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Stella Zhao
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5
Posts

Insurance Company that Issue to High Claim Records Client?

Stella Zhao
Posted

I own multiple properties across the US. I had never filed claims until last year, multiple of my properties had water issue. I filed water claims for two, and another claim for wind damage. All 3 were for different properties. None of which had claim history. Now I am acquiring a new property, want to get a landlord insurance, but couldn't find an insurance company that would offer the policy. They say I have too many claims and my agent said he doubt any insurance company would issue me a policy. Anyone had encountered this before. What can I do? I am looking to purchase a WA policy.

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296
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149
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John T.
  • Rental Property Investor
  • Central U. S. A.
149
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296
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John T.
  • Rental Property Investor
  • Central U. S. A.
Replied

In the last five months I have filed two house fire claims.  These are the only insurance claims I have filed in ten years.  I also fear that I may not be able to acquire any more Landlord's insurance.  I am seriously thinking about liquidating my rentals and investing elsewhere if I am denied Landlord's insurance.  

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