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!
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).
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).
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.