Insurance Coverages Recommendations

[Alfredo Alfaro]

Hello I was wondering what kind of insurance everyone tends to put on their RealEstate Investment Properties? My Insurance tells me about how their system advises to have a certain amount and if I want to change it that’s possible and my Lender tells me I must have a certain amount. I just wanted to hear about other Investors opinion is over this topic and how they cover their properties without taking an arm and a leg. I know that depending on the property and location it could be more but typically for a Multi-Family it could be around this much… and for a Single Family around this much…etc. I’m looking for any information. How much should the deductible be, how much coverage for liability, should I include renters coverage (for potential loss of rents), anything else I should include? 

[Jeffrey Donis]

We use Obie Insurance. They're great guys, and easy to work with. They're also nationwide. Matthew Sutika is the person to reach out to. If you PM me, I'll send you his email. He can probably get you a quick quote, or answer any questions you have about their service.