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Updated almost 8 years ago on . Most recent reply

User Stats

57
Posts
9
Votes
Joseh Orobello
  • Investor
  • Levittown, NY
9
Votes |
57
Posts

trouble finding affordable commercial insurance

Joseh Orobello
  • Investor
  • Levittown, NY
Posted

My policy seems to just keep going up with never ever putting in a claim.  Im shopping around but im not getting anywhere.  Replacement cost in my area is $200 square foot which is making it hard to get a good policy rate.  
I have an alarm,cameras,fire alarms,etc. pretty much everything that will give me a discount,but still insurance is very high.  Any suggestions out there on whati can do

Most Popular Reply

User Stats

8,372
Posts
4,375
Votes
Colleen F.
  • Investor
  • Narragansett, RI
4,375
Votes |
8,372
Posts
Colleen F.
  • Investor
  • Narragansett, RI
Replied
How much discount do you see for Sprinklers? Do you have to do the whole Building or is exit hallways Enough? My insurance is quite pricey and I am told it is because the building is stone. They don't want to share what sprinklers might do for the price. I have limited company coices too. I got rid of some riders but like the OP it is high.

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