The short answer to this question is yes but you need to be good customer with the insurance company. Here’s a list of what you can expect from a landlord insurance company when you have multiple properties that need to be insured.
What if you need insurance for more properties with the same insurer?
Most insurance companies will offer you a discount but you’ll need to have at lease 3 or more properties under one insurance policy. Most of the time you’ll need to get a quote for each policy and take the policies out.
Then the discount is applied.
What if I have more than 3 properties?
The same again, if you need a portfolio of properties, you’ll get an extra discount and sometime a dedicated account manager, that’s there for you, when you need him or her.
The benefit of having a dedicated account manager
The benefits include, quicker support regarding your policy and making amendments. Someone to take to about your policy whenever you want an explanation about part of your claim or any other information you require.
Take advantage of the natural competition between landlord insurers!
Landlord insurers tend to be at war with one another, as each is hoping to net your business. If you are looking for better rate online through various landlord insurers, you may find them trying to under cut one another in hopes that they can snag your attention.
If you are looking for a good deal then, you should not be afraid to shop around to see what they will offer you in exchange for your business.
What do you have to lose really?
Know the difference between real rates and introductory rates.
Landlord insurers can offer introductory rates as temporary, or introductory solution for new customers. These interest rates, premiums, sales talk and other numbers are meant to bait you, to bring you in, and to get your business.
Do not fall for them, but instead, learn how to see through them to the REAL numbers if you want to get a really good deal from landlord insurers that are not just trying to “hook” you.
Make use of good quote systems out there!
We compare everything these days, from dog training to landlord insurance and the reason is, it keep the completion actively promoting deals to get you in as a new customer.