Best Carriers for RE Investors?

Question

Hey everyone,

Does anyone highly recommend any insurance carriers for multi-family units? I'm mainly asking for the P&C, 4 or fewer per unit. However, I'm open to hearing all carriers that are more favorable to investors.

Thanks

Casey J Burkhead · Answer

Hey @Ryan Ingram,Most of my standard carriers are good for 1-4 units (MetLife, Hanover, Travelers, etc.).  If you are an investor with more than 4 properties or 8 units, then I would recommend a carrier with a specific REO program.  All Risks has been the best one I've worked with but REI Guard also works.

Casey J Burkhead · Answer

@Ryan Ingram,  REI Guard or I think they are now called NREIG is a referral based structure with the Agent having little to do with the process except referring the client.  All Risks is definitely more hands on.

Ryan Ingram · Answer

Thanks, I'm happy to hear they've helped you. Unfortunately, as a broker, I am not able to carry State Farm.

Antoine Martel · Answer

I have used State Farm for this kind of product type. Have you thought about using them ?

Best Carriers for RE Investors?

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