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Learning, Sharing, and Teaching => Real Estate and Landlording => Topic started by: AlmostIndependent on September 06, 2013, 05:01:55 PM

Title: Insurance for a 6-plex
Post by: AlmostIndependent on September 06, 2013, 05:01:55 PM

I'm in the process of purchasing a 6-plex. I need to get insurance for it (obviously) but my usual insurer will not insure any building with more than 4 units. Anyone have any pointers on where to find good (cheap) insurance for a 6-plex in Anchorage, Alaska?

Title: Re: Insurance for a 6-plex
Post by: arebelspy on September 06, 2013, 05:32:03 PM

I'd probably start cold calling.

Someone like Traveler's very well might.

Title: Re: Insurance for a 6-plex
Post by: anotherAlias on September 10, 2013, 06:42:27 AM

Try looking at insurance companies that insure businesses because that's really what you're doing.  If you can find an independent agent that specializes in small business insurance, they would be able to help you find insurance companies in your area that cover apt. buildings  and help you identify the appropriate coverages you'll need.

Title: Re: Insurance for a 6-plex
Post by: tonyevans on September 10, 2013, 08:04:26 AM

Who did the previous/current owner use?