Insurance Recommendation in Saint Louis, MO

[Zack P.]

Hi Folks!

I have rentals in South City St. Louis that I'd like to shop around insurance for.  

Do you have any recommendation for an insurance broker or an agent? 

thanks a ton!

[Max Householder]

Take a look at Shelter Insurance. They will write a policy based on property value rather than cost to rebuild so you can see significant savings. For some of these older brick buildings the replacement cost would be astronomical and thus the premiums are quite high. There are pros and cons to going this route, but I'd rather be able to pay off my loan and walk away in the event of a total loss rather than pay the extra premium every single year for the ability to pay twice what the building is worth in order to rebuild it.

I use Eric Brand with Shelter and Bill Newhouse has been recommended to me as well.