Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
Followed Discussions Followed Categories Followed People Followed Locations
Multi-Family and Apartment Investing
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 4 months ago on . Most recent reply

User Stats

298
Posts
114
Votes
Ying Tang
114
Votes |
298
Posts

Lender has issue with specific verbiage with my insurance policy

Ying Tang
Posted

My lender has issue with specific exclusion language on my policy, that the policy was over 100 pages long. The insurance broker said the exclusion was just for cosmetic things for roof. But lender's internal underwriting rejected that insurance. 
I went to my primary house insurance company, but they don't deal with 4-plex.

I'm wondering if anyone has run into that issue before? What insurance company do you use for small multifamily?
I personally won't file insurance claim for anything under $10,000. So I'm looking for a policy that has a competitive price.

Thanks in advance for any insights!

Most Popular Reply

User Stats

15,162
Posts
11,841
Votes
Theresa Harris
#3 Managing Your Property Contributor
11,841
Votes |
15,162
Posts
Theresa Harris
#3 Managing Your Property Contributor
Replied

Why don't you ask the bank if they have a list of insurance companies they deal with?

  • Theresa Harris
  • Loading replies...