Real Estate Agent · CT · Member since 2019 · 48 posts · 6 votes
I want to know how much your'e paying for insurance. I was quoted $1500 for a 12 month policy on a triplex in CT. It's in excellent condition, rebuilt in 2017. What are you paying?
Without knowing the Limits, Location (fire protection varies), deductibles, loss history, etc. the comparisons will be difficult. There are several very competitive Insurance Carriers for the Multi Families but which is best varies from property to property. Not all Insurance carriers like the multi family so you should shop around. We have about 40 Companies but only 10 are good for the rentals (unless you have your home with them). If you want to know which companies have been good on CT multi's send me a PM.