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Updated almost 7 years ago on . Most recent reply

Jordan Moorhead's profile image
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Jordan Moorhead
  • Real Estate Agent
  • from Austin, TX
  • Member since Jun 19, 2015
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Jordan Moorhead's profile image
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Jordan Moorhead
  • Real Estate Agent
  • from Austin, TX
  • Member since Jun 19, 2015
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
3,416
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Multi-Family and Apartment Investing

Multifamily Insurance Question

Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Posted

I just got quote for three 6 plexes that was $13,500 a year for insurance. They're worth between $1.1-1.2mm.

 Is this high? Who do you use for insurance? I had just contacted my residential insurance broker.

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Jason Bott
  • #2 Insurance Contributor
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  • from Nationwide
  • Member since Sep 12, 2014
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Jason Bott's profile image
Jason Bott's profile image
Jason Bott
  • #2 Insurance Contributor
  • Insurance Agent
  • from Nationwide
  • Member since Sep 12, 2014
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Jason Bott
#2 Insurance Contributor
  • Insurance Agent
  • Nationwide
1,431
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Jason Bott
#2 Insurance Contributor
  • Insurance Agent
  • Nationwide
Replied

@Jordan Moorhead even if they are old buildings, that is high.

  • Jason Bott
    • 1 Vote
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