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Updated over 1 year ago on . Most recent reply

User Stats

90
Posts
37
Votes
Yonia B.
  • Realtor
  • Monmouth County
37
Votes |
90
Posts

Calling on Quadplex Investors, Who is Your Property Insurance Carrier?

Yonia B.
  • Realtor
  • Monmouth County
Posted

Hi BP Investors! 

I am looking for a property insurance company that insures 4plex rental properties.  I am having a hard time finding companies that insure quads.  So to all the BP investors that have quads in New Jersey, can you give me your property insurance carrier's contact info and share your experience with me?   

Most Popular Reply

User Stats

204
Posts
109
Votes
Ryan Goldfarb
  • Flipper/Rehabber
  • Jersey City, NJ
109
Votes |
204
Posts
Ryan Goldfarb
  • Flipper/Rehabber
  • Jersey City, NJ
Replied
Quote from @Yonia B.:

@Sean K. @John Schaeffer  Hi guys,  this is not an owner occupied property.   This is a fully rented buy and hold property in Atlantic City NJ.


We have a handful of properties in Atlantic City with a few different carriers. NREIG has issued several of our policies. The coastal location makes it a bit challenging as some carriers will not underwrite any new policies within a certain distance of the coast, so the ones that will can charge more.

  • Ryan Goldfarb
  • Loading replies...