After nearly two years of consistently building a relationship with a real estate investment group, they finally gave Starnet Insurance Group the opportunity to demonstrate how our expertise in real estate investor insurance could help reduce costs while maintaining strong coverage.
Once engaged, our team moved quickly to gather underwriting information, review the property's insurance requirements, and market the account to multiple carriers. Leveraging our extensive carrier relationships and deep experience in commercial property insurance and investment property insurance, we were able to secure competitive coverage options in a matter of days.
The result was a significant victory for the client. Starnet Insurance Group delivered an insurance solution that reduced annual premium costs by $6,388.23, representing a 29.39% reduction, while maintaining strong coverage and favorable policy terms. More importantly, the results established trust and confidence, leading to an opportunity to review the client's remaining 47 properties for additional insurance savings and risk management improvements.
This case study highlights how the right property insurance strategy can help real estate investors lower operating expenses, improve coverage, and position their portfolios for long-term growth.
Client Overview
Client: ZAZI LLC
Property Type: Commercial Real Estate
Location: Michigan
Property Size: 28 Rentable Units
ZAZI LLC owns and manages commercial real estate investments in Michigan. Like many investors focused on portfolio growth, the client was seeking comprehensive real estate investor insurance coverage while also evaluating ways to reduce expenses associated with protecting their assets.
The Challenge
Before engaging with Starnet Insurance Group, the client received a proposal from a large national brokerage with an annual premium of $21,732.88
At the time of our initial meeting, the property was uninsured. The client intentionally delayed securing coverage because they wanted to discuss a broader commercial property insurance strategy and explore ways to improve insurance efficiency across their real estate holdings.
The client needed:
Immediate coverage for an uninsured property
Competitive insurance pricing
Strong policy terms and comprehensive protection
Expertise in investment property insurance
A trusted insurance advisor capable of supporting future portfolio expansion
The Solution
Starnet Insurance Group immediately collected the necessary underwriting information and property documentation before marketing the account to a network of insurance carriers specializing in commercial property insurance and real estate investor insurance solutions.
Through strong relationships with underwriters and carriers, we negotiated favorable terms and secured a bindable quote of $15,344.65
The property was successfully bound shortly thereafter, ensuring the building was protected without delay. Our approach focused not only on lowering premiums but also on delivering the right property insurance protection for the client's long-term real estate investment goals.
The Results
Competitor Quote: $21,732.88
Starnet Insurance Group Premium: $15,344.65
Annual Savings: $6,388.23
Premium Reduction: 29.39%
Key Outcomes
Reduced annual insurance costs by$6,388.23
Achieved a 29.39% premium reduction
Secured coverage for a previously uninsured property
Improved policy terms and overall protection
Delivered a bindable insurance solution within days
Earned the client's confidence and expanded the relationship
Why Starnet Insurance Group Was Successful
The success of this account demonstrates the value of working with an insurance agency that understands the unique needs of real estate investors. At Starnet Insurance Group, we combine market expertise, carrier relationships, and a proactive service model to identify opportunities for cost savings while strengthening protection.
Rather than simply shopping for the lowest premium, our team focuses on creating customized property insurance and commercial property insurance strategies that support long-term investment objectives. This approach helps real estate investors protect assets, manage risk, and improve portfolio profitability.
Long-Term Impact
The savings achieved on this single property demonstrated the value that Starnet Insurance Group can bring to real estate owners seeking reliable real estate investor insurance solutions.
As a direct result of this success, ZAZI LLC invited us to review its remaining 47 properties, creating an opportunity to implement a comprehensive real estate portfolio insurance strategy across its entire investment portfolio.
Conclusion
Through persistence, responsiveness, insurance expertise, and strong carrier relationships, Starnet Insurance Group transformed a time-sensitive insurance challenge into the foundation of a long-term business partnership. Whether insuring a single building or an entire portfolio, our team specializes in real estate investor insurance, commercial property insurance, investment property insurance, and customized property insurance solutions designed to reduce costs while protecting valuable real estate assets.
Savings Delivered: $6,388.23 Annually
Premium Reduction: 29.39%
Coverage Status: Bound and Active
Properties Under Considerations: Expansion of the relationship to the client's full real estate investment portfolio.
