I might be able to help you @Sean Stevens !
I typically only do replacement cost coverage for the properties for newer investors. If they are more seasoned investors and is OK with actual cash value, we can do that too. As for Philly area, Safeco I have found to be competitive for the area for the 1 to 2 units.
Hey guys, any recommended insurance companies for a 4-unit property in Philly? I am planning to live in the unit.
@Oscar Beteta I use Allstate for my home, auto, landlord, and umbrella insurance. They are easy and competitive.
That said, if you’re happy with your homeowners company, give them a shout for your 4-plex.
Thanks @Mike McCarthy !!!
@Sean Stevens were you able to find insurance for your property? I'm currently in the same boat as you, under contract for my 1st investment property. It is a single family home in Philadelphia. Would you be able to share any recommendations on insurance providers for the area?