If you own a 5–8 unit residential property, you’re familiar with the frustrations that surround insuring your investment. Your building may be too large for most standard landlord policies, which cap at four units. Or, it may be too small for the big commercial carriers, who aren't interested in properties under 20 doors. If you find yourself in the gap, chasing quotes from surplus lines brokers, filling out lengthy applications, waiting days for a response, and still have trouble understanding the terms offered to you, Obie now offers a solution.
Introducing landlord insurance for residential properties with 5–8 units, now available in 47 states and Washington, DC. With Obie, you enter an address, get a quote, and bind coverage. All online, all in minutes.
Built for the Way You Actually Operate
Running a 5–8 unit property isn't a hobby. It's a real investment, and you manage it like one.
This program is built to match that.
You’ll enjoy stable, competitive pricing, and comprehensive coverage that's historically been hard to find at this property size. And with a process that actually respects your time, you’ll move from quote received to binding coverageonline, in under two minutes.
In a market where small multifamily owners are routinely left without good options, this is what it looks like when it works.
For Agents: A Bigger Toolbox
If you're already placing landlord business through Obie, this is a natural extension. Our new 5-8 door program offers the same speed,digital flow, and experience your clients already expect. You're now able to cover more of their portfolio.
- Capture more of what you're already writing. If your investors own a mix of 1–4 and 5–8 unit properties, you can now insure all of it through one platform.
- Win business you used to refer out. Small multifamily risks that didn't fit before? They fit now, and that's revenue that stays with you.
- No new workflow to learn. Property data still auto-populates, quotes are still instant, and binding is still fully digital.
For full eligibility details and underwriting guidelines, visit the 5–8 Unit Program Guide in the Agent Resource Hub.
Closing the Coverage Gap
Small multifamily investors have been underserved for too long. This program is our way of fixing that, bringing the same fast, digital, straightforward experience to a corner of the market that's been stuck with slow, manual processes and limited options.
If you own or manage a 5–8 unit property, you can get a quote right now. If you're an agent, you already know where to find us.
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