All Forum Posts by: Nick Bruesch

Again, thanks everyone.  Farmers was a pretty good option and had better rates than what I had before but I ended up going with Shelter per @Chris Dawson's suggestion.  My $985 policy will now be $175.  I also cut my other houses from $350-400 to between $144-165 with them.  Now it's time to buy more houses with the savings! 

Thanks everyone for the fantastic advise.  I will get to work on calling other insurers now that I know that I'm paying way too much on this house.  I appreciate the input.

Hello, I am working on a growing portfolio of single family residences.  My current insurance company will only allow me to have 4 houses within my personal lines.  I just got my next house and had to go to a commercial line and the policy is more than 2x it was with my personal.  $985/yr for a $17,000, 2 br house with no basement seems really high.  Does this seem typical for you all?  Do you have any recommendations for other carriers?  Do you have to switch your personal lines to have commercial policies for your rentals?  Thank for your help!