Insuring single familiy home split into multiple units

[Matt Wassum]

Hi,

I have a few properties that I thought would be really good deals, but insurance has turned out to be hard to get for them / really expensive.  I purchased two houses in Bristol, Tennessee and they are each split into 3 different units with their own kitchens, bathrooms, etc.  I have learned that insurance companies really don't like this setup and I have been charged like $1,500 bucks a year in insurance for each property which is a lot considering I purchased the properties for $50K and $80K, but they way that they are acting I wouldn't be surprised if they end up not wanting to insure them at all. 

I am interested to see if anyone has ideas on how to insure these types of properties in a more cost efficient manner.

Thanks,

Matt