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HICAGO--(BUSINESS WIRE)--Obie, a leader in modern insurance solutions for real estate investors, has launched its Tenant Legal Liability (TLL) policy, providing landlords with an additional layer of protection against tenant-related damage. This streamlined coverage option integrates seamlessly into Obie's online quoting platform, making it easy to add and manage.
The TLL policy offers up to $100,000 per occurrence in coverage for sudden and accidental tenant-caused damage to the property and landlord-owned furnishings, without any deductible. This means landlords face no out-of-pocket costs for covered incidents, providing a reliable and cost-effective layer of protection that integrates easily with existing Obie policies.
"We're delivering a solution that meets our customers' needs for comprehensive, easy-to-manage coverage," said Laura Olson, Chief Insurance Officer at Obie. "Our TLL policy provides an additional layer of protection independent of tenant insurance requirements."
Obie's online platform simplifies policy management by centralizing TLL within a landlord's existing insurance plan, reducing administrative tasks and enabling investors to protect their portfolios with minimal effort.
Discover more about Obie's TLL policy or take the next step toward enhanced insurance coverage today. Since 2017, Obie has been on a mission to simplify, streamline, and enhance landlord insurance for real estate investors across the U.S. Backed by $39 million in funding from industry giants like Battery Ventures and Thomvest Ventures, we're rapidly growing and continually adapting to meet the unique needs of our customers.
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