Obie, a leader in modern insurance solutions for real estate investors, has unveiled its Tenant Legal Liability (TLL) policy, offering streamlined coverage to protect rental properties and owners against tenant-related damages. The TLL coverage integrates effortlessly into Obie’s online platform, allowing property owners to add protection with a simple checkbox at the time of purchasing new business.
“Real estate investing often brings unforeseen challenges, and with the TLL policy, we’re delivering a solution that meets our customers’ needs for comprehensive, easy-to-manage coverage,” said Laura Olson, Chief Insurance Officer at Obie.
Obie’s TLL policy is one of the first of its kind, offering landlords an added layer of protection that is independent of tenant insurance requirements. By including TLL within a landlord’s existing insurance plan, Obie simplifies policy management with a single bill, reducing administrative tasks and allowing investors to protect their properties with ease.
The TLL policy provides landlords with up to $100,000 per occurrence, covering situations where tenants’ renters insurance may be inadequate or non-existent. It specifically covers accidental damage caused by tenants to the property and landlord-owned furnishings. With no deductible, landlords incur no out-of-pocket costs for covered incidents, making it a reliable and cost-effective addition to existing Obie policies.
Obie’s TLL policy is designed to simplify the insurance process for landlords while ensuring robust protection for their portfolios. For more details, visit Obie’s FAQs or get a quick, personalized quote today.
About Obie
Since 2017, Obie has simplified landlord insurance for the 17 million real estate investors and landlords across the U.S. The company’s platform and customized products are designed to provide hassle-free coverage, offering peace of mind to property owners. Supported by $39 million in funding from industry leaders like Battery Ventures and Thomvest Ventures, Obie continues to grow and adapt to meet the needs of its customers, setting a new standard in real estate investment insurance. Learn more at Obieinsurance.com.
