Insurance Companies for rental property in SW Florida

[Mel K.]

Hello all,

Does anyone have a reliable insurance agent I can reach out to for a quote? I'm interested in purchasing a multifamily property in the SW Florida area, specifically Sarasota/Bradenton. My wife called a few companies that were referred to us and they all requested walk-thru's or wind mitigation reports. Can they not give me a conservative quote without this process? It makes it hard to run numbers and see if a property is worth making an offer on. Any help would be greatly appreciated. Thank you!

[Earl McFarland]

There are good insurance brokers but like any industry you need to do some homework. Remember they are insuring nearly 100% of your RE investment portfolio. Buy and pay for the right coverage. A good insurance broker should be part of your team, I.e., attorney, CPA, RE broker, banker, Comtractor, any other member of your team of trusted advisors.