Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Insurance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

25
Posts
0
Votes
JJ Cole
  • Houston, TX
0
Votes |
25
Posts

NREI Insurance - Mainly for rehabbers?

JJ Cole
  • Houston, TX
Posted

I have searched the forums for recommendations on a commercial policy for covering multiple SFR rentals (I have 8). Apart from SWBC and American Modern, I notice NREI listed but this one is mainly recommended for rehabbers. Is this company not a viable option for long-term rentals? Also will the commercial policy from all these companies have similar coverage?

Most Popular Reply

User Stats

228
Posts
30
Votes
Cuong Le
  • Investor
  • Houston, TX
30
Votes |
228
Posts
Cuong Le
  • Investor
  • Houston, TX
Replied

Hi @JJ Cole . Based on @Mehran K. this past weekend. He was very helpful explaining ACV and replacement cost policies. It looks like their prices are competitive for 1-4 unit single families. We are still working on the quotes right now and should get this soon this week. Their requirement is minimum $45/sf for actual cash value and $65/sf for replacement policy. All of our houses are for buy and hold.

Loading replies...