Rental property insurance cost

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Hello all,

I'm paying a very high premium landlord home insurance...4K insurance to be exact. I have a 3 family rental in the Boston (Massachusetts) area market. Essentially, I'm trying to cut costs if necessary. In order to do that, I would need to know how much people are paying? and where can I find the best rate?

[Bill B.]

I’m sure they aren’t the cheapest. But I’ve had good experiences with Allstate in Vegas. I get “20% off” for multiple policies. I’ve made two $30,000 water claims that they paid instantly. (Two different houses the toilet supply lines failed. REPLACE all stainless supply lines that aren’t braided but rather look like snake scales. NOW!!!). Ps. They even sued a manufacturer and got $7k of which they gave me the first $2500 I paid as a deductible, even though they still lost money.) My only 2 MN properties (one rental one 2nd home) are insured with State Farm as they were insanely cheaper on waterfront properties than anyone else.  I’ve made claims on the 2nd home from storm damages there and they paid fast and paid contractors directly.)

Ps. If you can afford it $2500 deductibles will save you money every few years. You don’t want to make $10k claims. You want to make claims of at least $30k. 

LMK what you find.