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Updated over 2 years ago on . Most recent reply

User Stats

6
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0
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Brandon Callahan
  • Lubbock, TX
0
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6
Posts

Average cost of insurance for a rental in Texas

Brandon Callahan
  • Lubbock, TX
Posted

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? 

Most Popular Reply

User Stats

348
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244
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Cameron Moore
#3 Insurance Contributor
  • Insurance Agent
  • DFW, TX
244
Votes |
348
Posts
Cameron Moore
#3 Insurance Contributor
  • Insurance Agent
  • DFW, TX
Replied

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. 

  • Cameron Moore
  • [email protected]
  • 682-593-4016
  • Loading replies...