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Updated 9 days ago on . Most recent reply

Insurance Broker?-Evaluating and Shopping Insurance for an Existing Portfolio
Hi All,
I have an existing portfolio of LTR's that are all small multi-family. 8 properties, 25 units total in WI.
We have stuck with the same local insurance company for over 15 years and we are long overdue for a deep dive to find efficiencies and save some insurance costs with the portfolio. We haven't had any claims (knock on wood), however premiums continue to climb.
Has anyone used an independent insurance broker to shop around for an entire portfolio before? Pros/cons? Any recommendations in the Wisconsin Market?
Appreciate any feedback!
Shane
Most Popular Reply

Shane, we work with investors throughout the US, but I'm based in SE WI. There are several independent insurance carriers in WI who only write business in WI that are good alternatives to who you are currently with. I'll drop you a DM with more info.