Multi-Family Insurance in California
NREIG is an independent agency and program manager that exclusively specializes in landlord insurance and other investment property coverage, including new construction, renovation, and vacant property. Backed by industry-leading carriers, we deliver tailored solutions to protect your properties and your business.
Why NREIG for Your California Investments?
NREIG provides insurance solutions tailored to the unique needs of every investment property you own. Whether you need insurance for a rental property, fix-and-flip, new build, or vacant land, our coverage fills the gaps and limitations found in standard policies. By focusing exclusively on real estate investors, our flexible, month-to-month coverage adapts to every property type and occupancy status, ensuring you always have the proper protection in place.
Commitment-free
Pay for coverage monthly. With NREIG you’re not locked into annual policies.
Adaptable
Coverage for all phases of occupancy, from new builds to occupied rental properties.
Simple
Manage your portfolio’s coverage online 24/7 through our Client Portal.
Trusted
NREIG has been insuring investment properties for nearly 20 years, backed by carriers rated “A-” or better by AM Best.
Insurance Solutions for Every Type of Investment Property
When it comes to insuring your California investment properties, traditional homeowners insurance won’t properly protect the dwelling or your liability exposure. Our policies are customized for each property type, addressing the specific risks you face, whether you own a vacation rental, manage a property as a landlord, or are working as a property flipper.
Other investment strategies we insure:
- Non-Performing Notes
- Subject-To
- Tax Sale
- Land Contract
- Contract for Deed
- Sandwich Lease
- Quitclaim Deed
Insuring your California Investment Property
California offers diverse real estate investment opportunities, especially in high-tourism and coastal areas. However, California is generally considered one of the least landlord-friendly states due to strict rent control laws, extensive tenant protections, and complex eviction processes. Investors should also be mindful of the elevated risk of wildfires, which can significantly impact property insurance availability and pricing.
FAQ: Is Renters Insurance required in California?
No, California does not require tenants to carry renters insurance by law. However, landlords may require it as a condition of the lease.
Customize Your Coverage
NREIG’s comprehensive property and liability packages form a solid foundation of coverage, with the flexibility to add ancillary products for enhanced protection.
Standard Coverage Package
Property (dwelling) coverage can protect your property against unexpected direct physical damage, such as fire, lightning, windstorm and hail, vandalism, theft, water damage, and more.
- Choose between Basic and Special Form when discussing coverage form options with your Sales Advisor.
- All Property policies are insured to a minimum of $75 per square foot with no coinsurance penalty.
Premises Liability coverage is critical in protecting you, the investor, from liability claims that may arise from incidents at your property. This may include slip-and-fall accidents, dog bites, or medical issues suffered by a tenant due to a carbon monoxide leak.
- NREIG coverage packages include liability insurance with $1MM per occurrence, $2MM aggregate limits. Higher limits may be available upon request.
Add-On Coverages & Other Specialty Programs
- Earth Movement
- Equipment Breakdown
- Flood
- Loss of Rental Income
- Property Management Errors & Omissions
- Tenant Protector Plan® (Renters Insurance Alternative)
- Terrorism & Political Violence
- Service Lines
- FlipShield (Liability Coverage for Flippers)
Protect your California investment property with insurance that fits your specific needs.
Leave generic, unsatisfactory policies in the past. Protect your investments with coverage built for you.