Insurance companies for rental properties

[Maria Mondino]

Hi! I've been using USAA to insure most of my rentals but I'd like to shop for quotes. Can you please recommend insurance companies that you use or are familiar with?

Thanks so much :)

[John Mocker]

Maria,

I would suggest shopping for several Independent Agents that write in the state where the properties are located.  We represent dozens of companies.  Which ones are competitive for a particular property can vary widely.  A company may be competitive in one area an not another in the same state.  Fire Protection, Coastal issues, the company's claim history in that area, all can affect what rates they set.   Also, in the 1-4 family market, some companies will only write the 1-2 families, others 1-3, and others will do up to 4 families.  The age, condition, and loss history of the properties may cause different companies to be used on different ones.