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Travis Thornton
  • Baton Rouge, LA
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Help!! Type and cost of 4-plex insurance

Travis Thornton
  • Baton Rouge, LA
Posted

I need help,

My brother is investing in a 4-plex where he will be an owner-occupant. I keep getting different answers as to what type we should get, and how much it will cost. He spoke with a salesman today, and was told that each unit has to be insured individually, and our payment will be $400/month. This can't be right, can it? If so, we're sunk. Help please!

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Matt Devincenzo
  • Investor
  • Clairemont, CA
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Matt Devincenzo
  • Investor
  • Clairemont, CA
Replied

Not sure if the OO status makes a difference but you can try National Real Estate Investors Group Insurance I had an issue with insurance last week and they were cheaper with better liability limits than anyone else I found. http://www.nreinsurance.com/.

Note: I'm just a happy customer no other affiliation.

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