Shopping for Apartment Property Insurance in Texas

Shopping for Apartment Property Insurance in Texas

Investor · Los Angeles, CA · Member since 2015 · 56 posts · 7 votes

Hello, I'm in process of purchasing a 60-unit apartment building in Texas and shopping around for property insurance.  Any advice or referrals would be greatly appreciated

Best,

S

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  • Realtor · Scottsdale, AZ · Member since 2019 · 125 posts · 51 votes
    5y

    Hey Simon,

    I'm a commercial insurance agent. Texas has high wind/hurricane exposure in the south and high convection storm exposure in the north. Having said that, please use a independent insurance brokerage as you will need access to excess and surplus lines markets. Strata has been the big player their for a while, but many other carriers are coming in more competitive lately.

  • Insurance Agent · Maumelle, AR · Member since 2015 · 131 posts · 41 votes
    5y

    Simon, Ryan is right.  Use an independent.  If I can help you let me know.

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