Insurance for multiple single family properties
Hello, I am working on a growing portfolio of single family residences. My current insurance company will only allow me to have 4 houses within my personal lines. I just got my next house and had to go to a commercial line and the policy is more than 2x it was with my personal. $985/yr for a $17,000, 2 br house with no basement seems really high. Does this seem typical for you all? Do you have any recommendations for other carriers? Do you have to switch your personal lines to have commercial policies for your rentals? Thank for your help!