NREIG

What NREIG does

NREIG (National Real Estate Insurance Group) is a Kansas City, Missouri-based licensed insurance agency founded in 2008 by Tim Norris to serve the real estate investor market, an audience that traditional P&C carriers had historically under-served. Formed from the merger of two agencies—one focused on landlords, one on rehabbers—the firm has operated for nearly two decades with a primary focus on residential investment property insurance, covering single-family homes through 20-unit multifamily properties across 48 states and the District of Columbia. Its flagship offering, the REInsurePro Residential Investment Property Program, bundles property and liability coverage for all occupancy phases (tenant-occupied, vacant, renovation, new construction) under a single monthly schedule and bill. Coverage is underwritten exclusively by AM Best "A-" or better rated carrier partners, and the company structures coverage to accommodate portfolio flux without rewriting policies.

The product portfolio spans core residential investment lines (Rental, Vacant, Renovation, Vacation Rental, Mobile Home, Condo, New Construction, CabinArmor log cabin, Lender-Placed, Non-Performing Notes, Vacant Land, and Liability Only) plus an expanding set of ancillary add-ons (Tenant Protector Plan, Flood, Earth Movement, Terrorism, Equipment Breakdown, Service Line, Property Management E&O, Ordinance or Law, K9Guard canine liability, USCCA self-defense, and FlipShield for flippers). NREIG runs a proprietary client and location management platform under development by CTO Jerry Samson (joined 2013), with a self-service client portal currently undergoing upgrades, a monthly reporting form system that lets investors change occupancy statuses, insured values, or add/delete properties mid-policy, and consolidated billing across multi-entity portfolios (IRAs, Trusts, LLCs) with no minimum earned premium. Sub-brands include REInsurePro for retail agent distribution, CabinArmor for log cabin niche coverage, and TPP for a renters-insurance alternative priced at $10-$14 per unit per month.

NREIG generates revenue through monthly recurring insurance premiums and carrier commissions on policies sold through three primary go-to-market motions: a direct sales-assisted model where licensed professionals follow up on online proposal requests, a direct-to-consumer self-service motion via the website and client portal, and a channel partner motion via the REInsurePro retail agent program for independent insurance agents. Pricing is subscription-style at the property or unit level (liability from $7/month per property, premium replacement cost coverage requiring $120/sq ft or $75/sq ft ACV). Customer segments include individual to large-scale real estate investors, landlords, rehabbers/flippers, private lenders, property managers, turnkey operators, and commercial property investors. The company is privately held with no disclosed external funding, operates as an LLC domiciled in Missouri (with REIPro Insurance Services LLC as a subsidiary for California and New York licensing), and is led by CEO Shawn Woedl (CEO since 2020) alongside an executive team including a COO, CTO, CDAO, CAO, and Chief Underwriting Officer.

Name

NREIG

Legal name

National Real Estate Insurance Group, LLC

Website

https://nreig.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

NREIG is a Kansas City-based licensed insurance agency operating the REInsurePro Residential Investment Property Program, providing property and liability coverage for real estate investors across 48 US states and DC. The program covers single-family through 20-unit properties in all occupancy phases under one monthly bill, supplemented by sub-brands like CabinArmor and the REInsurePro agent program.

Ownership category

akta.pro rank

Product category

Real Estate Investor Insurance

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industry

Professional Liability (Errors & Omissions) (FSAJADAB)

Keywords

• Real estate investor insurance
• Rental property coverage
• Vacant property insurance
• Lender placed insurance
• REInsurePro agent program

Headquarters

HQ city

Kansas City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Insurance Premium Revenue: Monthly insurance premiums collected from property owners for coverage on investment properties. Premiums vary based on coverage type, property characteristics, deductible selected, and coverage amounts. Clients pay monthly with no long-term commitments or minimum earned premiums.
2. Ancillary Product Add-Ons: Additional coverage products sold alongside primary policies including Flood Insurance, Earth Movement Coverage, Terrorism Insurance, Equipment Breakdown Coverage, Service Line Coverage, Property Management E&O, Ordinance or Law Coverage, and Tenant Protector Plan

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

NREIG is a Kansas City-based insurance agency that sells real estate investor insurance products, allowing investors to cover every occupancy status of their portfolio (tenant-occupied, vacant, or under renovation) on a single monthly schedule with one consolidated bill. The agency places coverage with AM Best A- rated carrier partners across 48 states plus Washington, D.C., and operates a retail agent program (REInsurePro) for licensed outside agents.

