Case Study – Real Estate Investor Saves 29.39% on Property Insurance with Starnet Insurance Group

Persistence pays off.

After nearly two years of consistently building a relationship with a Michigan real estate investment group, Starnet Insurance Group was finally given the opportunity to demonstrate how the right real estate investor insurance strategy could reduce insurance costs while maintaining strong property protection.

Once engaged, our team moved quickly.

We gathered the necessary underwriting information, reviewed the property’s insurance requirements, prepared the account for the market, and approached multiple insurance carriers.

Within days, Starnet Insurance Group secured coverage at an annual premium of $15,344.65 — compared with a competing proposal of $21,732.88.

The result:

$6,388.23 in annual premium savings — a 29.39% reduction.

More importantly, the successful placement established the confidence needed to expand the relationship. The client subsequently invited Starnet Insurance Group to review its remaining 47 properties for additional insurance savings, coverage improvements, and portfolio-level risk management opportunities.

Client Overview

Client: ZAZI LLC
Property Type: Commercial Real Estate / Investment Property
Location: Michigan
Property Size: 28 Rentable Units
Portfolio Opportunity: 47 Additional Properties

ZAZI LLC owns and manages real estate investments in Michigan.

Like many growing real estate investors, the client wanted to control operating expenses without sacrificing the insurance protection needed to safeguard its assets.

The objective was not simply to find the cheapest policy.

The client needed a reliable commercial property insurance solution that could provide competitive pricing, appropriate coverage, responsive service, and potentially scale across a much larger real estate portfolio.

The Challenge

Before engaging Starnet Insurance Group, the client had received an insurance proposal from a large national brokerage with an annual premium of:

$21,732.88

The property was also uninsured at the time Starnet Insurance Group was given the opportunity to work on the account, making the need for a viable insurance solution increasingly important.

The client wanted an insurance partner capable of addressing several priorities at once:

• Secure coverage for an uninsured investment property
• Reduce annual insurance costs
• Maintain strong property protection
• Obtain favorable and practical policy terms
• Access carriers experienced with real estate investment risks
• Receive guidance from an agency experienced in investment property insurance
• Establish an insurance strategy capable of supporting a larger property portfolio

The challenge was therefore bigger than simply producing another quote.

The goal was to develop a better property insurance strategy for the investor.

Starnet Insurance Group’s Approach

Starnet Insurance Group immediately began organizing the account for underwriting.

Our team collected the necessary property information and insurance documentation, reviewed the risk characteristics of the building, and prepared the submission for multiple carriers.

Rather than relying on a single market, we leveraged our carrier relationships and experience with commercial property insurance and real estate investor insurance to identify insurers with an appetite for the property.

Our approach included:

• Reviewing the property and existing insurance proposal
• Gathering underwriting and building information
• Identifying carriers suited for the risk
• Marketing the property to multiple insurance markets
• Communicating directly with underwriters
• Comparing available pricing and policy terms
• Negotiating for a competitive, bindable insurance solution
• Moving quickly because the property was currently uninsured

This market-driven approach enabled Starnet Insurance Group to secure a competitive insurance option within days.

The Solution

Starnet Insurance Group secured a bindable property insurance quote with an annual premium of:

$15,344.65

Compared with the competing proposal of $21,732.88, the new insurance solution reduced the client's annual premium by:

$6,388.23

That represents a:

29.39% Premium Reduction

The property was bound shortly thereafter, eliminating the uninsured exposure and providing the client with an active property insurance solution.

The objective was not simply lower pricing.

The strategy was designed to combine competitive premium, appropriate coverage, favorable policy terms, and a carrier solution suitable for the client's real estate investment needs.

The Results

Key Outcomes

✅ $6,388.23 in annual insurance savings

✅ 29.39% reduction in annual premium

✅ Coverage secured for a previously uninsured property

✅ Competitive property insurance solution delivered within days

✅ Strong coverage and favorable policy terms maintained

✅ Successful relationship established with the real estate investor

✅ Opportunity created to review 47 additional investment properties

Why Starnet Insurance Group Was Successful

This case demonstrates why insurance placement for real estate investors should involve more than simply requesting a quote from one or two carriers.

