About Us

Multifamily Risk Advisors is a division of The Garzella Group. The Garzella Group prior to its formation in 2014 was recognized nationally as one of the top business insurance writers in the nation several times over the last ten years. 95% of the business written was written in the multifamily arena which led founder Daniel J Garzella to form Multifamily Risk Advisors and capitalize on his expertise and knowledge, creating solutions for owners and related professionals in the industry.

Multifamily Risk Advisors operates on a local and national basis. Because of our vast footprint we have access to and knowledge of carriers that most insurance brokers do not and relationships with their corresponding underwriting team which allow us to negotiate the best rates and terms available for your property or portfolio.

At Multifamily Risk Advisors we write insurance on an individual, or a portfolio basis. We can even write a Master Policy in the name of a property management company. We will write properties in high wind or catastrophe prone areas. We are experts in putting large insurance programs together leveraging several insurance carriers for a single portfolio. We are adept at working with all sides of the multifamily transaction including individual owners, property managers, REITs, Hedge Funds, REO Portfolios, Commercial Real Estate Brokers, and Commercial Lenders.

testimonials

Testimonials

For many years, the team at Multifamily Risk Advisors has been an incredible resource and partner for us. They have worked on our portfolio of over $380 million in assets spread across the continental United States, and have met every deadline and nailed every detail for us.

- Kyle Johnson
Variant Commercial Real Estate
Insurance Coordinator

Our Company has been in the real estate investing and management business since 1983. In our first year alone of switching our large insurance portfolio to the team at Multifamily Risk Advisors, we saved over $75,000 in premiums our first year. We have been completely satisfied with our business relationship and the timely and excellent service we have received.

- Brian A. Riley
The Certe Group
President

We have worked with Multifamily Risk Advisors for the last three years. I haven’t worked with another brokerage in 25 years that offered the level of service I have received from them. They were also very involved in our claims process and made sure that things kept moving along as they should be.

- Becky Belanger
The Barry Company
Regional Property Manager

Our Team

Daniel J. Garzella

  • Nominated twice for Commercial Agent of the Year (Top 5 in the country)
  • Began his Insurance Career in 2003 with Farmers Insurance Group.
  • Recognized in the top 1% of all commercial agents nationwide
  • Founded The Garzella Group including Multifamily Risk Advisors in 2014.

Carly M. Garzella

  • Responsible for compliance, training, and marketing for a Fortune 100 Company prior to joining agency
  • Prior to becoming Operations Manager for the organization was an integral part of developing and implementing back-end service operations for existing multifamily portfolio of clients.
  • Graduated from Central Michigan University with a Bachelor of Science in Business Administration in 2005.

Richard Nine

  • Adept at working with and negotiating lender requirements as they relate to specific properties and/or portfolios.
  • Works closely with property management firms, commercial real estate advisors, lenders and developers.
  • Heavily involved in personal and professional development.

Trevor First

  • Have been involved in the insurance placement of large portfolios with Total Insured Values of $500 Million+ spanning across multiple states.
  • Handles West Coast multifamily operations for the organization.

Kevin Conway

  • Joined the organization in 2011 with primary focus on insurance for the small business owner.
  • Transitioned to a heavy focus on excess and surplus lines in catastrophe prone regions such as Texas, and gulf coastal states.
  • Has worked on over a billion dollars of large property exposure spread across 15 states and is experienced in assembling large layered property programs.

Services

Insurance Broker:

Our knowledge of the multifamily insurance market place allows us to place you with the carrier who best fits your needs in your area. Our relationships with those carriers will allow us to aggressively negotiate pricing with the chosen company’s underwriter which allows us to offer you the best rates and terms available in the marketplace for your specific property or portfolio.

Lender Requirement Compliance & Negotiation:

We will do an in depth review of your lender requirements. This will not only lead to compliance with the lender, but also give us additional insight into the actual requirements. We can then use this insight to potentially reduce overall insurance costs for the property. We will also assist you in negotiating lender requirements on new purchases and/or refinances as it relates to the insurance side of the transaction.

Emergency Services Program:

We created this exclusive program for the property owner and/or Property Management Company. It is designed for disaster planning related to water & fire emergencies at a commercial property. A general inspection will be performed, specific property details and location shut off valves will be identified. Having an ESP in place will contain and minimize the damage to a property in the event of a loss. The ESP will provide a greater sense of security and emergency readiness in case of a disaster to both on-site personnel and off-site property managers. This program is value added for our clients.

Annual Policy Review:

We will review your policy with you each year between 90-120 days out, review your exposures and update you insurance coverage as appropriate. We will also provide you with a carrier analysis of the market place to assure you are getting the best rates and terms available.

 

Other Services

  • Marshall and Swift Property Valuations
  • Creation of Layered Portfolio's
  • Deductible Structure Creation and Analysis for Multi-State and High Wind/Catastrophe prone portfolios
  • Creation of Master Policies for Property Managers or Owners with a large portfolio of properties
  • Insurance policies for Lender Placed Insurance
  • Surety Bonds

Products

  • Property Insurance
  • Business Income
  • Extra Expense
  • Loss of Rents
  • Boiler & Machinery
  • Flood Insurance (National Flood Insurance Program)
  • Excess Non-Essential Flood Insurance
  • Earthquake
  • Difference in Conditions
  • Builders Risk
  • Commercial Liability Insurance
  • General Liability
  • Auto, Hired and Non-Owned
  • Environmental
  • Excess/Umbrella Liability
  • Deductible Buy Down
  • Stand-alone wind
  • Professional liability
  • Directors and Officers
  • Errors and Omissions
  • Employment practices liability
  • Crime
  • Fiduciary
  • Additional Coverages
  • Terrorism Coverage for certified and non-certified acts of terrorism.
  • Workers Compensation for property owners and/or managers.
  • Property Insurance
  • Business Income
  • Extra Expense
  • Loss of Rents
  • Boiler & Machinery
  • Flood Insurance (National Flood Insurance Program)
  • Excess Non-Essential Flood Insurance
  • Earthquake
  • Difference in Conditions
  • Builders Risk
  • Commercial Liability Insurance
  • General Liability
  • Auto, Hired and Non-Owned
  • Environmental
  • Excess/Umbrella Liability
  • Deductible Buy Down
  • Stand-alone wind
  • Professional liability
  • Directors and Officers
  • Errors and Omissions
  • Employment practices liability
  • Crime
  • Fiduciary
  • Additional Coverages
  • Terrorism Coverage for certified and non-certified acts of terrorism.
  • Workers Compensation for property owners and/or managers.
 

Work with a Winner

insurance-broker
  • Nominated twice for Commercial Insurance Brokerage of the Year
  • Recognized as the Top 1% of Commercial Insurance Brokers in the Nation
  • Reduced clients business overhead in excess of $1,000,000
  • Insured over $2 Billion in assets