Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

48
Posts
18
Votes
Ryan Schuler
  • Rental Property Investor
  • Memphis, TN
18
Votes |
48
Posts

Who has Insurance Recommendations?

Ryan Schuler
  • Rental Property Investor
  • Memphis, TN
Posted

Hey Guys,

I just closed on my second property, and now have 3 properties (1 Personal, 2 Investment) plus my car insured through State Farm.

Just wondering if you might have recommendations on some other places to get insurance through that might have better rates? Especially since I plan to continue to buy properties, I am not sure if there is a limit that State Farm has on # of properties under the same policyholder.

Let me know what you think and your experience with any different companies! Thanks!

Most Popular Reply

User Stats

702
Posts
308
Votes
Billy Smith
  • Shawnee Mission, KS
308
Votes |
702
Posts
Billy Smith
  • Shawnee Mission, KS
Replied

So, what I always tell folks raise your deductible on everything, give them all your insurance needs for a better rate. But oddly enough Safeco gives me a better rate on one house. The umbrella and rest go to State Farm.

Shop around but I will say look up the internet insurance companies paying claims some seem to have a bad reputation.

State Farm pays most claims, sure you can dig up where a claim puts State Farm in bad light but in whole, they are rated the top in paying claims.

Loading replies...