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Michelle Bowes
  • Lincoln, NE
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Insurance on a residential 10-plex

Michelle Bowes
  • Lincoln, NE
Posted

We own a residential 10-plex in a small, safe, Nebraska rural community. Our insurance recently off-loaded all multifamily units in the US leaving us hunting for a reasonable replacement. Unfortunately, quotes are coming back at 3x the current cost ($3300/year). Can anyone recommend an insurer that is a bit more reasonable? The building is in great condition with a new roof and is professionally managed. Only 1 claim on our books. Thank you in advance!

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