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Updated almost 6 years ago on . Most recent reply

User Stats

42
Posts
7
Votes
Chris S.
  • Investor
  • Boston, MA
7
Votes |
42
Posts

Multi-Family Insurance In Massachusetts

Chris S.
  • Investor
  • Boston, MA
Posted

So i have a two family rental property in Quincy, MA.  The house is in a flood zone but fully paid off, so I dumped the flood policy last year.  Liberty Mutual upped my premium from $1600 to $2600 this year due to me removing my other home and auto policies.  I got a quote from Travelers for $760 for the same exact coverage but wouldn't write the policy due to me not having flood coverage.  Any ideas for a good insurance company in MA?  I could reduce the coverage from $550K to $400K to get the premium down to $2000, but would rather be closer to that number from Travelers.  Any help is appreciated.  Thanks!

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