cost of insurance on four family building

we have a 4 family that we occupy presently, but we are considering moving out and renting the property out in full. what kind of insurance must we carrry? how much should it run us a year? we are getting quotes but don’t want to get fleeced. thanks in advance for any thoughts!

slvillager

in Insurance 12 years and 8 months ago

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2 replies

sgdale | 12 years and 5 months ago

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Talk to someone over at Brownstone Agency. They have some of the best rates in the greater New York Area for Brownstone rentals.  Call (212) 699 8773 and see what they can offer.

mozeeatupu | 12 years and 8 months ago

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So you currently have no tenants? You need commerical multifamily insurance and an umbrella policy.  Also get some quotes with insurance brokers.