Insurance for my 3-family 1852 building

Member since 2024 · 1 post · 0 votes

Looking for an insurance company or agent to insure my 1853 3-family rental unit. Current carrier can no longer service the property and I need a replacement policy for around $1,000,000. Can anyone recommend or help?

0 Reply

33 views

2 Replies

Jump to latestLatest

Sort by

Owen RosenBusiness Member
Professional · Clinton Township, MI · Member since 2015 · 708 posts · 267 votes
2y
Quote from @Frank Powers:

Looking for an insurance company or agent to insure my 1853 3-family rental unit. Current carrier can no longer service the property and I need a replacement policy for around $1,000,000. Can anyone recommend or help?

What state is the property in? Feel free to DM me.
Royal Oath Insurance Group4.9211 Reviews
Website View Page
0 Reply
Cameron Moore
Insurance Agent · DFW, TX · Member since 2021 · 348 posts · 245 votes
2y
Make sure you find a broker in the area of the property that can shop with multiple carriers. They will know which carriers will accept at $1MM replacement value. Luckily, any property under 5 Family is still residential and not considered a commercial policy!
0 Reply

Join the conversationCreate a free account to reply, vote on answers and follow this thread.