Insurance for Small Multifamily 4 unit

Insurance for Small Multifamily 4 unit

Member since 2017 · 20 posts · 12 votes

What’s up BP,

Does anyone have a recommendation for an insurance company that covers a 4 unit multifamily?  Our current provider will no longer be providing it .   Just seeing what other investors are using.  

The units are in Modesto, California.

Thanks in advance!

 

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  • Realtor · Los Angeles, CA · Member since 2018 · 952 posts · 1k+ votes
    2y

    @Edward Alicante, is your current provider no longer offering insurance to fourplexes, or no longer offering new policies in California? I lot of insurers have suspended two CA policies in light of the fires the last few years.

    If it's the latter, you just need to find another residential insurer as fourplexes are residential real estate. I've found Homesite (https://go.homesite.com/) is still reliably writing policies in CA.

    Good luck!

    Best,

    Jon

  • Dylan VargasPro Member
    Rental Property Investor · Chico, CA · Member since 2016 · 633 posts · 336 votes
    2y

    @Edward Alicante Welcome! Go to an independent insurance agent and ask for some quotes. They should have a company or companies that offer the insurance you need. Good luck and keep us posted.

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