---
title: "Obie Landlord Insurance Review [Updated 2026]"
description: "Obie Insurance is an insurtech company focused on making landlord insurance easier to buy, especially in hard-to-insure states like California."
canonical: "https://www.coveragecat.com/reviews/obie-landlord-insurance-review"
last-updated: "2026-08-13"
---
# Obie Landlord Insurance Review [Updated 2026]
1. [Introduction to Obie Insurance](#introduction)
2. [What Kinds of Insurance Does Obie Offer?](#kindsofinsurance)
3. [How Does Obie Insurance Insurance Work?](#howdoesitwork)
4. [Pros and Cons of Obie Insurance](#proscons)
5. [Ratings and Customer Feedback for Obie Insurance](#ratings)
6. [Get Customer Support Or File A Claim For Obie Insurance](#customersupport)
7. [Frequently Asked Questions](#faq)
### Introduction to Obie Insurance
Obie Insurance is a rental property insurance provider operating in all 50 states and Washington, DC. Founded in 2017 by brothers Ryan and Aaron Letzeiser, Obie's insurance products focus on providing fast and easy landlord insurance to real estate investor clients through technology. In January 2026, [The Baldwin Group (NASDAQ: BWIN) completed the acquisition of Obie](https://finance.yahoo.com/news/baldwin-group-completes-acquisition-obie-133000903.html), which reflects the company's growth trajectory and validates its position in the investment property insurance market.
Obie operates as a licensed insurance broker partnered with carriers including [American National Lloyds Insurance Company and Accelerant Specialty Insurance Company](https://realestatebees.com/company/obie/). The company has achieved [revenue growth exceeding 2,100% since 2021 while maintaining a fully reserved loss ratio below 50%](https://finance.yahoo.com/news/baldwin-group-completes-acquisition-obie-133000903.html), and its platform has been used to insure [over $10 billion in property value](https://www.realestateskills.com/blog/obie-insurance-review).
Obie policies are available directly on their platform and through independent agents such as Coverage Cat.
### What Kinds of Insurance Does Obie Insurance Offer?
[Obie specializes exclusively in landlord insurance](https://www.obieinsurance.com/landlord-insurance) — DP1/DP2/DP3 dwelling policies designed for 1–4 or multi-unit rental properties (single-family, townhomes, condos, and small multifamily buildings).
Typical coverages include:
* **Property Coverage**: Structure, detached buildings, and landlord-owned furnishings
* **Liability Coverage**: Legal and medical protection for injuries on the rental property
* **Loss-of-Rental-Income**: Reimbursement if a rental becomes uninhabitable due to a covered loss
* **Optional Add-Ons**: Flood, tenant legal liability, and more depending on carrier
Obie premiums typically range from **$800–$3,000/year**, depending on property characteristics, coverages, and location; Obie claims an average **25% cost savings** compared to standard landlord insurance.
| Coverage Type | Typical Limits | Key Features |
|--------------|----------------|--------------|
| Property Coverage | Varies by property value | Covers structure, detached buildings, landlord-owned furnishings |
| Liability Coverage | $1M–$2M | Legal and medical protection for property injuries |
| Tenant Legal Liability | Up to $100,000 | No deductible, covers tenant-caused damage |
| Loss of Rental Income | Varies by policy | Reimburses lost rent during uninhabitable periods |
| Optional Flood | Separate policy | Available based on location |
### Does Obie Insurance Sell Homeowners Insurance?
Obie policies are not for primary homeowners policies, but are meant to cover 1-4 family rental properties and condo units. Obie sells Dwelling policies, also called DP-1, DP-2, or DP-3 policies. Dwelling insurance covers landlords and real estate investors who rent out the properties they own. If you're not sure whether you need Landlord or Homeowners insurance, it's important to discuss how you'll be using your property with a licensed insurance broker such as Coverage Cat.
