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Updated over 4 years ago, 06/27/2020
Insurance Recommendation for 4-Plex in Los Angeles
Hello,
Does anyone have a recommendation on insurance or an insurance agent for a 4 unit income property? I need someone who can act quickly because I'm already deep into escrow on a 4 unit property in Los Angeles.
I have a regular insurance agent that I normally use and he is trying to get me underwritten with First American. However, there have been a lot of delays and I'm worried they will not cover the property. I have the estimated amount (which was 2.4 times higher than my other local 4 unit in Los Angeles), but the carrier's underwriter has not given final approval yet.
Any recommendations on a local agent or carrier would be highly appreciated.
Thanks!