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Updated almost 7 years ago on . Most recent reply

User Stats

291
Posts
300
Votes
Ryan Pyle
  • Multifamily Investor
  • Toledo, OH
300
Votes |
291
Posts

Insurance for apartment building with 60 amp electric service

Ryan Pyle
  • Multifamily Investor
  • Toledo, OH
Posted

Has anyone had any recent luck getting insurance for an apartment building with 60 amp electric service? I've been able to get them done in the past but am hitting a brick wall on a deal I'm doing now. I guess I should say I have one carrier than can get it done but at triple the premium I was expecting.

Thanks in advance!

Most Popular Reply

User Stats

109
Posts
125
Votes
Daniel Kurkowski
  • Real Estate Broker
  • Minneapolis, MN
125
Votes |
109
Posts
Daniel Kurkowski
  • Real Estate Broker
  • Minneapolis, MN
Replied

I can't believe this turned into a thread where you feel compelled to justify keeping part of the building intact that is dangerous to the point of making the structure uninsurable.  

Don't be a scumbag and upgrade the panels to an appropriate size for the building, or they'll be using this thread as exhibit A in court.

Unreal.

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