Mixed Use Insurance

October 22, 2010 6:51 AM

Landlord/Business Insurance Recommendations Needed

Question in brief: need specific recommendations for an insurance company that will insure a duplex that is being used for a residence on one side and a business on the other.

Mrs. Plinth and I purchased a duplex, half of which is being rented out to a family, the other half to my wife's business. Our primary insurance company Amica, won't insure the property. My emergency backup insurance company, USAA, will not issue a landlord policy unless they also do our primary (don't want that - too expensive), and they don't like the business exposure. USAA recommended Foremost. Foremost insured the property and then canceled the policy saying, "we don't insure businesses" - which is quite the surprise since we were up front about the usage of the property.

I can use google like the rest of you - I'm looking for a personal recommendation, not the output of a search.

posted by plinth to Work & Money (1 answer total)

Best answer: The answer to this problem is to talk to an insurance agent who doesn't not represent a specific insurance company. This type of agent is likely to have experience with broader insurance requirements and will know specific companies that will target your specific requirements.
posted by plinth at 8:40 AM on November 22, 2010