Multifamily Insurance Questions to Ask When Shopping for a New Purchase or Replacement Policy

  • What are some of the factors that will affect your policy costs? Age, location, etc
  • Does a pool increase your rate significantly?
  • How old can the roof be before the provider will refuse to cover it?
  • How important is it for tenants to have renters insurance, and does it provide a discount to owner if they require it?
  • What additional structures do we need to think about insuring? Carports, storage, etc
  • Fannie/Freddie require Minimum coverages and how they different from non-agency loans.
  • Explain ‘Ordinance and Law Coverage’
  • Business replacement insurance? 
  • Is it standard that an investor should expect to pay 10% more than previous owner?

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Capstone Quarterly Newsletter – Q3 2024

Capstone Commercial is proud to publish the third edition of our newsletter. This issue features insights from our team on topics including cold calls, the current and upcoming market, interest rates, and more. Additionally, we are thrilled to include a guest article in this quarter’s edition from Vishnu Patel and Thomas Bream of Presence Bank. We look forward to providing this valuable content to our clients and colleagues each quarter. Be sure to sign up for our contact list below the newsletter to receive new issues straight to your inbox.

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