Insurance Multi-Unit Discounts

[Mel Park]

Hello all.

I have a rental townhome in suburban Atlanta - no mortgage, and 4 months ago I bought an insurance policy and paid for a full year upfront.     Now, I'm buying a 2nd townhome - also suburban Atlanta.   I know it's not a lot of money - but every little bit helps - - I was hoping that I'd get some sort of discount for having more than one unit.  Initially- the agent I bought the policy from says that thru  "American Modern" - the company I'm insured on the 1st Townhouse for -- - that there would be no discount for multiple units.       Does that sound right?    I know that having 2 units doesn't make me Jeff Bezos but I was hoping for something at least :)

[Chris Shimmel]

Multi unit discounts are unlikely. Multi policy discounts (home/auto) are very common. Depending on how you own this property and the type of insurance you have, it's possible that multi policy discounts could apply. I don't believe American Modern writes other lines of insurance so likely no discount available from that route.