Best get Insurance locally or use same company for portfolio?

[Ralph Chiaia]

Hi Peoples, 

I'm a newbie investor in Real Estate. I am an agent and a property manager for a few years and finally bought my first place as an investment in 2019. So far I've used the same company to insure both of my homes. I'm planning to buy 3 more in 2020 and was wondering if it's best to use the same company to insure all of them or if it's cheaper/better to use local places to insure the new ones. I started investing in PA and now I'm shifting to FL. I work as an agent in Brooklyn and have recently come across some exceptional deals locally. I thought the market was too expensive but I am starting to see that there are deals in every market, even expensive ones. 

Thanks for welcoming me into the BP fold. I love all the posts I've been reading! This group of people really inspires me! 

Best,
Ralph

[Aaron K.]

It is better to find the best deal for each property, it is also possible that your current provider does not service all the states you wish to invest in.  If a provider services all states, I have found that they are more expensive... by a lot.