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Updated almost 8 years ago,
insurance options for Muti-family properties
Hey all!
I'm new to Bigger Pockets and am very excited to be part of this community. I'm looking for some guidance regarding insurance options for our multi-unit properties in Minnesota. Our currently agency is requiring that we have an "apartment policy" for all properties that are > 2 units. They are running $200+ per month per property, which seems a little excessive. Our single family properties are able to be insured for $60-$70 per month. Does anyone have any good recommendations for companies with more reasonable rates. Thanks!
Karen Higgins
Higgins Investments, LLC