Steadily

Steadily provides landlord insurance for owners of residential rental property in the United States. Policies bundle property protection against perils such as fire and smoke, non-flood water damage (burst pipes, HVAC leaks, plumbing overflows), storm, hail, wind and lightning, vandalism and burglary, and riot and civil commotion, together with legal liability coverage and loss-of-rent coverage for periods when a unit becomes uninhabitable after a covered loss. The company writes $300,000 to $2,000,000 of liability into every landlord policy and offers DP-1 and DP-3 dwelling forms; customers can also select a narrower set of coverages for a lower premium. Eligible risks include single-family and 1-4 family dwellings, multi-family buildings, accessory dwelling units, condominium units, tiny homes, and vacant or under-restoration properties, with owner-occupied, tenant-occupied, seasonal and short-term rental (Airbnb, VRBO) occupancies accepted. LLCs, corporations, trusts and partnerships can be named insureds, and up to 40 locations in a single state can be scheduled on one policy.

The company describes itself as targeting the roughly 18 million individual rental property owners in the U.S., a group it says owns about 40% of American rental units. It positions its product as purpose-built for rental property investors rather than a homeowners policy adapted for rentals, emphasizing online quoting in seconds to minutes, immediate binding, and a claims process handled by a landlord-focused team. Steadily's structure spans multiple regulated entities: Steadily Insurance Company, an A-rated carrier; five managing general agency programs; and an insurance agency.

As of the April 2025 Series C announcement, Steadily reported more than $250 million in annualized gross written premium and said it was dual-headquartered in Austin, Texas and Overland Park, Kansas; a Forbes company profile dated March 2026 lists Austin as headquarters and approximately 200 employees. The company's mailing address is in Beaverton, Oregon.

Founding story

Co-founder and CEO Darren Nix has said the idea originated about eight years before the April 2025 announcement, when he found it unexpectedly difficult to insure his first rental property; after launch he became Steadily's first customer. The company was founded by a team combining insurance practitioners and rental property investors.

Business model

Steadily underwrites and distributes landlord insurance policies, earning premium through its own carrier (Steadily Insurance Company), five MGA programs, and an insurance agency. Distribution is both direct-to-landlord via online quoting and through appointed property & casualty agents, who are offered commissions plus incentive opportunities.

Insurance premium on landlord dwelling policies (DP-1 and DP-3 forms) written through its carrier, MGA programs and agency; the company reported over $250 million in annualized gross written premium as of April 2025.

Traction

Over $250 million in annualized gross written premium and more than 400 proptech integrations as of April 2025; over $40 billion of rental property risk placed by landlords through Steadily; roughly 200 employees as of March 2026; No. 179 on the 2026 Inc. 5000 list, a second consecutive appearance.

Latest developments

Recent company announcements include the No. 179 placement on the 2026 Inc. 5000 list, a partnership with RLI to expand nationwide access to landlord insurance, and an exclusive self-serve insurance program launched with HomeVestors for its franchisees. An agent-facing "Steadily Appetite" resource is listed as coming soon.