Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

9
Posts
0
Votes
Robin Singh
  • Union City, ca
0
Votes |
9
Posts

Advice needed regarding auto insurance policy for agents

Robin Singh
  • Union City, ca
Posted

Hello everyone, I need advice from fellow realtors from California about Auto Insurance.

I am a new realtor. My broker wants me to change my auto insurance policy to commercial auto insurance policy. Also my broker wants his company's name to be included in my insurance title. I called my auto insurance company. They are not willing to add my broker's name to my title, but they are willing to change my policy to commercial policy that will increase my premium from $500 per six months to $1200 per six months on my car. It is a big increase in premium. I would like advice on this topic and would want to know how much premium are other realtors paying on their auto policies? Also which companies offer cheaper auto insurance for commercial purpose? Any advice regarding this will be highly appreciated. Thanks

Most Popular Reply

User Stats

324
Posts
191
Votes
Patrick Connell
  • REALTOR®
  • Bastrop, TX
191
Votes |
324
Posts
Patrick Connell
  • REALTOR®
  • Bastrop, TX
Replied

Depending on your split, I would find a new broker.

I don't met clients ride in my car anymore, so not really an issue for me at this time.

Loading replies...