General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago on . Most recent reply

How to know if you're over insured...
BP,
Just wondering what level of insurance everyone has got. I feel like I'm a little over insured and just wanted to see your thoughts. I am into my properties for around 85k-100k (that is there market value) and my insurance has my rebuild values any where from 120-150k. Am I overpaying for my insurance? Should I lower my coverage rate to reflect my level of investment into the property to increase my cash flow? Any and all help is appreciated! Thanks for the help.