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?