Updated about 9 years ago on . Most recent reply
Need an Insurance Company With Good Rates
We are looking to hire a new insurance company for 8-50 properties in all different states including Florida, Georgia, Illinois, Maryland, Massachusetts, North Carolina and Wisconsin. We have loans with B2R, Colony and First Key so they must be approved by them. We can either find one company to cover all properties or we can do property by property
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#2 Insurance Contributor
- Insurance Agent
- Nationwide
@Account Closed in the past. There are a few points I think we can all agree on that you need to weigh out in your decision.
1) There are national insurance programs that you can access through most of us. Unfortunately, there is no way 1 program can be the most competitive in all of the states all at once.
2) If you choose to get the best premium for each location, you are better off pairing up with an agent in each region. Some insurance companies are only in 2-3 states and can only be accessed by agents in those states.
Bottom line, you should choose to either spend your time to save $ on insurance premiums, or spend a little more $ on insurance premiums to save more of your time.