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Updated over 2 years ago on . Most recent reply
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Average cost of insurance for a rental in Texas
I'm a new investor currently in the process of analyzing deals in my area (Texas). For the other investors in Texas, what is the average price range for insurance on a rental property?
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Hi Brandon! Wreck'em!! Unfortunately, it is tough to voice an average. Premiums change by the zip code. It is a safe bet to say between $100-$200 monthly. My advice is to find an investor-focused insurance broker that can shop the market and find the balance between cash flow and asset protection.