Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 over 10 years ago on . Most recent reply

User Stats

332
Posts
245
Votes
Matthew Schroeder
  • Investor
  • Carmel, IN
245
Votes |
332
Posts

Purchasing Duplex in Indianapolis - Insurance Recommendations

Matthew Schroeder
  • Investor
  • Carmel, IN
Posted

Dear Indianapolis Bigger Pockets Members,

I recently relocated from Southern California to Indianapolis to focus on real estate investment and we are scheduled to close on our first duplex next week, and we are looking for recommendations on good landlord insurance providers in the local market.

I received one quote earlier today from an out-of-state agent and it was 2x - 3x more than expected.  Based on a review of that quotation, it appears that their 'replacement cost estimate' is approximately 5x more than our purchase price (and 3x the assessed value of the property), which could explain why the quote was so high.

Any recommendations would be greatly appreciated.  Thank you in advance for your assistance!

Best,

Matthew

Most Popular Reply

User Stats

4,856
Posts
3,023
Votes
Mike D'Arrigo
  • Turn key provider
  • San Jose, CA
3,023
Votes |
4,856
Posts
Mike D'Arrigo
  • Turn key provider
  • San Jose, CA
Replied

I work with Petigo Insurance and Financial Services and have been very happy with them.

  • Mike D'Arrigo
  • Loading replies...