NYC investment property insurance

[Jose A Escobar]

Hello everyone,

I need help in finding a single-family home insurance I am using it as an investment property. 

any help would be greatly appreciated. 

Thank you. 

[John Mocker]

Jose,

I echo Cameron's recommendation.  You need an Independent Agent that does business in NY.  It is especially important if the property is a Row House or Co-op.  Both have special considerations and are more common in NYC than other states.  Also, Independent Agents who write a lot of policies in a state tend to have more markets (insurance companies) for that state.  There are Regional Insurance companies that only operate in a few states.  I have found that those regional companies can often have competive rates for the Homeowners & Dwelling Fire (for fully rented 1-4 family properties) Policies