All Forum Posts by: Steve Sherman

I second Shelter Insurance in STL. Currently doing my second actual cash value insurance policy for one of my multi-families in STL. What I've found is that not all lenders understand or are accepting of the actual cash value policy, although it covers their risk exposure completely. In my case, I had to persuade Guaranteed Rate Affinity lender that they are fully covered, even without the Total Replacement Cost policy. I ended up getting a green light. @Megan Greathouse was able to introduce me to a great Shelter Insurance agent, who is truly knowledgeable, friendly and will fight to get you the best deal.

@Megan Greathouse

Megan, thank you for the great referral to Eric Brand of Shelter Insurance. He has been very professional, knowledgeable and friendly. Finished doing one insurance policy with him and in process of completing a second policy on my new STL acquisition. I let him know that you were kind enough to connect us. Thanks again!

Steve Sherman

Thank you guys for the input! Will be inquiring into Shelter.

@Megan Greathouse , thanks for the prompt response! DM'd you.

Hello, everyone. My first post on this platform. I'm looking for an affordable and reliable insurance company for a 4-unit rental that I'm in escrow on in St. Louis, MO. I have another 4-unit in St. Louis insured with State Farm, but they are a bit inconsistent in their communication and with their quotes. Looking for a total replacement cost apartment policy for the 4-unit in the Carondelet area of St. Louis. I was quoted a ridiculous price of about 3.5k a year. Any insurance company recommendations in the St. Louis area?  Thanks.