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Enrique Villarreal
Pro Member
  • New to Real Estate
  • San Antonio, Tx
11
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22
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Insurance Provider Recommendations - San Antonio Texas

Enrique Villarreal
Pro Member
  • New to Real Estate
  • San Antonio, Tx
Posted Sep 22 2022, 18:57

Hello BP.  Does anyone have an insurance providers they would suggest for both LTR home insurance and an umbrella policy in San Antonio, Texas?  Is there an advantage to working with multiple insurance brokers or do they all have access to the same providers & rates? Are there advantages to working with a local rep from a large firm such as  State Farm, Allstate, etc.?

Thanks for your help.

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Adam Bartling
Pro Member
  • Lender
  • Rosenberg, TX
128
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286
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Adam Bartling
Pro Member
  • Lender
  • Rosenberg, TX
Replied Sep 22 2022, 22:30

It is similar amongst brokers, a broker has access to approx. 40+ carriers, had lunch with mine today. Jackie Torres 713-249-4714.  This is the only woman who can talk faster than me.  Good to go!

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Kevin Hoag
Pro Member
  • Insurance Agent
  • Cleveland, OH
98
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206
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Kevin Hoag
Pro Member
  • Insurance Agent
  • Cleveland, OH
Replied Sep 23 2022, 07:37

@Enrique Villarreal If you work with an independent insurance agent/broker that person should have access to multiple carriers and you wouldn't need to work with several of them. I always recommend finding an insurance agent who specializes in the rental industry. Yes, some independent agents have different access to different carriers but with habitational insurance there are only a handful of carriers that specialize insuring rental properties. The rates will be the same for all agents as that is controlled by the carrier.

I would look into Tower Hill, American Modern, Foremost (single family only effective 10/01/2022) Berkshire Hathaway, and Safeco. They all offer great landlord policies. The big challenge is finding out who is most competitive in your specific area and that is where having one agent who can quote them all is going to be a big help.

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User Stats

22
Posts
11
Votes
Enrique Villarreal
Pro Member
  • New to Real Estate
  • San Antonio, Tx
11
Votes |
22
Posts
Enrique Villarreal
Pro Member
  • New to Real Estate
  • San Antonio, Tx
Replied Sep 23 2022, 21:44

@Kevin @Adam

Thank you both for your feedback, I’ll reach out to these groups on Monday.


Have a great weekend

Account Closed
8
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27
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Account Closed
Replied Sep 28 2022, 00:21

Hey Enrique, 

I work for Honeycomb, a new carrier that is designed for landlords. 

We write policies in Texas. I'll be happy to help get you coverage for your property.

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Alisha Wilson
  • Rental Property Investor
  • Austin, TX
6
Votes |
9
Posts
Alisha Wilson
  • Rental Property Investor
  • Austin, TX
Replied Dec 1 2022, 11:47
Quote from @Account Closed:

Hey Enrique, 

I work for Honeycomb, a new carrier that is designed for landlords. 

We write policies in Texas. I'll be happy to help get you coverage for your property.


 Do you write policies in Florida?

Account Closed
8
Votes |
27
Posts
Account Closed
Replied Dec 1 2022, 13:17
Quote from @Alisha Wilson:
Quote from @Account Closed:

Hey Enrique, 

I work for Honeycomb, a new carrier that is designed for landlords. 

We write policies in Texas. I'll be happy to help get you coverage for your property.


 Do you write policies in Florida?


 Hi Alisha, I"m afraid not.