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Massachusetts Real Estate Q&A Discussion Forum
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25
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Thomas J. Budka
  • New to Real Estate
  • MA
9
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25
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Rental Property Insurance Massachusetts

Thomas J. Budka
  • New to Real Estate
  • MA
Posted
Hi All,

I am in the process of purchasing a rental property (3 unit) in Gardner, MA. I called my insurance company, USAA, and they quoted me at 4,300/annually; that is with a 10% discount. Does anyone have any recommendations for other companies to call. The current owner reports he is paying 2,300/annually, so getting a quote 2,000 higher seems odd to me. Thank you in advance!

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2,293
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Lien Vuong
  • Real Estate Agent
  • Boston, MA
1,674
Votes |
2,293
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Lien Vuong
  • Real Estate Agent
  • Boston, MA
Replied

I would ask which provider the previous owner is going with and asking for a transfer policy. Those are most economical. 

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