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Updated over 2 years ago,
Trying to find affordable insurance for an 8 plex
I am in the process of buying an 8 plex. (All brick, two-story building built in 1901) I have got two quotes so far and they have been really high. The current owner pays $1500 but that insurance company no longer wants to insure that type of property (my luck). There have been several updates through the years but we have been denied several times due to the age of the building and they wanted it completely gutted and updated. Looking for other options for affordable insurance in Illinois.