Best landlord policy insurance carrier

[Ryan Deasy]

Hello all:

I have a property in New Britain, Connecticut that I will be closing on soon. Can you please make a suggestion as to whom is the best carrier for a land lord policy?

Thank you!

[Filipe Pereira]

Originally posted by @Ryan Deasy:

Hello all:

I have a property in New Britain, Connecticut that I will be closing on soon. Can you please make a suggestion as to whom is the best carrier for a land lord policy?

Thank you!

Hey Ryan, I shopped around a lot when I was looking for a policy for my 4 Plex in East Hartford last year. The quotes below were based on owner occupying one of the units, but when I recently changed it to a landlord policy it went up only a few hundred. I stuck with AAA. 

(All numbers are annual totals, with fairly high coverage)

Liberty Mutual 1687

Lundberg Insurance 1455

Geico 2880

Flanigan Insurance 2611

Nationwide 1722

Statefarm 2894

Paul Korzep 2294

Advanced American Financial 3251

Sava Insurance 2763

Farmers Insurance 1338

AAA 1000 (Now 1200/ year as a LL policy)

Allstate 2165

Amica 4967