Product overview

NREIG operates as a specialized insurance agency for real estate investors, offering the REInsurePro Residential Investment Property Program as its flagship platform—the largest insurance program in the country for investment properties from single-family homes up to 20-unit multifamily locations. The product portfolio centers on core property and liability insurance products (Rental Property, Vacant Property, Renovation Property, Vacation Rental, Log Cabin through CabinArmor, New Construction, Condo, Mobile Home, Vacant Land, Lender-Placed, Non-Performing Notes, and Liability Only coverage), supplemented by ancillary add-on modules (Tenant Protector Plan, Flood, Earth Movement, Terrorism, Equipment Breakdown, Service Line, Property Management E&O, Ordinance or Law, Canine Liability, Self-Defense, and FlipShield). NREIG distinguishes itself through monthly billing, no long-term commitments, a monthly reporting form system allowing portfolio flexibility, and coverage across all occupancy phases. The REInsurePro Retail Agent Program extends the platform to independent insurance agents.

Differentiator

Problem solved

Functional benefit

Brands

• REInsurePro: A retail agent program that provides independent insurance agents access to the largest insurance program for real estate investor clients, branded for independent agents with NREIG acting as Program Manager.
• CabinArmor

Products and services

• REInsurePro Retail Agent Program A retail agent channel through which licensed independent insurance agents can place real estate investor business using NREIG's specialty products and carrier appointments, with commission-based compensation. Designed for licensed P&C agents who lack access to investor-only markets.
• Rental Property Insurance (Tenant-Occupied) Insurance coverage for tenant-occupied rental/investment properties, billed monthly on the consolidated investor schedule. Designed for landlords of single-family and small multifamily rentals.
• Vacant Property Insurance Insurance coverage for vacant investment properties when they have no tenant in residence. Designed for landlords and flippers between tenants or during marketing periods.
• Renovation Property Insurance (FlipShield) Insurance coverage for investment properties during renovation, including course-of-construction exposure for active rehab projects. Marketed under the FlipShield brand and designed for house flippers and rehabbers.
• Vacation Rental Insurance Insurance coverage for short-term vacation rental investment properties. Designed for investors who host on Airbnb, VRBO, and similar platforms.
• Log Cabin Insurance (CabinArmor) Specialty insurance coverage for log cabin investment properties under the CabinArmor sub-brand. Designed for owners of log cabin rentals and second-home investments that mainstream carriers often decline.
• Mobile Home Insurance Insurance coverage for manufactured/mobile home investment properties. Designed for investors in manufactured housing.
• Condo Insurance (Investor-Owned) Insurance coverage for investor-owned condominium units held for rental. Designed for landlords of condo units.
• New Construction Insurance Insurance coverage for new construction investment properties from break-ground through completion. Designed for builders and new-construction investors.
• Vacant Land Insurance Insurance coverage for unimproved vacant land held as an investment. Designed for investors holding land for future development.
• Lender-Placed Insurance Insurance placed by a lender on a financed investment property when the borrower has failed to maintain required coverage. Designed for private and hard-money lenders financing investor real estate.
• Non-Performing Notes Insurance Specialty insurance for properties backing non-performing real estate notes held by note investors and lenders. Designed for buyers of distressed debt on investment real estate.
• Liability Only Insurance Standalone liability-only coverage for investors who carry property coverage elsewhere but need landlord liability protection.
• Tenant Protector Plan Tenant-focused coverage plan offering benefits and protections marketed to tenants of investor-owned properties.
• Flood Insurance Add-on flood coverage for investor-owned properties, available as an endorsement on the investor policy schedule.
• Earth Movement Coverage Add-on earthquake/earth movement coverage for investor-owned properties, available as an endorsement on the investor policy schedule.
• Terrorism Insurance Add-on terrorism coverage for investor-owned properties, available as an endorsement on the investor policy schedule.
• Equipment Breakdown Coverage Add-on equipment breakdown endorsement covering mechanical and electrical systems on investor-owned properties.
• Service Line Coverage Add-on coverage for utility service lines running to investor-owned properties.
• Ordinance or Law Coverage Add-on coverage for the increased cost of construction due to changes in building codes after a loss on investor-owned properties.
• Property Management Errors & Omissions Professional liability coverage for property managers handling investor-owned portfolios. Designed for property management firms.
• K9Guard Canine Liability Insurance Liability coverage for canine-related incidents on investor-owned rental properties. Marketed under the K9Guard brand.
• USCCA Self-Defense Insurance Self-defense liability coverage offered through the USCCA program to NREIG investor clients.

