Property Insurance for rental in Mobile AL

10 Replies

I own a rental property in Mobile AL for over 10 years now and the property insurance have been going up every year on it. We are with Farmers Insurance. I just got a renewal notice and the insurance premium for next year is $3,000!!! which is outrageous for a property worth $120K. It looks that not very many carriers will insure in that area. The property actually located in Semmes, AL (zip 36575), which is right next to Mobile. 

I know there are other landlords out there and would appreciate any feedback you can provide regarding who do you use for your insurance for landlord policy? Any recommended insurance agents covering this area? How much are you paying for landlord coverage for a 3/2/2 1500 sq. ft. dwelling (or similar)? 

Thank you!

Call Theresa Williams with Pilger Insurance and she can get you a quote. She is who I use for some of my rentals and seems to be reasonable. Her number is 251-340-1977 or you can email her at [email protected] Ever since hurricane Katrina insurance has been crazy around here. Good luck and let me know if I can help you with anything else. 

You are more than welcome. I hope she is able to help you out. I know she has been very helpful for me. Again, good luck and let me know if I can help you with anything else. 

You may also want to call Beth Hill at Thames Batre in Mobile. 251 473 9000. Good luck.
Originally posted by @Russell Norgren :

You are more than welcome. I hope she is able to help you out. I know she has been very helpful for me. Again, good luck and let me know if I can help you with anything else. 

I appreciate it Russell, I emailed her and hopefully will get an answer tomorrow.

Mark McWilliams @ Thames Jackson Harris got us some good rates in the last 2 weeks. Might want to get a quote from him. Several local investors referred me to him. 251-433-3966
Originally posted by @Russell Norgren :

Call Theresa Williams with Pilger Insurance and she can get you a quote. She is who I use for some of my rentals and seems to be reasonable. Her number is 251-340-1977 or you can email her at [email protected] Ever since hurricane Katrina insurance has been crazy around here. Good luck and let me know if I can help you with anything else. 

Got a quote from Theresa for $1350, more than 50% savings!

@Dmitriy Fomichenko

    Congrats! I am glad to hear she was able to help save you a good bit of money! I have been happy with the quotes she has been giving me and intend on continuing to use her. If there is anything else I can help you with then feel free to let me know. Have a great weekend!

Join the Largest Real Estate Investing Community

Basic membership is free, forever.

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