Multi-family Insurance Company

1 Reply

Does anyone have a recommendation for a insurance company that covers 2 - 4 unit multi-families? I had my current insurance company give me an estimate on a property and it was about 2.5x more than what i was expecting.  When I called and talked to them they said it was because they have to classify it as a commercial apartment building.   

@Nich J. there are probably 20-30 different insurance carriers who can provide you a solution, most of these companies are accessed through an independnat insurance broker.

From your agents response, sounds like you are working with a personal lines agent.  You will want to start working with a commercial broker if you are going to continue to grow your real estate biz.

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