Is Obie Insurance Legit: Contact, Coverage, Pricing, Benefits

Obie Insurance is a company that offers insurance products and services for landlords and real estate investors.

But is Obie Insurance legit? How does it compare to other insurance providers? What are the benefits and drawbacks of choosing Obie Insurance? In this article, we will answer these questions and more.

We will also provide you with some tips on how to get a quote, file a claim, and start a career with Obie Insurance.

What is Obie Insurance?

Obie Insurance is a company that specializes in insurance for landlords and real estate investors.

The Obie Insurance is an online platform that allows you to compare and buy insurance policies from multiple carriers in minutes.

Obie Insurance also offers a smart app that helps you manage your properties, track your claims, and access your documents anytime and anywhere.

Obie Insurance works with more than 40 insurance companies to offer you a variety of insurance products, such as landlord insurance, rental property insurance, vacant property insurance, builder’s risk insurance, and more.

You can choose from various types of coverage, such as property damage, liability, loss of income, vandalism, and more.

Obie Insurance also offers discounts and rewards for bundling your policies, paying in full, having a good credit score, and more.

Is Obie Insurance Legit?

Obie Insurance is a legit company that has been in business since 2018.

Obie is backed by some of the leading investors and partners in the insurtech industry, such as Y Combinator, FundersClub, MetaProp, and more.

The Obie is also licensed and regulated by the state insurance departments and follows the industry standards and best practices.

Obie has received positive reviews from customers and agents, who praise its convenience, simplicity, and savings.

However, Obie Insurance is not without its drawbacks.

Some customers have complained about the lack of customer service, the difficulty of canceling or changing policies, and the inconsistency of rates and coverage.

Obie Insurance is also a relatively new company, so it may not have the same reputation and experience as some of the more established insurance providers.

Therefore, it is important to do your own research and compare different options before choosing Obie Insurance.

Who is the CEO of Obie Insurance?

The CEO of Obie Insurance is Aaron Letzeiser, a serial entrepreneur and real estate investor. Aaron Letzeiser founded Obie Insurance in 2018, after experiencing the frustration and hassle of finding and buying insurance for his rental properties.

He wanted to create a better and easier way for landlords and real estate investors to get insurance for their properties.

He also wanted to leverage the power of technology and data to provide personalized and transparent insurance solutions.

Aaron Letzeiser has a background in finance, technology, and real estate.

He has worked as a financial analyst, a software engineer, and a real estate broker.

Aaron Letzeiser has also founded and sold several successful companies, such as Renters Warehouse, a property management company, and Tenant Turner, a tenant screening and leasing software.

He has a passion for innovation and disruption in the insurance and real estate industries.

Obie Insurance contact

Obie Insurance Products and Coverage

Obie Insurance offers a wide range of products and coverage options to cater to the diverse needs of real estate investors.

Here’s an overview of their key offerings:

Landlord Insurance:

• Rental Property Insurance: Protects your investment property from property damage, liability claims, and income loss due to tenant-caused issues.

• Short-Term Rental Insurance: Covers your property while it’s being rented on platforms like Airbnb or Vrbo, offering protection against property damage, theft, and personal liability.

• Business Property Insurance: Provides coverage for your real estate management business, including professional liability, property damage, and equipment breakdown.

Investor Insurance:

• Investment Property Loss Mitigation: Reimburses you for expenses incurred to mitigate losses due to natural disasters or other events that damage your investment property.

• Equity Protection Insurance: Protects your investment equity from lawsuits or judgments against your tenants.

• Defective Property Insurance: Covers the costs of defending against lawsuits arising from construction defects in your investment property.

Mortgage Protection:

• Mortgage Protection Insurance: Provides coverage for your mortgage payments in case of death, disability, or job loss, ensuring your investment property remains protected.

• Investor Loan Modification Assistance: Assists you in negotiating loan modifications if your investment property experiences financial setbacks.

Additional Coverage Options:

• Tenant Screening and Background Checks: Help you identify and vet potential tenants to minimize the risk of property damage, tenant liability, and income loss.

• Eviction Management Services: Provide assistance with the eviction process if necessary to protect your legal rights and ensure timely rent collection.

• Property Management: Manage your rental properties for you, handling tenant relations, scheduling maintenance, and collecting rent payments.

Obie Customer Service

Obie Insurance offers various ways to contact and communicate with its customer service team.

You can reach them by phone, email, chat, or social media.

You can also visit Obie’s website and click on the “Help” button to access the FAQ section, the knowledge base, and the support ticket system.

Obie’s customer service team is available 24/7 and aims to provide fast and friendly responses.

However, some customers have reported negative experiences with Obie’s customer service, such as long wait times, unresponsive agents, and poor communication.

Some customers have also expressed frustration with the lack of human interaction and the reliance on automated systems and bots.

Therefore, it is advisable to check the reviews and ratings of Obie’s customer service before buying a policy from them.

Obie Insurance Pricing

The pricing of Obie Insurance depends on several factors, such as your property type, location, size, value, condition, occupancy, coverage, and deductible.

The pricing also varies depending on the carrier that provides the policy.

However, you can get an estimate of the pricing by using the online quote tool on Obie’s website.

Here are the steps to get a quote from Obie:

• Visit Obie’s website and click on the “Get a Quote” button.
• Enter your name, email, phone number, zip code, and property type.
• Answer some questions about your property, such as the address, year built, square footage, number of units, occupancy status, and construction type.
• Choose the coverage and deductible that suit your needs and budget.
• See a list of quotes from different carriers, along with their coverage and price details.
• Compare and filter the quotes according to your preferences and needs.
• Select the quote that suits you and complete the payment and verification process.
• Receive your policy and documents in your email and app.

Obie Insurance Benefits

Obie Insurance offers several benefits for landlords and real estate investors who are looking for insurance for their properties. Some of the benefits are:

• Convenience and simplicity: You can compare and buy insurance policies from multiple carriers in minutes, using your computer or smartphone. You can also manage your policies, track your claims, and access your documents anytime and anywhere, using the Obie app.
• Affordability and flexibility: You can choose the coverage and price that suit your needs and budget. You can also customize your policy with various options and features. Obie offers discounts and rewards for bundling your policies, paying in full, having a good credit score, and more.
• Expertise and support: You can get expert advice and guidance from Obie’s licensed agents, who have experience and knowledge in the insurance and real estate industries. You can also get support and assistance from Obie’s customer service team, who are available 24/7 and ready to help.

Obie Reviews

Obie Insurance has received mixed reviews from customers and agents, who have shared their experiences and opinions on various platforms, such as Trustpilot, Google, and Facebook.

Here are some of the common themes and feedback that we have found:

• Positive reviews: Many customers and agents have expressed satisfaction with Obie Insurance, especially with its fast and easy application process, its flexible and affordable plans, and its no medical exam and no waiting period options. Some customers have also reported that they received their policies and claims quickly and smoothly.
• Negative reviews: Some customers and agents have expressed dissatisfaction with Obie Insurance, especially with its poor customer service, its difficulty of canceling or changing policies, and its misleading advertising. Some customers have also reported that they were charged more than they expected, that they did not receive their policies or claims on time, or that they were denied coverage or claims.