Insurance for Mulit's
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Insurance for Mulit's (by Jerry [CA]) Jun 10, 2021 11:02 PM
       Insurance for Mulit's (by Robert J [CA]) Jun 10, 2021 11:20 PM
       Insurance for Mulit's (by Jerry [CA]) Jun 11, 2021 2:51 AM
       Insurance for Mulit's (by Robert J [CA]) Jun 11, 2021 2:58 AM
       Insurance for Mulit's (by Jerry [CA]) Jun 11, 2021 3:01 AM
       Insurance for Mulit's (by Robert J [CA]) Jun 11, 2021 10:52 AM
       Insurance for Mulit's (by R [OH]) Jun 11, 2021 12:02 PM

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Insurance for Mulit's (by Jerry [CA]) Posted on: Jun 10, 2021 11:02 PM
Message:

Hi everyone, i have 2 very old apartment buildings that are kept in good shape, have owned 1 for 12 years and the other for more than 2 decades. ZERO claims. Have used Scottsdale Insurance for the most part over the years. 10 units. 2 years ago my annual premium was like 4,400. Last year it shot up to well over 6,000 and this year I can't even get scottsdale to give me a quote yet and am only 2 weeks from renewal. Last time I switched from scottsdale to another, after 3 months they cancelled me because of the expensive "woodwork I then went back to Scottsdale They are Craftsman style (arts and craft styling) . Thanks for any ideas and advice!

Jerry --76.105.x.x




Insurance for Mulit's (by Robert J [CA]) Posted on: Jun 10, 2021 11:20 PM
Message:

What area in California are your properties. And would you consider not have a "perils clause" coverage for water damage due to a burst pipe or toilet overflow? --47.155.xx.xxx




Insurance for Mulit's (by Jerry [CA]) Posted on: Jun 11, 2021 2:51 AM
Message:

Central CA in san joaquin county. I would gladly sign a water damage waiver for the right price. Ive never made any claims so this all seems unfair --76.105.x.x




Insurance for Mulit's (by Robert J [CA]) Posted on: Jun 11, 2021 2:58 AM
Message:

Crusader Insurance Company. They are located in Calabasas--the San Fernando Valley near Woodland Hills.

crusaderinsurance.com

I went through a broker and not directly with the company. They gave good estimates for older and multi-use properties. I had a policy with them for years until I sold it. While they only have around 50 to 100 million dollars in reserves, they were at the time a California Admitted Carrier. For a million dollar property that's not a problem. Just don't use them for a skyscraper.

Good luck. Robert --47.155.xx.xxx




Insurance for Mulit's (by Jerry [CA]) Posted on: Jun 11, 2021 3:01 AM
Message:

Thanks for the referral Robert, you being the long time voice of Reason for LA county and California on this site! --76.105.x.x




Insurance for Mulit's (by Robert J [CA]) Posted on: Jun 11, 2021 10:52 AM
Message:

Please let me know how it works out for you. Also on Mr. Landlord the also offer insurance. You might want to compare the quotes... --47.155.xx.xxx




Insurance for Mulit's (by R [OH]) Posted on: Jun 11, 2021 12:02 PM
Message:

Robert definitely has some good information and I'm glad he is here! The only thing I can add is if the State of California has a plan for people that are having a hard time finding insurance. In Ohio we have the Ohio Fair Plan. Though I don't know if they do commercial property. Good luck. --12.47.xx.xx



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