Best insurance companies for MultiFamily coverage in Chicago?

Question

Hey everyone -

We are in the research stage of looking for home insurance for a 2-unit MF property in Chicago. Does anyone have any suggestions for companies that specialize in MF coverage? Are there any specific things we should take into account when getting a policy for a large MF building?

Thanks for any help/guidance the community can offer!

Mark Ainley · Answer

@Jeff Davis I will DM you my few preferred vendors.  For the smaller multi surprisingly American Family and State Farm have been coming in strongest for us but sometimes they have a random crazy high number.

Jeff Davis · Answer

Thanks for the recommendation @Alex Fenske!

Jeff Davis · Answer

Thanks for the info, @Jonathan Klemm! Will definitely check out the event.

Cameron Moore · Answer

I would recommend always working with a local insurance broker that understands investors.

Alex Fenske · Answer

Hi Jeff, Dan Mosca is State Farm's #1 investment property insurance agent in the country and is based right here in Chicagoland. He has helped me with fantastic advice and service. I'd suggest calling his office at (708) 235-1000 or message me for his cell.

Will Fraser · Answer

Not specific to Chicago, but I've had fantastic experience overall with SES Risk Solutions (brokered through my insurance guru Chad Endres with Thrive Insurance in Oklahoma) and they are seasoned in multifamily

Best insurance companies for MultiFamily coverage in Chicago?

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