### Does Obie Insurance Sell Liability Insurance?
Obie landlord policies typically include liability insurance for property owners, some policies support $1M–$2M limits, including [Tenant Legal Liability (TLL)](https://www.obieinsurance.com/blog/understanding-tenant-legal-liability-tll-insurance) coverage up to $100,000 per incident with no deductible. In November 2024, [Obie launched a dedicated Tenant Legal Liability policy](https://www.businesswire.com/news/home/20241115190173/en/Obie-Unveils-Tenant-Legal-Liability-Policy-to-Empower-Real-Estate-Investors-with-Streamlined-Tenant-Risk-Coverage) that integrates into the platform's online quoting system as a simple checkbox option, which provides streamlined coverage for tenant-caused damage.
### How Does Obie Insurance Insurance Work?
Obie uses technology to simplify and speed up the quoting, purchasing, and binding (when coverage kicks in) processes for landlord policies.
* With its [map](https://www.obieinsurance.com/risk-map?) you can see the degree of potential hazard from flooding, wildfires, earthquakes, wind, hail, and rain to help guide you when selecting coverage.
* With [APIs (application programming interfaces) embedded in agents' websites](https://www.obieinsurance.com/digital-partners), Obie can find the most cost-effective policies for them to offer their clients.
Technology is central to Obie's mission. Obie can provide instant quotes and has created [API integrations](https://www.obieinsurance.com/api) with agents so they can provide an efficient quoting and purchasing process within their own websites. Obie "guarantees industry-best rates" for the property and casualty policies for their clients. In some cases, the online process can offer instant binding which allows the client to have insurance in place, even before the policy has been issued.
The platform [integrates seamlessly with property management tools like AppFolio and Buildium](https://www.realestateskills.com/blog/obie-insurance-review), which allows landlords to manage insurance alongside other property operations. Obie has also [partnered with Digital Partners, a Munich Re company, for instant insurance offerings](https://www.businesswire.com/news/home/20241115190173/en/Obie-Unveils-Tenant-Legal-Liability-Policy-to-Empower-Real-Estate-Investors-with-Streamlined-Tenant-Risk-Coverage), which strengthens its underwriting and technology capabilities.
Landlord insurance may cost [15 to 25% more than standard homeowner insurance](https://www.obieinsurance.com/landlord-insurance) and Obie claims to save their average policyholder [25% on their policies](https://www.obieinsurance.com/landlord-insurance-quick-quote).
## Pros and Cons of Obie Insurance
Pros
- Obie's quoting process can provide quotes within minutes and allows you to quickly compare prices at different levels of coverage.
- Obie covers a range of difficult to insure properties, including vacant, short-term rentals, and more.
- Obie partner carriers have Excellent (A-) or higher AM Best ratings.
- The company achieved revenue growth exceeding 2,100% since 2021 while maintaining a loss ratio below 50%.
Cons
- Obie was founded in 2017 and therefore does not yet have the same track record as older companies.
- Obie does not cover owner occupancy exposure or commercial exposure.
- Obie policies are non-admitted in some states, therefore policies may not be covered by that state's guaranty fund if the company fails.
- Obie is not BBB accredited and some customers report claims process challenges.
### Ratings and Customer Feedback for Obie Insurance
Obie operates as an insurance broker rather than a carrier, so it does not have its own AM Best rating. However, [all Obie partner carriers have AM Best ratings of A- or higher](https://fitsmallbusiness.com/obie-business-insurance-review/). According to independent analysis, [Accelerant's complaints are far lower than the national average, and American National Lloyds Insurance Company has zero complaints registered in the 2023 NAIC data](https://fitsmallbusiness.com/obie-business-insurance-review/).
According to third-party reviews, [Obie received zero regulatory fines in 2024 per NAIC's 2025 Market Conduct Report](https://fitsmallbusiness.com/obie-business-insurance-review/). The company is [backed by Markel Insurance (A-rated by AM Best in 2025) and paid $623M in claims last year according to Obie's 2025 Transparency Report](https://fitsmallbusiness.com/obie-business-insurance-review/).
| Financial Metric | Value | Source |
|------------------|-------|--------|
| Revenue Growth (Since 2021) | 2,100%+ | Yahoo Finance, 2026 |
| Loss Ratio | Below 50% | Yahoo Finance, 2026 |
| Total Coverage Secured | $25 billion+ | Coverager, 2025 |
| Claims Paid (2024) | $623M | Obie Transparency Report, 2025 |
| Partner Carrier AM Best Ratings | A- or higher | Fit Small Business, 2024 |
| Regulatory Fines (2024) | Zero | NAIC Market Conduct Report, 2025 |
Because [Obie is a broker, it's difficult to track complaints submitted to NAIC at state department level](https://realestatebees.com/company/obie/). Obie is [not BBB accredited](https://www.bbb.org/us/il/chicago/profile/insurance-agency/obie-insurance-0654-1000120748), though some customers have filed negative reviews on the BBB platform about property coverage issues.
