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Updated over 5 years ago,
insurance quote for first investment property
I am in the process of getting my first investment property and I think I have a decent insurance quote can someone in the florida area review it for me. I have posted it below thanks.
Total With Flood Coverage:
$567.00
Includes Flood Premium: $100.00
Total Without Flood
Coverage: $467.00
Hurricane Premium: $147
Non-Hurricane Premium: $393
Nonrefundable Assessments and Fees: MGA Fee: $25
EMPA Fee: $2
Geocoding Information
Responding Fire District: JACKSONVILLE
Protection Class: 01
BCEG: 99
Distance To Coast: 99,500.00
General Risk Information
Construction Type: Masonry 100%
Year Built: 1952
Fire Hydrant Within 1,000 Feet of Home? Yes
Usage: Rental Only
Coverage Information
Primary Coverages
Coverage L (Premises Liability): $100,000
Coverage M (Medical Payments): $1,000
Limited Fungi Coverage Section I: $10,000
Limited Fungi Coverage Section II: $50,000
Coverage A (Dwelling): $100,000
Coverage B (Other Structure): 2% of Coverage A
Coverage C (Personal Property): Excluded
Coverage D & E (Additional Living Expense & Fair Rental
Value): $10,000
Water Damage Coverage: Limited
Deductibles
All Other Perils (AOP) Deductible: $1,000 Hurricane Deductible: $2,000 (2% of Cov A)
Optional Coverages
Ordinance or Law Coverage: 25% of Cov A
Loss Assessment Coverage: $1,000
Flood & Water Back Up Coverage: Yes
Roof Loss Settlement: Replacement Cost
Identity Theft Coverage: Included