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Updated almost 5 years ago on . Most recent reply

User Stats

10
Posts
4
Votes
Sam Heck
  • Real Estate Investor
  • Prairieville, LA
4
Votes |
10
Posts

Can't find insurance for 4-plex

Sam Heck
  • Real Estate Investor
  • Prairieville, LA
Posted

Is it just me or is it very difficult to find insurance for a multifamily home? I've spent the last 4 hours calling various insurance agencies and have not been given a single quote. All of them are considering a 4-plex equivallent to an apartment and requiring commericial insurance. That's fine with me, but then each of them claim they don't issue apartments in that area. Maybe, I'm just looking in the wrong places. So far I have called State Farm, Travelers, Liberty Mutual, Nationwide, and Geico. I also tried a few independent agents, but no one has returned my call. I'm in Baton Rouge , La. Any recommendations?

Most Popular Reply

User Stats

38
Posts
17
Votes
Jerry Agbon
  • Raleigh, NC
17
Votes |
38
Posts
Jerry Agbon
  • Raleigh, NC
Replied

In cases like this, I'll recommend the use of an insurance brokerage company instead of shopping around for insurance company yourself.     

  • Jerry Agbon
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