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ForumsArrowPhiladelphia Real Estate ForumArrowCan anybody recommend me an insurance agent for quotes? Mixed-use
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Can anybody recommend me an insurance agent for quotes? Mixed-use

3 Replies | Philadelphia, Pennsylvania

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  • Posts 21
  • Votes 3

Shin Bo
from Philadelphia, Pennsylvania

posted over 3 years ago

Hello everyone,

I have a mixed use unit in Philadelphia and I wanted to shop around for quotes since my policy is coming up due in Jan and the price is kinda high. 

It seems that searching for commercial building insurance is a lot harder to find quotes than a car or home insurance.

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  • Posts 1.5K
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Chris K.
Attorney from Dallas, PA

replied over 3 years ago

@Shin Bo

As I tell everyone, you generally want to work with an insurance broker. I'll be happy to share a few if you PM me. 

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney. What I wrote above does not create an attorney/client relationship between us. I wrote the above for informational purposes. Do not rely on it for legal advice. Always consult with your attorney before you rely on the above information.

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  • Posts 2.0K
  • Votes 1.1K

Jason Bott
Insurance Agent from Milwaukee, WI

replied over 3 years ago

@Shin Bo when it comes to a commercial property/mixed use, you will find your best options from an independent commercial insurance broker.  We will have insurance carriers who want to insure these buildings and will also be much more flexible with the terms of the policy.

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  • Posts 1.2K
  • Votes 570

John Mocker
Insurance Agent from Norwalk, Connecticut

replied over 3 years ago

Shin Bo,

Mixed use buildings are tougher than straight mercantile use.  There are plenty of markets however that will write that type of building.  If you have a restaurant/cooking exposure in the Mercantile or if there is higher risk of robbery, such as a Liquor store there will be less companies willing to write it.  I would echo the prior recommendations that you find a Independent Insurance Agent that represents multiple markets.  

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