Insurance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
CommercIal property insurance Houston, TX
Hi group,
Let me say I’m new and I have not found the right insurance company yet. Here are the details and the problem. I own a 41,000 sf tilt wall two building industrial property with 26 tenants. I purchased this in July 2020 and purchased an insurance policy from the company that insured the property for the previous owner. The policy cost 13,000, the other two quotes were $20,000.
Nine months later I’m in contract on a three building tilt wall 43,000 sf complex that I will occupy / lease out. It is configured for 4 tenants. In my eye they are essentially identical. I have three quotes all over $30,000. I need an insurance company that can help out.
Thank you in advance.