Get a quote on your rental property

One to four units, leased to long-term tenants. Tell us what you own and a licensed agent will come back to you — not an automated price, an actual review of the building and the lease.

Submitting this form does not bind coverage. A licensed agent will follow up. Or call 317-942-0549.

What we need to quote it

Less than most people expect, and more specifically than most forms ask. The address is the first thing, because it does more work than any other single field — catastrophe scoring and flood posture both resolve from it, and they resolve by address rather than by county, which is why two buildings in one city can price differently. Then the ordinary building facts: year built, roof age and material, how the plumbing and the electrical service have been updated and when, square footage, and the number of units.

After that, the things people leave off. Whether the building is held personally, in a trust or in an entity, and who else has an interest in it. Whether you manage it yourself or through a manager. What has been claimed in the last several years, including the claims that were withdrawn — a withdrawn claim still shows up and it is better coming from you. Any retrofit or upgrade work that has been done, and any that has been ordered and not yet done, because those are two very different answers.

And the current policy, if you have one. We would rather start from what you actually hold than from a description of what you think you hold, because those are different documents more often than anyone likes. If a market has already declined or non-renewed the building, send that letter too. It is not a mark against you and it tells us immediately which part of the market to skip.

If it is a duplex, triplex or fourplex

A few more questions, and they are the ones that decide how the building is placed. Are the units side by side or stacked — a stacked building behaves differently in a water loss and in a liability claim. Are the systems shared or separated: one water heater or two, one panel or two, one meter or two. Is any unit an accessory conversion rather than original construction, because a building that is legally two units and described on an older policy as one is a mismatch that surfaces at a claim rather than at renewal. Do you occupy one of the units, and if so which. And is each one let on a signed lease or on a family arrangement.

Owners of a single small building often apologize for how little documentation they have. It is almost always enough.