### Obie Insurance Customer Reviews
| Source | Avg. Rating & Review Count | Representative Quote |
|------------------------------------------------------------------------------------------------------------------------|--------------------------------|--------------------------------------------------------------------------------------------------------------------|
| [Trustpilot](https://www.trustpilot.com/review/www.obieinsurance.com) | ★★★★☆ 4.2 (166 reviews) | "Easy to use and fast quoting system. Had some follow-up questions, but overall experience was smooth." |
| [Google Reviews](https://www.google.com/maps/place/Obie/@41.8851256,-87.6482632,17z/data=!4m8!3m7!1s0x880e2d56c1142ed7:0xaffcb3492988ece2!8m2!3d41.8851256!4d-87.6482632!9m1!1b1!16s%2Fg%2F11jp7wlc5g?entry=ttu&g_ep=EgoyMDI1MDcyNy4wIKXMDSoASAFQAw%3D%3D) | ★★★★☆ 4.8 (1,128 reviews) | "Application process was fast and straightforward. Great for rental property owners who need quick coverage." |
| [BiggerPockets](https://www.biggerpockets.com/forums/95/topics/1038332-has-anyone-used-obie-insurance) | (low volume) | "So far they've been great. I have never had to file a claim though so I can't speak to that experience. But they are simple, respond quickly to questions, Lloyds is their underwriter, etc. I think they're good." |
Customer reviews on [Google show an average of 4.8 out of 5 stars from approximately 500 reviews](https://fitsmallbusiness.com/obie-business-insurance-review/), which reflects positive experiences with the platform's ease of use and responsive service. Some negative feedback centers on claims handling delays and non-renewal notices after claims are filed.
### Get Customer Support Or File A Claim For Obie Insurance Insurance
For claims, Obie's phone number is 773-820-7132. You can also reach Obie via email at [support@obieinsurance.com](mailto:support@obieinsurance.com)
Note that [Obie does not have a 24/7 call center and claims are handled by partner carriers](https://fitsmallbusiness.com/obie-business-insurance-review/), which means response times may vary depending on which carrier issued your specific policy.
### Frequently Asked Questions
**Should I Buy Obie Insurance?**
Buying insurance can protect you from losses due to weather-related damage, theft, fire, and other incidents including for properties that are vacant, that are being flipped, or that are rented out for the short term. Personal homeowners insurance does not cover rental properties.
Some lenders require landlords and real estate investors to purchase insurance. Obie can help you find the right policy. Obie insurance reviews generally highlight fast quoting and competitive rates, though some customers report challenges with the claims process.
**Is Obie Insurance a Real Insurance Company?**
Yes, Obie is a real insurance company that specializes in landlord policies for investment property owners. Obie operates as a licensed insurance broker across most U.S. states and partners with AM Best-rated carriers.
**How Does Obie Insurance Make Money?**
Obie makes money with commissions from the policies it sells as well as investing the cash from the premiums. As a broker, Obie earns commissions from the insurance carriers it partners with.
**Is Obie Good Insurance for Landlords?**
Whether Obie is good insurance depends on your specific needs. According to customer reviews, Obie insurance rating averages 4.8 out of 5 stars on Google, with customers praising the fast quoting process and competitive rates. However, some Obie insurance complaints focus on claims handling and non-renewal issues. The company's strong financial metrics (2,100%+ revenue growth, sub-50% loss ratio) and acquisition by a publicly traded firm suggest operational stability.
**What is the Obie Insurance Claims Process?**
Obie insurance claims are handled by the partner carriers that issued your specific policy. You can initiate claims by calling 773-820-7132 or emailing support@obieinsurance.com. Note that Obie does not operate a 24/7 claims center, so response times vary by carrier.