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Updated over 10 years ago on . Most recent reply

User Stats

11
Posts
4
Votes
Jeff Zhou
  • Real Estate Investor
  • Malden, MA
4
Votes |
11
Posts

Insurance for a 4 family in MA

Jeff Zhou
  • Real Estate Investor
  • Malden, MA
Posted
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.

Most Popular Reply

User Stats

3,269
Posts
2,367
Votes
Ann Bellamy
  • Lender
  • Tyngsboro, MA
2,367
Votes |
3,269
Posts
Ann Bellamy
  • Lender
  • Tyngsboro, MA
Replied

Try @Tim Norris at www.nreinsurance.com.  They specialize in real estate investments.

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