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Updated over 2 years ago on . Most recent reply

Thuy Tri's profile image
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Thuy Tri
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Thuy Tri
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Multi-Family and Apartment Investing

insurance providers for apartment buildings (for landlords)

Thuy Tri
Posted

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?

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Peter Nikic's profile image
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Peter Nikic
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  • from New York & TN
  • Member since Nov 10, 2019
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Peter Nikic
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  • from New York & TN
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Peter Nikic
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  • New York & TN
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Peter Nikic
  • Investor
  • New York & TN
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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. 

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