Quantifiable outcome

• Coverage available in 48 states and District of Columbia
• +3 more outcomes

Named customers10 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered minor and core.

• K9GuardminorStrategic or Co-development PartnerStrategic partnership offering K9Guard canine liability coverage for tenants. Provides liability coverage for injury caused by tenant's dog on rented premises, protecting both tenant and landlord interests.
• InkShop GuardminorOthersPartnership offering comprehensive coverage for tattoo and piercing shop owners and independent contractor artists through separate annual policies. Available through NREIG or InkShop Guard partners.
• USCCA (United States Concealed Carry Association)minorGTM or Marketing PartnerUSCCA membership partnership offering legal protection, self-defense training, and educational resources to NREIG clients. Provides self-defense insurance as an ancillary product.
• Third-Party Administrators (TPA)coreImplementation/ SI/ Consulting PartnerThird-Party Administrators appointed by insurers to review claims, appoint independent adjusters, and develop settlement recommendations. NREIG works with TPAs to investigate coverage and process claims on behalf of clients.
• AM Best Rated Insurance CarrierscoreOthersNREIG partners with multiple insurance carriers all rated A.M. Best as 'A-' or better. These carriers underwrite the risks in the program based on their appetite and specialization. AM Best is the only global credit rating agency focusing on the insurance industry.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Obie: Obie is a digital insurance agency that sells landlord and investment property insurance directly to real estate investors — the closest direct peer to NREIG's core D2C program with overlapping product categories like rental, vacant, and renovation coverage.
• Steadily: Steadily is an insurtech agency built around landlord and investment property insurance using a digital-first experience similar to NREIG's REInsurePro portal, targeting the same SMB real estate investor persona across landlord, vacancy, and flood coverages.
• National Western Financial Insurance: National Western writes specialty habitational and investment property insurance (rentals, vacant, fixer-uppers) through independent agents — a comparable specialty carrier that competes for the same landlord/investor segment NREIG serves.

Broad incumbents

• Foremost Insurance Group: Foremost is a specialty P&C carrier offering landlord, rental dwelling, vacant, and mobile home coverages — a comparable incumbent with overlapping niche property products, though it underwrites directly rather than as a Program Manager.
• American Modern Insurance Group: American Modern is a specialty P&C carrier serving niche property classes including landlord, vacant, rental, and manufactured housing, making it a comparable incumbent in the same investor property lines NREIG distributes.
• Lemonade: Lemonade is a digital-first consumer insurance carrier expanding into landlord and homeowners coverage that competes indirectly with NREIG's investor-focused offerings through a superior digital experience and brand recognition.
• Hippo Insurance: Hippo is an insurtech MGA for homeowners coverage with growing adjacent real estate investor offerings, comparable to NREIG in being a technology-enabled distribution partner with carrier underwriters and a similar specialty-direct approach.
• American Strategic Insurance (ASI): ASI is a Progressive-owned specialty carrier writing landlord, vacant, and rental dwelling coverage through agents; a comparable incumbent that competes for many of the same risk classes NREIG's carrier partners underwrite.
• Bankers Insurance Group: Bankers Insurance writes specialty property programs including landlord and vacancy coverages for residential investment properties, putting it in the same niche property class specialty category as NREIG's investor program.

Regional players

• Roofstock: Roofstock is a real estate investment marketplace for single-family rentals that has built adjacent insurance offerings for investors; comparable as an indirect competitor targeting the same investor persona and bundling insurance into the property acquisition flow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@NREIG
• Facebookfacebook.com/NREIGsocial
• LinkedInlinkedin.com/company/nreigsocial
• Instagraminstagram.com/nreig_insurance
• Xx.com/NREIGsocial

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NREIG