insurance providers for apartment buildings (for landlords)

[Thuy Tri]

What are some insurance companies you recommend with best coverage and reasonable pricing for owners of apartment buildings.  We are in process of underwriting and our lenders think our estimate of $550 per unit is too conservative.  This is for a new construction of 75 units, no flood zone in Charlotte, NC.  What are other factors to consider in the insurance quote?

[Peter Nikic]

Find a good insurance agent, they'll find the insurance companies and quotes for you. I don't know any in your area, but I just got a policy on a new construction bldg for under $400 per unit.