National Real Estate Insurance Group
These FAQs will help you better understand our approach to your business.
NREIG is an independent insurance agency, licensed in all 50 states. We focus on the unique insurance needs of the residential real estate investment industry and offer coverage solutions for any type of commercial property.
For properties in our Program (one- to twenty- family dwellings) NREIG offers monthly billing with no minimum earned premiums or long-term commitments. Coverage is provided in all 50 states and for all phases of occupancy: tenant occupied, vacant, or locations under renovation. You can include all of your properties on one monthly schedule, called a”monthly reporting” form, even if they are owned by different entities, and add and delete properties as-you-go. It’s that easy! Learn more about our differentiators here.
A monthly reporting form is an insurance methodology which allows “inventory” flexibility in regards to insurance coverage. This allows our Program to change coverages month-to-month. Such changes could relate to occupancy, values, as well as adding and deleting locations as needed. Clients receive a monthly invoice which reflects the current month’s inventory and related coverages from their Client Service Representative. This is a much simpler process than the traditional “endorsement per change” that is utilized by most insurance providers. Learn more here.
All Insurers we utilize are A.M. Best “A” or better rated. Carriers we use or have used are:United National Penn America Sompo International American National Zurich Steadfast and others
Yes! We have a full-service commercial department, which can assist you with insurance needs related to apartment complexes, mixed-use commercial buildings, strip malls, umbrellas and more.
Submit changes via the service links below: NREIG Service Request
Invoices are sent via email on the 11th of each month. Review your statement and Report Changes to us.
The 3rd of each month is the last available date to make changes to the prior month’s inventory. If changes are made after payment has been posted for that month, the balance will be carried over to the next month.
If payment is not made by the due date, a 10-day cancellation notice is sent to you, and any applicable lenders, on the 10th of each month. If payment isn’t received by the 20th, your coverage will be cancelled.