I am 24 years old and currently trying to close on my first property and house hack in Hartford County Connecticut. I am looking for quotes for 2 duplexes on the same property. So far I've found local insurance agencies have provided the best quotes, but was curious if anyone in the area has a preferred agency?
Thank you in advance!
Best of luck on the house hack @James Spinazola
@Michael Noto Thank you!
Finding local agents with the best rates is the best of both worlds. Local agents can be a source of referrals to local contractors, banks, etc. They also know the city or area being local. They will often be agents for Regional Insurance companies (just write in a limited number of states). Often they can be very competitive on Homeowner and Dwelling Fire policies
With both duplexes on the same parcel there are several ways that the companies can handle it:
1. Homeowners with the 2nd duplex included
2. Homeowners and a dwelling fire policy
If you do end up with sepparate policies on each duplex, it would probaby be wise to use the same company for each so there is just one company involved in a liability claim.
@John Mocker Thank you for the informations. So far I've certainly found working local has gotten me the best referrals for inspection, attorneys, etc. And so far all insurance agencies have quoted as two policies with slightly different rates since I will be living in one and landlord in the other