Minneapolis, MN · Member since 2016 · 4 posts · 1 vote
Hello,
I am new on here but I have had a property that I rent out in Indianapolis, IN. I am looking at getting some new insurance, my current company is giving me a crazy high number for landlord insurance. So here I am asking for any advise on companies that would have a decent price on good coverage. The house itself is an old historic victorian in the Irvington Neighborhood of Indianapolis, it was a primary residence for a few years before relocating. Thank you for any comments.
Residential Real Estate Broker · Brownsburg, IN · Member since 2016 · 8 posts · 0 votes
10y
I work for a great brokerage called Smith Swayer and Smith. We are local and pride ourselves on customer service. I would be happy to see how we can help.
Real Estate Investor · Henderson, NV · Member since 2011 · 87 posts · 22 votes
10y
@Jeff Goedeker and @Mike D'Arrigo thanks for the suggestions. I am currently with AAA and they are getting expensive (for some reason rates are up in Indy) so I may need to start shopping. The last time I shopped, insurance companies cover the Indy rentals but that's it meaning the umbrella policy does not cover the Indy properties as well. Currently I have coverage for primary residence, car, rental properties, and an umbrella policy on top of it all. Having it all together gives a discount. With the Indy props, I suppose an LLC and separate coverage may be an option as well.
Insurance Agent · Maitland, FL · Member since 2015 · 397 posts · 244 votes
10y
Thank you everyone. Let me know if I can help. Also we are able to help in all 50 States (and DC), we are able to do holds and we also represent that elusive builders risk policy, that many investors talk about, but none can seem to find, which are the prime suggestion for a flip. Most of my contact info should be below, if BP is working right.