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Updated 9 days ago on . Most recent reply

Eva Bici's profile image
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Eva Bici
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Eva Bici's profile image
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Eva Bici
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Insurance

Landlord Insurance for multi familu

Eva Bici
Posted

We just got a quote for insurance for a 2 apartment multi unit and it was 10.5 K. 
the building is old from 1890s and has a flat roof so we were expecting the premium to be high but not 10K . What's everyone getting for insurance quotes these days? Any brokers out here that can get a better price? 

Chicago, Illinois
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Aaron Zimmerman
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  • from Chicago, IL
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Aaron Zimmerman
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Aaron Zimmerman
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Aaron Zimmerman
  • Accountant
  • Chicago, IL
Replied

$10k is absolutely insane. Insurance is tough right now. Have you considered increasing the deductible? That may help. 

If you do need a contact for insurance, I’d be happy to provide you with a contact. Please PM if youd like it . 

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