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Updated about 7 years ago on . Most recent reply

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128
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39
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Ronak Shah
  • Northern NJ
39
Votes |
128
Posts

Landlord Insurance with Allstate for pre-1950 BC Property

Ronak Shah
  • Northern NJ
Posted

I had one rental in Baltimore which is built in 1956 and is insured with Allstate.  I recently purchased 2 other properties.  One built in 1954, I took out builder's risk policy (which Allstate doesn't write so), I got insured from somewhere else.  Other one built in 1949, Allstate agent initially wrote but when assessor went to see it, he didn't even assess due to property's age and they declined to write the policy.

I live in NJ and have 2 more rentals in VA so essentially I have 4 properties (including that 1956 built Baltimore), autos and umbrella (requires all covered properties to be insured with Allstate) all with Allstate so trying to see if anyone has their pre-1950 property with Allstate (which happens to be cheapest overall everytime I try to price shop).

If anyone has any other insurance company they can recommend for multi-state situation like me then that will be appreciated.

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