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Updated over 7 years ago on . Most recent reply
Best Insurance For Commercial Multifamily?
My business partner @Luke Babich and I are under contract to purchase a 24 unit property in south city (all residential).
We're not sure how the insurance process for commercial multifamily is different than residential multifamily. Do we contact the same people that we've been using for our 4plexes, or are there better options?
Can anyone recommend a good company / broker that we should talk with?
Thanks for the help!
Most Popular Reply

@Ben Mizes the commercial insurance market has a divide @ 4 units. Meaning, most insurance Programs insure 1-4 units, or 4 units and up.
Chances are the best insurance company for your smaller stuff will not be your best option for the 20 unit.