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Luke Baumbach
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13
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Recommended insurance agency?

Luke Baumbach
Posted

I’m looking for insurance for a fourplex. Current owner said he is paying $1,500. My State Farm agent quoted $3,500. 

Any recommendations? Thank you.

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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

Ask for the sellers insurance agent. Confirm the seller is only paying $1,500 and not “mis-rememebring” and then ask for the same policy on the same property. 

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