Different insurers have different underwriting appetites, pricing models, property requirements, geographic preferences, and portfolio strategies.

An experienced independent insurance agency can help identify which markets are best suited for a particular property and present the risk effectively to underwriters.

At Starnet Insurance Group, we combine:

• Extensive insurance carrier relationships
• Experience with commercial and investment properties
• Strategic insurance marketing
• Direct underwriting communication
• Detailed risk review
• Competitive carrier negotiations
• Responsive account management

Our objective is not simply to find the lowest premium.

We work to identify the best overall insurance value available for the client's risk profile, balancing cost, coverage, deductibles, policy terms, and long-term insurability.

Why Insurance Strategy Matters for Real Estate Investors

Insurance is a significant operating expense for many real estate investors.

For an investor who owns multiple properties, even modest improvements in insurance pricing can have a meaningful impact when applied across an entire portfolio.

For example, reducing insurance expenses on one property may save several thousand dollars annually.

Applying similar improvements across dozens of buildings can potentially produce a much larger effect on portfolio operating expenses and cash flow.

That is why real estate investors should periodically review:

• Property insurance premiums
• Building valuation
• Replacement cost estimates
• Property deductibles
• Loss history
• Vacancy exposure
• Rental income coverage
• Liability limits
• Ordinance or law coverage
• Water-related coverage
• Umbrella or excess liability
• Carrier concentration
• Portfolio structure

A properly designed real estate portfolio insurance strategy can help investors control costs while protecting valuable assets.

The Long-Term Impact

The most important result of this case may extend well beyond the initial $6,388.23 annual savings.

After seeing the results delivered on the first property, ZAZI LLC gave Starnet Insurance Group the opportunity to evaluate its remaining:

47 Properties

This creates an opportunity to examine the insurance program from a portfolio-wide perspective.

Instead of evaluating each building independently, Starnet Insurance Group can review potential opportunities involving:

• Carrier consolidation
• Portfolio insurance programs
• Property-by-property carrier placement
• Coverage consistency
• Deductible strategy
• Building valuations
• Loss control
• Liability protection
• Premium optimization
• Renewal planning

For larger investors, this type of coordinated insurance strategy can provide benefits that may not be apparent when each property is insured separately without an overall plan.

Persistence Pays Off

This relationship did not begin with an immediate sale.

Starnet Insurance Group remained in contact with the client for nearly two years before being given the first opportunity to compete for the business.

When that opportunity arrived, our team was prepared.

The combination of persistence, responsiveness, insurance expertise, carrier access, and execution produced measurable results:

$6,388.23 Annual Savings

29.39% Premium Reduction

28-Unit Property Successfully Insured

47 Additional Properties Under Review

One successful insurance placement became the foundation for a much larger relationship.

Looking for Better Insurance Options for Your Real Estate Portfolio?

If you own rental properties, multifamily buildings, commercial real estate, or a larger investment portfolio, insurance costs can have a significant impact on your operating expenses.

Starnet Insurance Group helps real estate investors evaluate coverage, access multiple insurance markets, and develop customized property insurance strategies built around their properties and long-term investment objectives.

Whether you own one investment property or an entire portfolio, our team can help you review:

• Commercial property insurance
• Investment property insurance
• Rental property insurance
• Multifamily property insurance
• Lessor's risk insurance
• Liability and umbrella coverage
• Vacant property insurance
• Portfolio insurance strategies

StarNet already has dedicated public pages for Commercial Property Insurance and Lessor Risk Insurance, so these are natural internal-link targets from the article.

To schedule a consultation, please call us at (312) 445-7777.

Contact Starnet Insurance Group today to review your real estate insurance program and find out whether better coverage, pricing, or portfolio efficiency may be available.

Individual insurance results vary based on property characteristics, underwriting, claims history, location, carrier appetite, coverage selections, and market conditions. The results described in this case study are specific to this client and do not guarantee similar savings for other insureds.