Multi Family insurance

[Simon Packman]

I have a 4 plex our premium sky rocketed to $8900 a year. I'm thinking about selling but thought I'd reach out to the community to see where I might find a reasonable price? I'm hoping for $4000 or less...

[Simon Packman]

Quote from @Tanner Pile:

@Simon Packman What company do you use? I have a 4 plex built in 1900 and my policy is at $9,400. I have Allstate. It recently shot up last year. I tried shopping around but no one would take me since I had a sewer collapse claim last spring. I do have additional coverage for the sewer since I knew it may have issues before I bought the property. 

I have America Family. I've had no claims and it went from 4700 to 8900 this year! I spoke with Owen he got me a quote that was great. Reach out to him he was great to deal with. $8900 is not profitable! That's absurd. My property has new roof and new sewer and all tenants have renters insurance. Low risk property.