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Updated over 4 years ago on . Most recent reply

User Stats

92
Posts
80
Votes
Chris Gottshall
  • Rental Property Investor
  • Portland, OR
80
Votes |
92
Posts

Insuring a MN Multifamily Property in a Trust

Chris Gottshall
  • Rental Property Investor
  • Portland, OR
Posted

I own a multifamily property in Saint Paul, MN that is titled to my trust. Liberty Mutual was willing to issue a normal residential landlord policy without any problem, but recently Auto-Owners came back and said if it is titled to a trust, it has to be written as commercial. I'm trying to find a better deal than Liberty Mutual was offering me, and Auto-Owners *was* that better deal until they decided to change it to commercial, which doubled the price.

Who writes residential landlord policies for small multi-family properties in the Twin Cities and wants some new business? I have several policies at Liberty Mutual that I am open to moving elsewhere for any agent that can solve this current challenge with my quad. Thanks in advance for any suggestions!

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