Looking for Commercial Property Insurance

[Preeti Tibrewala]

Hi All,

I am looking for a property insurance for my 5 unit apartment building in Berkeley. We bought the insurance using Mercury insurance but they have increased price significantly.

Any good insurance broker/agent/company you have worked with?  I have 2 more 5 unit apartment building in Bay area which we can bundle with this insurance.

Thanks,

Preeti

[Kevin Hoag]

@Preeti Tibrewala You should be able to place all three properties onto one commercial policy since they are smaller sized building. All insurance carriers have taken rate this year. The key is to find the right insurance company that is specifically looking to build their rental property book of business. Not all insurance carriers go after rental properties and it will reflect in their pricing. An independent insurance agent will be able to quote your business with multiple carriers to find you the best policy.