k+ posts · 5k+ votes
    3y

    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).

  • Travis BohlingBusiness Member
    Property Manager · Gilbert, AZ · Member since 2011 · 65 posts · 78 votes
    3y

    Hi Chris, check out Second Nature. We use them to offer our tenants a resident benefits package which includes enrollment in a master insurance policy that covers their contents, liability, and dog-bite coverage. A lot of other benefits are available as well that protect you as the landlord.

  • Investor · Member since 2022 · 234 posts · 144 votes
    3y

    The software I use has a 3rd party called Sure that provides renters insurance. I've had no issues with them and would highly recommend. 

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