The top-rated landlord insurance agent in Hobbs, New Mexico is Forrest Evans Insurance, Incorporation, rated 4.9 stars across 117 reviews. Other highly rated options include Armando Ornelas - State Farm Insurance Agent, Roma Insurance, Eric Z Hester: Allstate Insurance. This directory lists 20 landlord insurance agents serving Hobbs.
Comparison
| # | Name | Address | Phone |
|---|---|---|---|
| 1 | Forrest Evans Insurance, Incorporation | 900 S Dal Paso St | (575) 255-0516 |
| 2 | Armando Ornelas - State Farm Insurance Agent | Next to CherryBerry, 2827 N Dal Paso St # 127 | (575) 392-2001 |
| 3 | Roma Insurance | 801 N Turner St | (575) 393-7504 |
| 4 | Eric Z Hester: Allstate Insurance | 1401 N Turner St #8 | (575) 393-9050 |
| 5 | Medlock and Associates | 515 E Marland St | (575) 201-4176 |
| 6 | George Gandy Insurance | 610 W Bender Blvd Suite 200 | (575) 392-9013 |
| 7 | Mike Guerin - State Farm Insurance Agent | 111 E Sanger St | (575) 393-4500 |
| 8 | GlobalGreen Insurance Agency | 2702 N Grimes St D | (575) 392-7733 |
| 9 | Anchondo's Insurance Agency | 1002 S Dal Paso St Suite 100 | (575) 200-3547 |
| 10 | JIA Insurance Services | 716 E Bender Blvd | (575) 397-5988 |
Forrest Evans Insurance, Incorporation serves the Hobbs, New Mexico area as a dedicated landlord insurance agency. It assists property owners in securing coverage for rental homes and multi-unit dwellings. The company helps clients choose policies that protect against property damage and liability risks common to leasing. Because landlord insurance requires different expertise than standard homeowner plans, this agency focuses on matching coverage to rental portfolios. It handles specific services such as protection for loss of rental income and policies covering vacant or newly-acquired rental properties.
Armando Ornelas - State Farm Insurance Agent in Hobbs, NM, provides landlord insurance services that protect rental property investments. It offers customizable coverage for property damage and liability risks common to landlords, along with maintenance plan options that help property owners address routine repairs. The agency also assists in adjusting coverage limits as properties change or tenant situations evolve. Its services extend to single-family homes, apartments, retail spaces, and restaurants, ensuring diverse rental properties are supported with appropriate insurance protection for local needs.
Roma Insurance serves landlord property owners in Hobbs, New Mexico and the surrounding communities. It handles landlord insurance policies, including coverage for residential rental properties in the area. The company addresses typical risks that landlords face, such as property damage and liability concerns associated with tenant-occupied units. For a typical job, it evaluates the specific property and the landlord’s individual exposure, then recommends coverage levels tailored to that situation and coordinates the policy details with the owner.
Eric Z Hester: Allstate Insurance serves property owners and landlords in Hobbs, New Mexico, by offering residential and commercial landlord insurance policies tailored to protect rental investments. Their services include liability coverage and property damage protection for income-generating properties. They also assist with claims guidance to help landlords manage unforeseen losses effectively. This agency provides coverage for clients in surrounding Lea County communities such as Lovington, ensuring nearby property managers have access to essential insurance solutions.
Medlock and Associates in Hobbs, NM, offers one-time policies for single property needs and recurring annual plans for ongoing landlord insurance coverage. Both options typically protect rental structures, liability exposures, and loss of rental income. Claims processing and risk assessments are tailored to local real estate conditions in the Hobbs area. A landlord insurance agent here can recommend specific coverage limits based on property type. Service arrangements are available on an as-needed basis for one-time consultations or on a recurring scheduled cycle for annual renewals.
George Gandy Insurance manages property risk and liability exposures for landlords in Hobbs, New Mexico. Their work includes protecting rental dwellings, ensuring coverage for structures and lost income if a tenant cannot occupy the unit. As a local Landlord Insurance Agent, they tailor these protections to the specific needs of property owners. The commercial sectors this service can address include offices, warehouses, and food service operations.
Mike Guerin - State Farm Insurance Agent in Hobbs, NM offers specialized property coverage tailored for landlords, alongside comprehensive general insurance services. It addresses the unique risks of rental property ownership, including liability protection and building repair coverage. This agency helps property owners understand policy options for multi-unit dwellings or single-family rentals. As winter approaches, it can also assist with safeguarding income against losses from frozen pipes or heating system failures that might displace tenants.
As the seasonal monsoon rains arrive in Hobbs, protecting rental properties from weather-related damage becomes a priority for local landlords. GlobalGreen Insurance Agency helps property owners in area near Lea County by offering policies that cover common landlord risks such as liability, building repairs, and loss of rental income. They review each unique rental situation to align coverage with local real estate market realities and individual property conditions. Their process begins with an on-site inspection of the property to assess current risks before finalizing any coverage terms.
Anchondo's Insurance Agency in Hobbs, NM provides landlord insurance primarily for residential rental properties, with additional coverage options available for commercial units. Serving property owners across the local area, this agency writes policies that address liability and property damage common to rental housing. Landlords can expect straightforward assistance during claim reporting and policy renewal periods. The agency also offers follow-up service between regular visits to adjust coverage as necessary when property conditions change or new tenants are acquired.
JIA Insurance Services provides comprehensive risk management for property owners in the Hobbs, New Mexico area. The agency specializes in landlord insurance, offering essential coverage for rental dwellings and additional protections such as liability coverage and loss-of-rent endorsements. Their policies address the unique challenges of maintaining residential investment properties in the local climate and regulatory environment. Commercial sectors served include office buildings, warehouses, and food service establishments, ensuring tailored solutions for diverse business property owners.
What Does a a Landlord Insurance Agent in Hobbs Cost?
Typical landlord insurance costs in New Mexico range from 25 to 50 percent more than standard homeowners insurance. For a single family rental in Hobbs you might pay between 800 and 1,500 dollars per year. Costs depend on property value, location, coverage limits, and deductible. This is general information and not insurance advice.
About landlord insurance agents in Hobbs
A landlord insurance agent in Hobbs, New Mexico helps property owners protect their rental investments. Agents in this area understand local risks such as oil field activity and weather events common to Lea County. New Mexico law does not require landlord insurance but many mortgage lenders and property management companies do require it for rental properties.
Frequently Asked Questions
What does a landlord insurance agent in Hobbs do?
A landlord insurance agent in Hobbs helps you find a policy that covers your rental property. They explain coverage options like dwelling protection, liability insurance, and loss of rental income. They also help you comply with any requirements from your mortgage lender or property manager.
Is landlord insurance required by law in New Mexico?
New Mexico state law does not require landlords to carry insurance. However your mortgage lender or property management company may require it. It is also strongly recommended to protect against property damage and liability claims.
How do I choose a landlord insurance agent in Hobbs?
Look for an agent who specializes in rental property coverage and has experience with New Mexico insurance regulations. Ask about their knowledge of local risks like wind, hail, and fire. Compare quotes from multiple agents to find a policy that fits your needs.
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