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Updated over 10 years ago on . Most recent reply
Insurance for a 4 family in MA
I have been trying to get quote for insurance for a 4 unit multi-family investment property in central MA area for a few days, and did not have any luck so far. I called a few insurance companies and none of them insure properties with reconstruction values more than $600,000 (the cost they estimate). My current insurance agent I insured my home with also could not find any carriers they do business with that are willing to insure this property. I read previous posts about insurance but they are mostly for different areas of US and I don't know if their answers will apply. Also, I do not know if I'd better go with a regional or big insurance company. Can you guys provide some pointers? Thanks.
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Try @Tim Norris at www.nreinsurance.com. They specialize in real estate investments.