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Updated over 6 years ago, 04/06/2018

User Stats

30
Posts
11
Votes
Susan Herschell
  • Rental Property Investor
  • West Linn, OR
11
Votes |
30
Posts

Commercial property insurance in WA state

Susan Herschell
  • Rental Property Investor
  • West Linn, OR
Posted

Hi all!

My husband and I are days away from closing on a 7 unit rental property in SW WA and can't find anyone to insure the property! The property is an older property built in the 40s and needs a fair amount of work. New roof, upgraded electrical, you name it. We are working with a local  bank on a commercial loan and the property insurance is the only outstanding piece on the loan contingencies as we are required to carry enough to cover the loan, approx $270K. Any recommendations on carriers who write aging commercial properties in WA state? 

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