Tennessee Duplex Insurance

[Joshua Davies]

Hi Everyone, I am close to submitting an offer on a duplex in Middle TN - I have ran the numbers in detail and they fit my criteria. The only cost I am not entirely sure on is the insurance - this will be my first investment property here in the US. If there are any investors out there in this area that could provide me with a rough estimate on insurance costs? I have a couple of insurance agents working on quotes but would like to get an idea of what other investors are paying so that I can compare. The property is a Duplex built in the 1920’s - I would be interested in insuring it for cash value and not rebuild value. Thanks for any input!