Chicago Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 8 months ago,
Significant saving after switching to Allstate for 2-4 units in chicagoland
No, I don't work for Allstate haha but wanted to share that their pricing algorithms seem to be giving the lowest quotes on 2-4s in chicagoland area right now. One of my properties went down $1400 a year and another down $700 a year. One of my clients saved $800 a year and another client with a smaller 2 unit saved $400 a year. Lower insurance payment = more cashflow!
Note: I did have one client declined by them because they had two past home insurance claims in their history so it seems they are looking for low risk clients only.