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Updated about 7 years ago on . Most recent reply

User Stats

28
Posts
6
Votes
Judy Lipinski
  • Investor
  • Pittsburgh, PA
6
Votes |
28
Posts

Seeking Pennsylvania insurance rates for properties

Judy Lipinski
  • Investor
  • Pittsburgh, PA
Posted

Ive been told we are probably paying too much for insurance.

We have policies through a broker for investment properties which are vacant, occupied, our personal home and cars.

Any recommendations for Pennsylvania?

Judy

Most Popular Reply

User Stats

123
Posts
80
Votes
Casey J Burkhead
  • Insurance Agent
  • Beaver Falls, PA
80
Votes |
123
Posts
Casey J Burkhead
  • Insurance Agent
  • Beaver Falls, PA
Replied

Hey @Judy Lipinski ,

Is your insurance broker a captive agent (i.e. State Farm, Allstate, Erie) or can they quote your properties with multiple companies?  It never hurts to shop around and really determine if you are in fact paying too much.  For the majority of my clients around Pittsburgh, Philadelphia Contributionship seems to be the most competitive for individual landlord dwelling policies.  And there are many different options for vacant policies but none are ever cheap.  If you have 10+ properties in your portfolio, a property package policy may be a good fit.  Let me know if I can help.

  • Casey J Burkhead
  • Loading replies...