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Updated over 7 years ago, 08/07/2017

User Stats

64
Posts
4
Votes
Mark Stone
  • Investor
  • Palm Harbor, FL
4
Votes |
64
Posts

Home owner's insurance

Mark Stone
  • Investor
  • Palm Harbor, FL
Posted

Hey everyone, I just got a new quot for my homeowner's insurance on the triplex I own and in live in.

I noticed the premium jumped from $1480 to $1743, is this typical. I mean a $263 or 17% seems a little fishy to me. 

Also, the amount for the dwelling coverage is about what I paid for the place 2 years ago. Do you typically cover 80% of purchase price or something like that for the dwelling, and assume the other portion is for the land?

Thanks in advance for any advice!

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