I need insurance on a 48 unit building!!

[Isaac Kimsey]

I purchased an apartment complex near Shreveport last year. The insurance company that I used quoted my about 40% higher for the property than they had the previous year. the quote was for $11,345. We purchase the property for $750,000. This year quote came back at $19,536. This really surprised me as we have been in the process of renovating the property. There are 12 quads. We have replaced 5 roofs in 2023. I assumed this would, if not lower the insurance at least keep it around the same price.

Does anyone know an insurance agent in the Shreveport area I could reach out to. I just need to know what I need to do to lower my insurance premium.

[Chris Seveney]

@Isaac Kimsey

https://lailluminator.com/2023/09/27/what-louisiana-governor-candidates-want-to-do-about-soaring-property-insurance-rate/