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Updated about 5 years ago on . Most recent reply

User Stats

88
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17
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Paul Martin
  • Investor
  • Lafayette, CO
17
Votes |
88
Posts

Too many properties to be granted another insurance policy

Paul Martin
  • Investor
  • Lafayette, CO
Posted

My insurance agent says I've reached the 5 property max to receive better pricing through their go-to carrier, Vermont Mutual, and will now have to bind with a more expense Massachusetts state-sponsored program. Any experience with this? Thank you, Paul

Most Popular Reply

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Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
3,308
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2,030
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Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
Replied
Originally posted by @Paul Martin:

My insurance agent says I've reached the 5 property max to receive better pricing through their go-to carrier, Vermont Mutual, and will now have to bind with a more expense Massachusetts state-sponsored program. Any experience with this? Thank you, Paul

 When I purchased my 5th investment property I had to move from a personal to a commercial umbrella policy. 

  • Anthony Gayden
  • Podcast Guest on Show #21
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