At National Real Estate Insurance Group, we understand there is no such thing as a one-size-fits-all policy for investors. So, in 2012, we developed our Program to address the ever-changing needs of a once-underserved market. Today, our unconventional business model helps deliver custom insurance products to real estate investors across the country. Watch the video below to learn more about our innovative approach and how a program like NREIG’s can benefit you.

 

 

Transcript:

At National Real Estate Insurance Group, we understand there is no such thing as a one-size-fits-all policy for investors. So, in 2008, we developed a Program to address the ever-changing needs of a once underserved market. We now manage the nation’s largest insurance program for residential investment properties. 

But what is program insurance? And how does working with a program like NREIG’s benefit you?  

Let’s start with the four groups typically involved in program business:  

  • There are insurance carriers, which is the company that takes on the risk 
  • A program business or manager that serves as an intermediary and manages the health of the program 
  • An agency, like NREIG, that works directly with the clients 
  • And the insured, in our case, real estate investors like yourself! 

Specialist agencies like NREIG are granted various authorities and responsibilities by carrier partners that underwrite the risks through the program manager. Some of which include: 

  • Marketing and selling policies 
  • Assuming underwriting responsibilities within specific guidelines identified by each carrier partner  
  • Accepting and binding coverage within those guidelines 
  • And serving as a claims intermediary, advocating on behalf of our clients to streamline the process when a loss occurs  

The innovative nature of program business is one of the biggest benefits to clients! Because they often specialize in a very specific niche, program managers have a strong understanding of market issues. This expertise allows for quick responses to emerging risks and trends and the constant development of new products and services.  

Whether you have one property or hundreds, partner with the industry experts at NREIG.   

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